A new Texas facility will use ExxonMobil Signature Polymers’ resins for the development of agricultural films.

The Department of Energy rejected a bid for 3 million barrels to refill the SPR last week. Crude quality complicates the problem of refilling the SPR. The U.S. Department of Energy may not have ...

President Joe Biden has faced criticism for tapping the country's strategic petroleum reserve just weeks before the midterm elections. AP President Joe Biden’s latest politically timed release of ...

Former U.S. President Donald Trump claims that he filled the SPR while Biden drained it. The level of the SPR actually declined while President Trump was in office. Biden has reduced the level of the ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. 019909 17: Tunnels wind through subterranean chambers June 1, ...

Over the past week, multiple stories have appeared in the media with headline phrases like “The U.S. is refilling the Strategic Petroleum Reserves.” However, this is misleading at best. To recap, the ...

The Trump administration said on Thursday it is seeking to exchange up to ​92.5 million barrels of crude from the ​Strategic ...

Markets treat “SPR release” as an instant supply. Operators treat it as a governed drawdown of a specific inventory mix, with hard constraints: what is stored (crude vs. products), where it sits ...