Less than 300 million barrels left: the engineering limits threatening the American Strategic Petroleum Reserve
America’s energy security is facing its own "300" moment, when Spartan warriors held the narrow pass at Thermopylae against a vast, overwhelming force.
America’s energy security is facing its own "300" moment, when Spartan warriors held the narrow pass at Thermopylae against a vast, overwhelming force.
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Why it matters
The nearing engineering limits of the U.S. Strategic Petroleum Reserve pose a significant structural constraint on a critical national energy security asset, potentially affecting energy markets and credit conditions linked to energy infrastructure and policy, with broad implications for lenders and borrowers in the sector.
Sources
Fortune
Less than 300 million barrels left: the engineering limits threatening the American Strategic Petroleum Reserve
America’s energy security is facing its own "300" moment, when Spartan warriors held the narrow pass at Thermopylae against a vast, overwhelming force.