VOL. XL
No. 33
18-August-1997
GENERAL
SPR: More Important Than Ever
The following paper, dated 2 July 1997, was presented by the New York-basedPetroleum Industry Research Foundation Inc. (PIRINC) in response to the US Department ofEnergy's request for public comment on Strategic Petroleum Reserve policy.
The Strategic Petroleum Reserve (SPR) is one of the cornerstones of US energy policy.It remains the most effective policy tool in minimizing the economic dislocations to theUS economy that would...
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