US Offers to Loan Nearly a Third of Emergency Heating Oil Reserve
The Department of Energy said the administration is offering to loan up to nearly a third of the 1-million-barrel reserve to tame prices.
By Timothy GardnerThe Trump administration is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil reserve, the Department of Energy said on Wednesday, in a bid to tame prices, which have surged on diesel shortages due to the wars in Iran and Ukraine.The move, repo…