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US to Loan Nearly a Third of Emergency Heating Oil Reserve

The Department of Energy said the Trump administration is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil reserve to tame surging prices.

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The 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. The move aims to tame surging prices. Reuters first reported the move after senators from both political part