Trump administration to loan up to 315,000 barrels from heating oil reserve to tame prices

The Trump administration will loan about a third of the Northeast's 1 million-barrel heating oil reserve, up to 315,000 barrels from Maine, Massachusetts and Connecticut, to tame prices as US diesel averages $6.32 a gallon. Deliveries are set to be completed by November 13, and the department will evaluate whether further releases are needed.

Detected & updated continuously · Source: Nebula