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Energy Transition Outlook Report 2023
HomeOil and GasRestoring U.S. Oil Reserve to Capacity Could Take Years, Cost $20 Billion

Restoring U.S. Oil Reserve to Capacity Could Take Years, Cost $20 Billion

The U.S. faces a $20 billion, years-long effort to refill the Strategic Petroleum Reserve after past withdrawals, highlighting challenges in energy security and crude supply management.
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