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!["In the decades since its creation, the structure of the [Strategic Petroleum Reserve] generally has not changed, though the markets for crude oil and petroleum products have changed significantly," said the Government Accountability Office in a public letter of recommendations to the Energy Department. (Associated Press)](https://twt-thumbs.washtimes.com/media/image/2019/04/21/4_212019_oil8201_c0-193-2000-1358_s652x380.jpg?af0af91a850be758c30c139197a61b3b5da50781)
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Department of Energy announced earlier this month that it “will purchase up to 3 million barrels of oil for the Strategic Petroleum Reserve.”“Attempt to purchase” would be more precise — a request for bids in December netted no sales.
EDITORIAL Biden's draining of oil reserves appears by design →
Energy Department says that if enacted, its proposed efficiency rules would not go into effect until 2027 and would save consumers up to $1.7 billion in energy costs.
