Strategic Petroleum Reserve

Harkening back to the long lines at gas stations that erupted after the 1973 Arab oil embargo, followed by diminishing oil production, US crude oil exports were prohibited. With production booming, energy czar Ernest Moniz may reconsider that policy.
Dec 17, 2013   The New York Times - Energy & Environment
With the flow of Libyan oil at a stalemate, the President ordered the release of 60 million barrels over the next 30 days to keep the world supply stable and gas prices from increasing.
Jun 26, 2011   The New York Times