UHND.com - Notre Dame Football, Basketball, & Recruiting

...from the attached Reuters article...
---------------------
The department created the Northeast Gasoline Supply Reserve in 2014 after Superstorm Sandy left motorists scrambling for fuel. But storing refined fuel is costlier than storing crude oil, so closing the reserve was included in U.S funding legislation signed in March by Biden, a Democrat.

...Bob McNally, president of consultancy Rapidan Energy, said unlike the Strategic Petroleum Reserve that holds hundreds of millions of barrels of crude oil, the gasoline reserve was "too tiny to provide much energy security and won't be missed."
--------------------

btw, the legislation that created the NE Reserve...and mandated its closure...was bipartisan.

Don't put your trust in ZeroHedge.


Link: https://www.reuters.com/business/energy/us-close-northeast-gasoline-reserve-with-1-million-barrel-sale-2024-05-21/#:~:text=WASHINGTON%2C%20May%2021%20(Reuters),the%20near%20decade%2Dold%20reserve.