Strategic Petroleum Reserve Law and Legal Definition
The Strategic Petroleum Reserve (SPR) is an emergency fuel store of oil, maintained and supervised by the U.S. Department of Energy. In times of oil shortages, the President may order the Department of Energy to tap these reserves to stabilize the price of oil and meet demand needs.
Legal Definition list
- Strategic Marketplace Initiative (SMI)
- Strategic lawsuit against Public Participation
- Strategic Decisions
- Strategic Business Unit
- Strategic and Critical Materials Stock Piling Act
- Strategic Petroleum Reserve
- Strategic Special Nuclear Material (SSNM)
- Strategy
- Strategy Based Margining
- Strategy Committee [Planning Investments and Comprehensive Economic Development Strategies]
- Straw Bond
