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Oil

Should the US government stockpile gasoline and jet fuel?

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Listen: Should the US government stockpile gasoline and jet fuel?

As the US government continues to sell off hundreds of millions of barrels from its crude oil stockpile, a new report argues that the Trump administration should start building reserves of gasoline, jet fuel and other refined products.

Phillip Cornell, the author of the study, joins the podcast to talk about where these product reserves should be built, how much they’d cost and whether an emergency fuel reserve needs to be used in order to be effective. Cornell is a nonresident senior fellow at the Atlantic Council’s Global Energy Center and a former adviser to both Saudi Aramco’s chairman and CEO and the executive director of the International Energy Agency.


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