AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (1 comment)

  1. Roger Blomquist

    Pre-crisis stockpiling of critical strategic commodities is a good idea. The Strategic Petroleum Reserve should act as a deterrent to potential embargoers, not because it affects the price of oil during an embargo. Because of the SPR, any oil producer contemplating embargoing the US has to weigh the lost income during the period in which the US would substitute SPR oil for imports.

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