Northeast Home Heating Oil Reserve

The Northeast Home Heating Oil Reserve was created in July 2000 to provide a reserve of heating oil for the approximately 5.3 million households in the Northeast region of the United States that use heating oil for their homes.

History

On July 10, 2000, President of the United States Bill Clinton directed Energy Secretary Bill Richardson to establish a 2-million-barrel home heating oil component of the Strategic Petroleum Reserve in the Northeast. The intent was to create a buffer large enough to allow commercial companies to compensate for interruptions in supply or severe winter weather, but not so large as to dissuade suppliers from responding to increasing prices as a sign that more supply is needed.[1]

The reserve was opened for the first time in November 2012. Two million gallons were made available to local and Federal agencies for relief efforts in the wake of Superstorm Sandy.[2]

Facilities
gollark: Don't think so.
gollark: The problem is if you're moving around, want to use a mouse, and want stuff fixed in world space.
gollark: I think you can do relative to you without knowing your position.
gollark: I think in most cases when you want serverless 3D with a mouse you'd just want stuff at a fixed pos relative to you anyway. And recentering.
gollark: Well, for this issue, the solution is probably either a server on fixed-pos stuff and constant recentering on ones which need to move with the player.

See also

References
  1. DOE - Fossil Energy: Home Heating Oil Reserve
  2. http://washingtonexaminer.com/obama-opens-strategic-oil-reserve-to-alleviate-hurricane-sandy-shortage/article/2512471


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.