Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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U.S. stands ready to tap emergency oil reserve in wake of Saudi attacks-DOE

Sat, 14th Sep 2019 23:01

WASHINGTON, Sept 14 (Reuters) - The Trump administration isprepared to tap U.S. emergency oil reserves if necessary afterdrone attacks shut oil output in Saudi Arabia, the world'slargest crude exporter, a Department of Energy spokeswoman said.

Energy Secretary Rick Perry "stands ready to deployresources from the Strategic Petroleum Oil Reserves if necessaryto offset any disruptions to oil markets as a result of this actof aggression," spokeswoman Shaylyn Hynes said.

Perry directed department leaders to work with theParis-based International Energy Agency "on potential availableoptions for collective global action if needed," she said. TheUnited States has occasionally coordinated with the IEA oncollective draw downs of oil from international reserves.(Reporting by Timothy Gardner; Editing by Daniel Wallis)

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