Commodities

White House looking at possible plan to offer discount on oil drilling licenses and/or fees on military and/or public lands in exchange for a percentage of the oil drilled being sent to the SPR, according to FBN's Lawrence

News detail

Plan still being considered and not yet finalised. Full Post: "An Administration Official telling me Trump White House looking at a possible plan to offer a discount on oil drilling licenses &/or fees on military &/or public lands in exchange to send a percentage of the oil drilled directly to the Strategic Petroleum Reserve, without hitting the open market. Official says this plan is still being considered & has not been finalized."

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