Even with planned sales from its strategic reserves, the United States can still meet its obligations to cover an import shortage, the government said. A section of the spending bill signed by U.S. President Donald Trump this month called for the sale of barrels from the Strategic Petroleum Reserve, an asset set up in the 1970s as part of a response to the oil embargo imposed on the United States by Arab members of the Organization of Petroleum Exporting Countries. Last year, the sale of 8 million barrels of light, sweet crude oil from the SPR fell under a measure passed in December 2016 that allowed for the sale of up to $375.4 million in strategic reserves […]