Fuel-Demand Rationing May Be Needed, BofA's Blanch Says

Fuel-Demand Rationing May Be Needed, BofA's Blanch Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the challenges faced by the US administration due to refining capacity issues and the potential actions that can be taken, such as releasing petroleum from the Strategic Petroleum Reserve (SPR). It highlights the low levels of commercial and government inventories and suggests possible solutions like demand rationing and fuel subsidies. The conversation also touches on the global implications of these measures, particularly in the context of actions against Russia.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the Strategic Petroleum Reserve (SPR) play in the current energy situation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could limiting speed on highways impact fuel consumption?

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