$6 Billion Sale From Petroleum Reserve May Help Fund Infrastructure Plan

The U.S. could sell $6 billion worth of crude oil from the Strategic Petroleum Reserve (SPR) as one of the financing sources for new investment in the infrastructure deal, Reuters reports, quoting a document being circulated by Republican lawmakers. U.S. President Joe Biden announced on Thursday that he had agreed to a bipartisan infrastructure framework after meeting a bipartisan group of Senators.   “We have a deal,” President Biden said on a compromise proposal for an infrastructure plan aimed at repairing roads and bridges,…