CNN: “Why Emergency Oil Releases Won’t Fix This Crisis”

RFF Fellow Daniel Raimi shares his thoughts on an emergency release from the US Strategic Petroleum Reserve.

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Date

March 10, 2026

News Type

Media Highlight

Source

CNN

“‘It’s not zero, but the effect is likely to be pretty small,’ said Daniel Raimi, a fellow at energy think tank Resources for the Future, on a coordinated release. ‘When you sort of consider the volume of global oil trade, just around 100 million barrels per day, even a coordinated SPR (strategic petroleum reserve) release will have a modest impact on global oil prices.’”

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Daniel Raimi

Fellow; Director, Communities in the Energy Transition Initiative

Daniel Raimi is a fellow and director of the Communities in the Energy Transition Initiative at RFF. He works on a range of energy policy issues with a focus on tools to enable an equitable energy transition.

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CNN: “Why Emergency Oil Releases Won’t Fix This Crisis”

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