Even if the U.S. Administration decides to release crude oil from the Strategic Petroleum Reserve (SPR), American drivers are unlikely to see gasoline prices coming down, because U.S. refiners already have enough oil to run at maximum rates, and much of the oil products that would be produced could be exported, analysts briefed by Reuters say. Last month, reports emerged that the Trump Administration was considering tapping into the SPR to try to reduce gas prices before the mid-term elections in November. Options being reviewed range from a test sale of 5 million barrels to the release of 30 million barrels from the SPR, Bloomberg reported in July, citing people familiar with the deliberations. As of August 3, the SPR inventory stood at 660 million barrels of oil, including 254.6 million barrels of sweet and 405.4 million barrels of sour crude. Various analysts who have spoken to Reuters think […]