Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline

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NEW YORK (Reuters) – President Donald Trump’s plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration’s strategy to shield drillers from a meltdown in energy demand – but company officials and industry groups said the program will not be enough.

FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson

Trump announced his intention to fill the U.S. Strategic Petroleum Reserve “to the top” on March 13 as global

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