Biden To Tap Strategic Petroleum Reserves AGAIN

At a glance

  • The White House said that Biden would release another 10 million barrels from the Strategic Petroleum Reserve in November to keep prices low.
  • “The President will continue to direct SPR releases as appropriate to protect American consumers and promote energy security,” the statement read.
  • Since becoming president, Biden has announced the release of more than 200 million barrels from the Strategic Oil Reserve, putting the national reserves at their lowest level since 1984.
  • He “has released more oil from the … Reserve than all previous presidents combined.”

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