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Biden Cancels Replenishment of Strategic Oil Reserves

• Biden administration cancels plan to purchase millions of barrels of oil for the Strategic Petroleum Reserve (SPR).

• Current SPR holds 363.6 million barrels, down 43% since January 2021.

• Biden initially depleted SPR to counter high fuel prices.

• The White House Press Secretary declined to comment.

• Department of Energy says they're "still committed" to refilling SPR.



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Biden Cancels Replenishment of Strategic Oil Reserves

• Biden administration cancels plan to purchase millions of barrels of oil for the Strategic Petroleum Reserve (SPR).

• Current SPR holds 363.6 million barrels, down 43% since January 2021.

• Biden initially depleted SPR to counter high fuel prices.

• The White House Press Secretary declined to comment.

• Department of Energy says they're "still committed" to refilling SPR.

BY Breaking911


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