Biden Admin: Just Kidding, We’re Not Refilling The Strategic Oil Reserves!

Last month, the Biden administration committed to buying up to 3 million barrels of oil to remedy the declining Strategic Petroleum Reserves (SPR). Designed to be used for times of emergency, the SPR has seen a 43% decline since 2021, when the Biden administration started emptying the reserves as a way of offsetting rising gas … Continue reading Biden Admin: Just Kidding, We’re Not Refilling The Strategic Oil Reserves!