Tuesday, April 16, 2024

With Strategic Petroleum Reserve at Historic Lows, Biden Cancels Replenishment Order

With Strategic Petroleum Reserve at Historic Lows, Biden Cancels Replenishment Order:

Incidentally, Biden’s predecessor recognized the importance of the Strategic Petroleum Reserve and tried to replenish it, according to the National Review.

“When former president Donald Trump attempted to fill the SPR to the brim when oil prices were at a rock-bottom price of $24 a barrel, congressional Democrats blocked the purchase, claiming it would be an oil-industry bailout,” the outlet reported.

Oil is an essential part of everyday life, whether green energy advocates want to admit it or not.

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