2024-08-09 21:25:48
According to the US Energy Information Administration, the Strategic Petroleum Reserve dropped from 638k barrels on 1/8/2021 to 375k barrels on 8/2/2024. That represents the lowest level of reserves since 1984. [Link] NEEDS_MORE_RATINGS(3-0-3) Author
2024-08-09 21:35:58
Since hitting a low level of 347 million barrels in June 2023, the Biden Administration has returned about 14 million barrels of the 291 million removed (4.8%). - Forbes [Link] NEEDS_MORE_RATINGS(5-0-2) Author
2024-08-10 05:52:05
US Crude Oil in the Strategic Petroleum Reserve Stocks (I:USCOSPRE) was at 638.09M bbl(Barrels of Crude Oil) on Jan 22, 2021 two days after President Biden took office. As of Aug 2, 2024 it is now 375.83M bbl. This is approximately a 41.1% decrease since Biden took office. [Link] NEEDS_MORE_RATINGS(0-0-1) Author
2024-08-10 17:12:53
NNN - the post and the provided article proves exactly what the OP wrote. Factually, Biden did pull 183 million barrels from SPR at the cost of $95 a barrel in 2022, then in 2024, he replenished the exact same amount of 183 million barrels, purchased for $77 each. [Link] NEEDS_MORE_RATINGS(0-0-0) Author