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Biden Administration Brushes Aside Question About Record Drawdowns From Strategic Petroleum Reserve

When Joe Biden took office in 2021, the SPR inventory stood at 638 million barrels, below the currently authorized capacity of 714 million barrels. And it has declined steadily since then, to 511.6 million barrels in June. And the oil releases ordered by Biden are continuing.
Saudi Arabia United States Gulf Of Mexico White House District Of Columbia Gerald Ford

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US: DOE announces sales from Strategic Petroleum Reserve to combat Putin's price hike

The U.S. Department of Energy (DOE) has announced that contracts have been awarded for 30 million barrels from the Strategic Petroleum Reserve (SPR). This second emergency sale was conducted as part of a coordinated action with international allies and partners in response to Vladimir Putinโ€™s war of choice against Ukraine.
United States Vladimir Putin International Energy Agency Member Countries Million Barrels Of Crude Oil Shell Trading Us Company Glencore Ltd

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