Biden Depletes America’s Strategic Petroleum Reserve to Another Historic Low

The Department of Energy announced the release of an additional 20 million barrels of oil from the Strategic Petroleum Reserve Tuesday afternoon, marking yet another desperate measure by the Biden administration to lower gas prices at the pump.

“The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced an additional Notice of Sale of up to 20 million additional barrels of crude oil from the Strategic Petroleum Reserve (SPR).

This Notice of Sale is part of President Biden’s announcement on March 31, 2022 authorizing the sale of crude oil from the SPR to address the significant market supply disruption caused by Putin’s war on Ukraine and help lower energy costs for American families,” DOE released in a a statement.