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Oct 21 (Reuters) - The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside from current ...
To cushion the blow from the war in Ukraine, the Biden administration has released vast amounts of oil from the SPR, the underground series of storage tanks along the Gulf Coast that contains ...
The Biden Administration has only returned about 14 million barrels to the SPR after a significant drawdown, with recent cancellations of refill plans. Rising oil prices have led the DOE to cancel ...
Despite claims of replenishment, the Strategic Petroleum Reserve (SPR) remains significantly below pre-Biden levels. The DOE's statements create a misleading impression by including barrels not ...