More sales from Strategic Petroleum Reserve

Author: Matt Reese   Date:

On Monday, the Biden Administration announced it was selling 26 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). The United States Department of Energy has considered cancelling the sell from the SPR for this year since the Biden Administration sold a record 180 million barrels last year. A cancellation at this juncture would […]

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Last Scheduled SPR Release?

Author: Matt Reese   Date:

President Biden announced earlier this week that there will be an additional release of crude oil from the Strategic Petroleum Reserve (SPR).  The scheduled release of ten to fifteen million barrels of crude oil by the Biden Administration in December is the last of the one hundred eighty million barrels President Biden authorized in March […]

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