Birdwatch Note Rating
2022-12-19 14:27:04 UTC - HELPFUL
Rated by Participant: 3081CC1AF08CF496B9AC7BE8C8BDF1108C753934F06590D79355F31A9D98239B
Participant Details
Original Note:
The Biden admin reduced the SPR from over 600m barrels in 2021 to 400m by the end of 2022. It was announced that 3m barrels would be purchased in February, but no refill has occurred yet. Thus no "profit" has been made yet. 200m barrels more are needed to refill the SPR. https://abcnews.go.com/Business/wireStory/us-buying-3m-barrels-oil-start-replenishing-reserves-95447708
All Note Details