Birdwatch Note Rating
2022-12-18 15:22:15 UTC - HELPFUL
Rated by Participant: 48A6956B1CC62A88B568BCB9EA5ADA8EF5B82561FC995C188AA6C5E26E949CB4
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