Birdwatch Note Rating
2023-01-11 14:19:20 UTC - HELPFUL
Rated by Participant: 74458685633EBCF02EB1DC0842E0799155C760C06A7852602B2E63BB2ACF35F0
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