Birdwatch Note Rating
2022-12-19 07:01:59 UTC - HELPFUL
Rated by Participant: 7AFEAD01EB106EE81D3F813CD1E968A4D4AFAB90B7E5FDCF1B92667DF4E07FFE
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