Birdwatch Note Rating
2022-12-18 18:39:08 UTC - HELPFUL
Rated by Participant: 862E84AD6C488AB3037EAC4682346692F09F61D556BF80E01E4F8B21C28D08CA
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