Birdwatch Note Rating
2022-12-18 02:39:59 UTC - HELPFUL
Rated by Participant: C6E5E535CCE8F52D92B61C30E58A5A47BEE05EEE51F0E88D1A8CA7BCE0ED9E5D
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