Birdwatch Note Rating
2023-06-06 21:45:41 UTC - HELPFUL
Rated by Participant: 1EB33CAB3209ACE10029C9AC1BF6EE2A4115ACC4BDADB50FF21C4AEF2594D60D
Participant Details
Original Note:
In 2020, the Department of Energy proposed filling the SPR to its maximum capacity by purchasing 77 million barrels of oil at $24 a barrel. The plan was later scrapped by congress who called it a "bailout" for the oil industry. https://www.washingtonexaminer.com/news/white-house/oil-2020-a-different-time https://www.energy.gov/articles/department-energy-executes-direction-president-trump-announces-solicitation-purchase-crude Biden has not replaced the oil sold. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCSSTUS1&f=M
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