Birdwatch Note Rating
2023-06-06 21:23:20 UTC - HELPFUL
Rated by Participant: C9F31D07C89F764C1DB5EC3C5B9E5F200B3736F5D5D03C4E848AE02C19D12CA3
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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