Hollow sound: Strategic Petroleum Reserve continues to scrape bottom, as Biden promises to refill

The Biden Administration’s Energy Department has put out another solicitation to buy oil to replenish the Strategic Petroleum Reserve, a national security priority. But it’s only going to buy 3.3 million barrels for delivery in October, when it thinks the price will be around $79 per barrel. Last month, as the Administration has done numerous … Continue reading Hollow sound: Strategic Petroleum Reserve continues to scrape bottom, as Biden promises to refill