Strategic Petroleum Reserve

Biden’s Mistake: US Vulnerable to Oil Cartels – You Won’t Believe How Close the Reserve is to Being Empty

The U.S. oil caverns, once massive reserves, now stand empty due to actions taken by the Biden administration. According to Bloomberg, refilling these underground storage areas will be a challenging undertaking that may take several decades or even more. The Strategic Petroleum Reserve (SPR) currently holds only 346.8 million barrels, the lowest level since 1983, out of a total storage capacity of 714 million barrels. This scarcity amounts to around a mere 20 days’ worth …

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Biden’s Dangerous Tactics Are Depleting The U.S. Oil Reserves

Biden’s response to rising gas costs has included tapping into America’s oil reserves. The idea was that if external oil supplies were shut off, the U.S. could use the stockpile to keep the country going. Biden administration is using the oil reserves for everything but its intended purpose.

Congress Takes Steps To Stop Biden From Transferring US Oil Reserves To China

On Wednesday, a bipartisan group of legislators led by West Virginia Democrat Joe Manchin and Texas Republican Ted Cruz introduced a bill called the Protecting America’s Strategic Petroleum Reserve from China Act, which would prevent the sale of any more barrels of the Strategic Petroleum Reserve(SPR) to China by President Joe Biden.