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Aug 5, 2024 · “The Biden administration says it has replenished the 180 million barrels of oil it withdrew from the nation’s Strategic Petroleum Reserve in response to high prices following Russia’s...
Feb 26, 2024 · US President Joe Biden is planning to release fifteen million barrels of oil from the nation's emergency reserves in an effort to continue curving gas prices around the country.
Nov 3, 2022 · These contract awards complete the President Biden’s announcement on March 31, 2022, to release 180 million barrels of crude oil to address the significant global supply disruption caused by Putin’s war on Ukraine, act as a wartime bridge for domestic production to increase, and aid in lowering energy costs for American families.
Jul 29, 2024 · Today, following the finalization of contracts for the most recent solicitation of crude oil for the Strategic Petroleum Reserve (SPR), the U.S. Department of Energy confirms that more than 40 million barrels have been purchased and delivered or secured for delivery by December 2024.
Nov 23, 2021 · Today, the President is announcing that the Department of Energy will make available releases of 50 million barrels of oil from the Strategic Petroleum Reserve to lower prices for Americans...
May 17, 2024 · The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.3 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).
Oct 19, 2022 · WASHINGTON — President Joe Biden announced Wednesday that he would authorize the sale of more oil from the country’s Strategic Petroleum Reserve as his administration scrambles to rein...
