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Trump’s Strategy Helped Shield US From Energy Collapse Amid Biden’s SPR Sell-off, Analysis Suggests

Writer's picture: The_RoosterThe_Rooster

Anonymous 09/24/22 (Sat) 18:32:29 58d63a (12) No.17575515

Trump’s Strategy Helped Shield US From Energy Collapse Amid Biden’s SPR Sell-off, Analysis Suggests

US media warned this week that the nation iss “running on empty” and risks calamity as the Strategic Petroleum Reserve - a crude oil stockpile meant for use in energy emergencies - continue to be drained. To date, the Biden administration has withdrawn about 200Mln barrels of oil (more than 30 percent) of the stockpile. The Strategic Petroleum Reserve (SPR) tends to grow during Republican administrations and fall under Democratic ones, and the energy independence strategy pursued by recent administrations, including Donald Trump's, may help shield the country from an energy catastrophe even as the Biden White House continues to eat away at the reserve supply, veteran energy expert Robert Rapier believes.



 
 

U.S. Department of Energy will sell 18 million barrels of crude oil from its Strategic Petro Reserve https://www.qnotables.com/post/u-s-department-of-energy-will-sell-18-million-barrels-of-crude-oil-from-its-strategic-petro-reserve

 



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