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Biden Administration Cancels SPR Purchases

Despite indicating they would refill the Strategic Petroleum Reserve (SPR) by the end of this year, the Department of Energy has cancelled solicitations.

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US cancels latest oil reserve refill plan amid high prices

US cancels latest oil reserve refill plan amid high prices
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Biden admin cancels plan to refill emergency oil reserve amid high prices

The Biden administration is abruptly canceling plans to replenish the Strategic Petroleum Reserve, which the president has depleted to fight high gasoline prices.

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Biden administration cancels purchase for Strategic Petroleum Reserve, citing high prices

The Energy Department canceled a planned buyback for the SPR because of high oil prices.

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Biden Cancels Plan To Refill Emergency Oil Reserve | NewsRadio 740 KTRH | KTRH Local Houston and Texas News

Biden Cancels Plan To Refill Emergency Oil Reserve | NewsRadio 740 KTRH | KTRH Local Houston and Texas News
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