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Last week, President Biden announced further drawdowns from the Strategic Petroleum Reserve (SPR). While the President claimed that the decision was “not politically motivated at all,” members of the media and current and former legislators were.

United statesDepartment of energyDistrict of columbiaWhite houseMike sommersMatt gallagherJeff eshelmanEnergy in depthFederal reserve bankStrategic petroleum reserveMessages from the administrationStrategic petroleumAmerican petroleum institutePetroleum association of americaIndustry reacts to strategic petroleum reserve drawdownPresident biden