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Dec 2, 2022
Oil Industry Exec: Draining the Strategic Petroleum Reserve 'Should Be a Real Concern for All Americans'
Oil Industry Exec: Draining the Strategic Petroleum Reserve 'Should Be a Real Concern for All Americans'
When Joe Biden became president 23 months ago, the U.S. Strategic Petroleum Reserve contained 638,085,000 barrels. Since then, because of Biden's various oil releases, the SPR now contains 389,116,000 barrels (as of the end of November), a 39.01 percent decrease and the lowest level since 1984. On Friday, Mike Sommers, the head of the American Petroleum Institute, told the Fox Business Network, "This should be a real concern for all Americans."#stickypbModal625{ position : relative; z-index : 30; margin:0px px; padding: 9px; background: rgba(0,0,0,0.0);} @media only screen and (max-width: 1024px) {#stickypbModal625 { flex-wrap: wrap;}} "The Strategic Petroleum Reserve has become the strategic political reserve. And we have grave concerns about how it has been so politicized," Sommers said. "This is for emergency purposes, not to lower gasoline prices during a time -- during a political season. So, of course, it's important to make sure
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