Didn't want to fill the strategic oil reserve at dirt cheap prices last year. Now Biden desperate and using some of that reserve.
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And the funny thing is 50m barrel’s being released only covers 2.5 days of the USA oil usage. Lipstick on a pig. This can be resolved very quickly if Biden reverts back to Trump’s policyEvery reference I find to the SPR reports that it is held for use in case of natural disaster or military threat. Can't find one reference that it is to be used to price fix the gas industry when political polling is sinking like a rock partially due to the political mismanagement of petroleum policy.