I believe Biden has used up about 80% of that reserve, thus the only thing the administration can do is squeeze a wee bit more out of it before it dries up. It should last throught the summer if there is not a huge demand. But folks will want to travel. Heck, even if it SPR was totally full, a conflict in the middle East will still send the price of crude oil up.
I believe Biden has used up about 80% of that reserve, thus the only thing the administration can do is squeeze a wee bit more out of it before it dries up. It should last throught the summer if there is not a huge demand. But folks will want to travel. Heck, even if it SPR was totally full, a conflict in the middle East will still send the price of crude oil up.
They love it when a plan comes together. Ouch!