2024 ELECTION
Biden Admin Cancels Plan to Refill Strategic Petroleum Reserve After Depleting Reserves by 43%
By
Ella Ford
This decision comes at a time when energy independence and national security are more critical than ever, leaving many to question the administration’s commitment to these foundational conservative values.

The SPR, established in the aftermath of the 1973-74 oil embargo, serves as a national security buffer, ensuring that America has an emergency stockpile of crude oil that could be tapped during times of crisis.

The recent depletion was part of an effort to combat rising gas prices and inflation, with President Biden authorizing the release of millions of barrels from the reserve. However, with this latest announcement, it appears there is no rush to refill the coffers.