The Biden administration has decided not to proceed with its plans to purchase oil for the Strategic Petroleum Reserve (SPR) due to high prices. This decision comes after the administration had previously drained the SPR to its lowest level in 40 years, a move criticized by many as a political stunt to lower gas prices before the 2022 midterm elections. The Department of Energy cited the interests of taxpayers and surging oil prices as the reasons for canceling the refill plans. The current SPR holds 363.6 million barrels, marking a 43% decrease since January 2021. The administration had announced last month plans to purchase up to three million barrels of oil as part of its effort to refill the reserve.
Apparently Biden doesn’t want to replenish America’s backup supply of petroleum — a fuel source he wants to eliminate. Sure wish he’d have told us that when he decided to raid the Strategic Petroleum Reserve — just to make the deficit look slightly less obscene. https://t.co/DKCYIiCTVQ
🚨🇺🇸 BIDEN REFUSES TO REFILL PETROLEUM RESERVES High fuel prices resulting from the war in Ukraine made Biden sell 40% of the U.S.' petroleum reserves, which left the nation with only enough to fuel itself for 17 days. The refusal to refill the reserves comes as the… https://t.co/2TQCiMSNFI
Biden has DOOMED America. He has spent the last FOUR years DRAINING our Strategic Petroleum Reserve with the promise to refill it. Today, he canceled the refill plan because oil is too expensive. He is leaving America EMPTY. https://t.co/tu5dN1UjuC
NEW: Biden admin cancels plan to refill Strategic Petroleum Reserve after depleting reserves by 43% https://t.co/VPShnVxyuH https://t.co/VPShnVxyuH
Biden Halts Attempts To Refill SPR As Oil Price Soars https://t.co/1NNTLgjTzf
President Biden drove up energy prices, drained the Strategic Petroleum Reserve & sold millions of barrels to China. Now, he can’t afford to refill our emergency oil supply. His political stunts have endangered the American people & our national security. https://t.co/WFDwTKRiDz
The US government drew down the Strategic Petroleum Reserve to supply the market when prices were high. But when prices were low, they didn't refill it much, and today they cancelled their latest buy orders due to rising prices. Sticking the landing is the hard part. https://t.co/bwaEghPQne
Biden Cancels Replenishment of Strategic Oil Reserves • Biden administration cancels plan to purchase millions of barrels of oil for the Strategic Petroleum Reserve (SPR). • Current SPR holds 363.6 million barrels, down 43% since January 2021. • Biden initially depleted SPR… https://t.co/10STtqgGKM
JUST IN: The Biden Admin is cancelling plans to refill our Strategic Petroleum Reserve (SPR), as oil prices surge. The admin previously drained the SPR in a bid to lower gas prices, after their ESG war on domestic energy production caused energy prices to skyrocket. https://t.co/W31xgurBbH
Biden administration cancels purchase for Strategic Petroleum Reserve, citing high prices https://t.co/t745cvHZrB https://t.co/t745cvHZrB
“The Biden administration has abruptly canceled a plan announced last month to purchase up to three million barrels of oil as part of its effort to refill the Strategic Petroleum Reserve (SPR). The SPR – which Congress established for emergency situations – currently contains… https://t.co/DIWyDslGoA
Joe Biden drained our Strategic Petroleum Reserve down to 17 days of supply. Today he cancelled the refill order. https://t.co/Kk42rGZYN4
BREAKING NEWS: President Biden abruptly cancels plan to refill Strategic Petroleum Reserve - White House announced last month it planned to purchase up to three million barrels of oil as part of the effort to refill the reserve. The Department of Energy said that while it… https://t.co/lCLEHFiy1u
WOW: The Biden administration scrapped plans to refill the Strategic Petroleum Reserve because it would be "way too expensive." Biden drained the SPR trying to relieve gas prices and ease the pain of Bidenflation on American consumers. Reports indicate gas prices could hit… https://t.co/tKysxwL6Vk
Karine Jean-Pierre doubles down on Biden's liquefied natural gas export ban: "It is important to understand the climate and economic impacts...of these LNG exports!" https://t.co/YhTFMixTpO
'Too Expensive': Biden Cancels Plan to Refill Strategic Petroleum Reserve https://t.co/l7zPiopzyE
BREAKING NEWS: Biden admin cancels plan to refill emergency oil reserve amid high prices https://t.co/4ZZCOjslha
Karine Jean-Pierre on the Biden administration cancelling a refill of the Strategic Petroleum Reserve (which Biden drained to a 40-year low): "Department of Energy is responsible for that" https://t.co/aekGI8BUeB
🚨🚨🚨 "The Department of Energy said it has canceled its plans to purchase millions of barrels of oil to refill the depleted U.S. Strategic Petroleum Reserve..." https://t.co/mU4NC3qWvH
BREAKING: Biden drained our strategic oil reserves to the lowest levels in over 40 years. Now they refuse to refill it because “oil is too expensive.” These people are Cracker Jack morons.
BREAKING: After Draining Strategic Petroleum Reserve to Lowest Level in 40 Years, Biden CANCELS Plan to Refill it Because Oil is “Way Too Expensive” via @gatewaypundit https://t.co/aHUFEVN5T2
The Biden admin emptied our Strategic Petroleum Reserve amid record high gas prices before the 2022 midterm elections – playing politics to help Democrats. Biden still hasn't refilled it, leaving America without a key strategic resource as gas prices are on the rise again.
Biden Admin Abandons Latest Attempt To Refill Strategic Oil Reserves Due To High Prices https://t.co/xuQWJeOllL
'Another Biden Success Story!' Here's Why the US Strategic Petroleum Reserve Won't Be Replenished https://t.co/obTr1ANuqf
In 2022, Biden claimed he had "a plan to refill the Strategic Petroleum Reserve" after draining it to its lowest level in four decades. Today, they cancelled that plan because oil is too expensive. https://t.co/Eo1M0eMEgS
Joe Biden is a disaster. He drained the U.S. Strategic Petroleum Reserve to its lowest level in 40 years and now his administration is canceling plans to refill it because oil is "way too expensive." https://t.co/7fXlDHAfiq
🇺🇸🛢️ The United States has abandoned plans to replenish its oil reserves due to high prices, Bloomberg reports. The Energy Department said it "put the interests of taxpayers first" in its decision not to purchase 3 million barrels of oil for the Strategic Petroleum Reserve.… https://t.co/SIXLpAxhOu
🚨 Biden drained the U.S. Strategic Petroleum Reserve to its lowest level in 40 years. Now, the Biden administration is CANCELLING their plans to refill it because oil is "way too expensive." https://t.co/NYqEZ2Aosa
Due to rising prices, the United States has cancelled its plan to buy oil for the Strategic Petroleum Reserve. That was quick.
WAR: After selling the majority of our nation’s strategic oil reserves to China, Biden has decided not to refill the SPR. While necessary for our defense in the event of war with Russia or China, Biden has decided his campaign cannot withstand skyrocketing gas prices. https://t.co/CBjLLb5ERF
*BBG: Biden Admin Cancels Latest Oil Reserve Refill Plan Amid High Prices Incredible… https://t.co/n2jcrcbAfu
In the least shocking news .... 🇺🇸US Cancels Latest Oil Reserve Refill Plan Amid High Prices The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices. The Energy Department said it was “keeping the…
The Biden administration, amid rising prices, has decided not to purchase oil for the Strategic Petroleum Reserve.
US Cancels Latest Oil Reserve Refill Plan Amid High Prices https://t.co/m92o1YS1eY
The Biden Administration has canceled its latest plans to refill the Strategic Petroleum Reserve due to surging prices https://t.co/IfSJcPTSTn
#SPR: US Cancels Latest Oil Reserve Refill Plan Amid High Prices #oott https://t.co/Mn75u2fGeN
The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve https://t.co/rGCfpkUcql