The country will release 50 million barrels, almost twice as much as the biggest previous release and about 8 percent of the total reserve.Nov. 24, 2021, 10:34 PM UTCThe 50 million barrels of oil that President Joe Biden said the country would release from its Strategic Petroleum Reserve would be the biggest release in U.S. history and almost twice as much as the largest previous release.
Before 2017, there had been only three emergency sales from the reserve, spurred by disruptions like the Gulf War in 1991, Hurricane Katrina in 2005 and the Libyan civil war in 2011. While the amount Biden is releasing is unprecedented, the methods to withdraw oil have become more common, as lawmakers use the reserves to balance the budget — and offset disruptions from hurricanes.
The record setting alternative fuel use will offset this as we Build Back Better! Wind, solar, electric autos and more....
also literally a fraction of what is in our reserves.
It’s the wrong decision period
Yes, it time to let big oil and corporate powers not to screw with American people, citizens and stop trying to control energy and control are future…..Amen…..
And will improve zilch!
people need to stay off the roads unless it's necessary....
Historic and historically ill-advised.
Merely a deceptive tactic. 2 1/2 days of oil. Turn the pipeline on and resolve this issue Americans are not stupid
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