Biden Drained The SPR At $30/bbl In Order To Keep Oil Prices Low Prior To Midterms. Now Filling It Back At $96/bbl With Tax Payer Money

[Jim H - VA USA]

Published December 28, 2022 8:56am EST

US emergency oil stockpiles drop to lowest level since 1983 as gas prices tick up​

Keeping emergency oil stockpile levels high is important for U.S. 'energy security and national security,' GOP lawmakers have warned​

US emergency oil stockpiles drop to lowest level since 1983 as gas prices tick up

The nation's emergency oil stockpile managed by the Energy Department declined to its lowest level in 39 years last week as gas and oil prices increased, federal data showed.

www.foxbusiness.com

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[surada]

Oil hasn't been as high as $96 in a long time.

I rather expect oil to go to $63 per barrel.