Mmastodon WorldEU Politics first seen 10 h ago, last 1 h ago, peak #2
US drains final 40 million barrels from Strategic Petroleum Reserve
Original: "U.S. taps final 40 million barrels from Strategic Petroleum Reserve" # Politics # News # USA # Government # Democrats #
The United States is releasing the last 40 million barrels from its Strategic Petroleum Reserve, a move being widely discussed in political and economic circles. The reserve was drawn down heavily after the 2022 release ordered to counter high gasoline prices, and critics argue it leaves the country dangerously low on emergency oil supplies, while supporters point to refilling efforts.
Why now: The depletion of the emergency oil reserve is politically charged, with Democrats and Republicans trading blame over energy security ahead of elections.
United StatesStrategic Petroleum ReserveDepartment of EnergyDemocrats
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- "U.S. taps final 40 million barrels from Strategic Petroleum Reserve" # Politics # News # USA # Government # Democrats # MAGA # UN # EU # Canada # Economics # Trade # Tariffs # Manufacturing # GDP # Employment # Deficit # Debt # SPR # Oil https://www.… · ManyRoads@mstdn.social · 11
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