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  Three on Thursday - Strategic Petroleum Reserve
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In this week’s edition of “Three on Thursday,” we take a deeper look into the U.S. Strategic Petroleum Reserve (SPR). Over the past three years as inflation has run rampant, along with a war in Ukraine, President Biden gave orders for emergency drawdowns from the SPR to help mitigate price increases. This, coupled with other exchanges and planned sales, has drained the SPR to its lowest level in 40 years. Many are concerned about this, but do they need to be? For a more in-depth perspective, click the link below.

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Posted on Thursday, November 30, 2023 @ 3:41 PM • Post Link Print this post Printer Friendly

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