@unusual_whales

"On March 31, 2022, President Joe Biden announced that his administration would release 1 million barrels of oil per day from the [Strategic Petroleum Reserve] for the next 180 days, selling it at an average price of $96 per barrel. The 2022 release became the largest ever SPR sale and lowered the SPR to its lowest levels in 40 years."

https://en.wikipedia.org/wiki/Strategic_Petroleum_Reserve_(United_States)

#StrategicPetroleumReserve #StrategicOilReserve

Strategic Petroleum Reserve (United States) - Wikipedia