🇺🇸$ONG
Is the US “little piggy” breaking? The crisis draining oil reserves and the risk for Trump!
In January 2023, Steve Scalise criticized Biden for removing oil from the U.S. Strategic Petroleum Reserves. The SPR hits its lowest level in 40 years, with fewer than 300 million barrels. The decline is due to releases driven by conflicts such as Ukraine and Iran. Without a set minimum level, the integrity of the caverns could be at risk. The U.S. could face shortages and price increases if the releases continue. Venezuela could help, but not fully replace the SPR.
Is the US “little piggy” breaking? The crisis draining oil reserves and the risk for Trump!
In January 2023, Steve Scalise criticized Biden for removing oil from the U.S. Strategic Petroleum Reserves. The SPR hits its lowest level in 40 years, with fewer than 300 million barrels. The decline is due to releases driven by conflicts such as Ukraine and Iran. Without a set minimum level, the integrity of the caverns could be at risk. The U.S. could face shortages and price increases if the releases continue. Venezuela could help, but not fully replace the SPR.
