from the article...
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"The call for bids from companies will take place in fall 2022, and is intended to bolster the nation's reserves for future years. President Biden announced earlier this year the U.S. would release 1 million barrels a day from the reserve to help alleviate gas prices. "
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I think the Biden admin is aware of what's going on and what needs to be done for the future.
Link: https://www.cbsnews.com/news/strategic-petroleum-reserve-biden-administration-replenish/
"Biden administration launches plans to replenish Strategic Petroleum Reserve, May 5, 2022"...
Replies to: ""Biden administration launches plans to replenish Strategic Petroleum Reserve, May 5, 2022"..."
- Another cheerful chart on the economic outlook. [LINK]
- Iggle - 8:01pm 6/29/22
(11) [View All]
- He's done it several times already and replaced it with higher priced oil each time. [NT] - BaronVonZemo - 10:59pm 6/29/22
- "Biden administration launches plans to replenish Strategic Petroleum Reserve, May 5, 2022"... [LINK]
- TyroneIrish - 9:07pm 6/29/22
- Very reassuring - Iggle - 9:32pm 6/29/22
- Let us know what's missing here...frankly, it looks to me like he's addressing your concern...true? [NT]
- TyroneIrish - 10:25pm 6/29/22
- Where is he going to buy oil to refill it in the fall, Tyrone? - Iggle - 6:44am 6/30/22
- Our Strategic Oil Reserve is not going to run dry by the time refilling starts...unless you have - TyroneIrish - 4:07pm 6/30/22
- in the long run prices will higher [NT] - Hank the Tank - 12:27am 6/30/22
- Where is he going to buy oil to refill it in the fall, Tyrone? - Iggle - 6:44am 6/30/22
- Been a rough few days. - Stark Raving Dad - 10:22pm 6/29/22
- Taking a non-credit Creative Writing course are you now...good for you. [NT]
- TyroneIrish - 10:26pm 6/29/22
- I hope something good happens for you too Ty. It must be hard right now. [NT] - Stark Raving Dad - 10:29pm 6/29/22
- Taking a non-credit Creative Writing course are you now...good for you. [NT]
- TyroneIrish - 10:26pm 6/29/22
- Let us know what's missing here...frankly, it looks to me like he's addressing your concern...true? [NT]
- TyroneIrish - 10:25pm 6/29/22
- Very reassuring - Iggle - 9:32pm 6/29/22
- i am selling every spike. the worsr has yet to come. consumers are eating through the bbb - WestCoastIrishFan - 8:19pm 6/29/22