
The Biden Administration Is In No Rush To Refill The SPR
The Biden administration will not rush into refilling the strategic petroleum reserve but rather take things one day at a time, the White House’s Special Presidential Coordinator for Global Infrastructure and Energy Security, Amos Hochstein, has said as quoted by Bloomberg. “We’ve seen a decline in oil prices, we’re seeing some crunch there,” Hochstein told Bloomberg TV in an interview. “We should take a deep breath and wait and see how this crisis right now impacts the oil and gas industry, production and what…
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