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Home » ​Biden’s Department Of Energy Short On Cash To Refill SPR At Low Prices – Tyler Durden

​Biden’s Department Of Energy Short On Cash To Refill SPR At Low Prices – Tyler Durden

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​Biden’s Department Of Energy Short On Cash To Refill SPR At Low Prices – Tyler Durden

Biden’s Department Of Energy Short On Cash To Refill SPR At Low Prices By Charles Kennedy of OilPrice.com The price of the U.S. WTI crude oil has finally stayed in the low $70s per barrel for a sustainable period of time, allowing the Biden Administration to ramp up the refill of the Strategic Petroleum Reserve (SPR), which it had said would do at prices of $79 a barrel or below. WTI Crude is now at $70 per barrel as of Tuesday morning, after spending days below that threshold. But the Energy Department has just $841 million left to buy crude…  — Continue at ZeroHedge News : Read More