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Reply to "Biden releasing spr is shortsighted and disappointing leadership "
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[quote=Anonymous][quote=Anonymous]Selfish stunt that puts long term position at risk for short term political gain. Totally Trumpian. Shame on President Biden. [/quote] This take doesn’t really align with reality. The total release is less than 10% of the SPR. About a third of what’s being released was already planned for release, they’re just moving up the release date a little. He other 2/3s are being distributed to producers via swaps that will require those producers to repay the barrels to the SPR over the next three years.[/quote]
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