Despite claims of replenishment, the Strategic Petroleum Reserve (SPR) remains significantly below pre-Biden levels. The DOE's statements create a misleading impression by including barrels not yet ...

WASHINGTON, Nov 8 (Reuters) - The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling a record amount from the facility in 2022 to ...

The Department of Energy rejected a bid for 3 million barrels to refill the SPR last week. Crude quality complicates the problem of refilling the SPR. The U.S. Department of Energy may not have ...

FIRST ON FOX: Republican leaders on the Senate Energy and Natural Resources Committee, led by Ranking Member John Barrasso, R-Wyo., introduced companion bills of House legislation targeting President ...

The Energy Department on Tuesday announced it will buy up to 3 million barrels of oil to begin replenishing the Strategic Petroleum Reserve (SPR) after drawing out stores amid energy crunches last ...

The Department of Energy (DOE) on Friday revealed the names of the entities that won bids to purchase the latest oil released from the Strategic Petroleum Reserve by President Biden. The 10.15 million ...