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VisitAdditional purchases for SPR announced by end of 2024?
Yes • 50%
No • 50%
U.S. Department of Energy announcements
Biden Announces Purchase of 3 Million Barrels for Strategic Petroleum Reserve
Jun 3, 2024, 07:13 PM
President Biden has announced the purchase of 3 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve. The U.S. Department of Energy’s Office of Petroleum Reserves has awarded contracts for this acquisition. This move aims to stabilize fuel prices and enhance energy security.
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Less than $2 billion • 25%
$2 billion to $3 billion • 25%
$3 billion to $4 billion • 25%
More than $4 billion • 25%
No significant measures • 33%
Oppositional measures passed • 33%
Supportive measures passed • 33%
Decrease by more than 5% • 33%
Increase by more than 5% • 33%
Stay within +/- 5% • 33%