Here's Why Biden's Failure To Restock America's Oil Reserves Is A Mistake

By Daniel Walker | April 13, 2024

America's Oil Reserves

While the Biden administration aims to transition towards green alternatives, oil continues to be crucial for both the U.S. economy and global society. 
 

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NBC News

The availability of oil can significantly impact a nation's prosperity or lead to instability and poverty. 
 

85 per barrel

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NBC News

Recently, the administration decided to cancel plans to replenish the Strategic Petroleum Reserve due to the surge in crude oil prices reaching $85 per barrel.