On July 29, multiple news outlets reported that the Biden Administration has replenished the 180 million barrels of oil it removed from the Strategic Petroleum Reserve. One headline read “U.S. Restores SPR to pre-2022 Levels.” An article in The Hill reported: “The Biden administration says it has replenished the 180 million barrels of oil it withdrew from the nation’s Strategic Petroleum Reserve in response to high prices following Russia’s invasion of Ukraine.” It is absolutely false that the SPR has been replenished.…
