They are adding to the reserve. It's not instantaneous
by gregmorrissey (2024-03-24 13:54:16)

In reply to: A lot wrong here IMO  posted by DBCooper

Cannot Reply Return to Political

I posted on this a few weeks ago when the same claim was made. The administration is replenishing the reserves and will likely have a net positive affect for the Treasury (sold higher than it cost to replace) depending on whether prices don't spike over the next year or so. My understanding is there are physical limitations on how much oil can be pushed back into the SPR.

Reuter's article from January

DOE release from February





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