Tag: US energy security

Refilling Nation’s Depleted Petroleum Reserves Not Happening Overnight: Biden Official

The Biden administration remains undecided about replenishing the nation’s strategic petroleum reserves (SPR) even as oil prices have fallen to favorable levels and resources are at multi-decade lows. Last year, the Biden administration sold 180 million barrels of oil from the SPR. In January 2021, when Biden became president, America’s SPR reserves stood at 638…


House GOP: Fix ‘Critical Mineral’ Shortage

The Biden administration’s “rush-to-green energy policies” designed to create a “net-zero carbon power sector” by 2035 are causing economic upheaval and making the United States reliant on imported minerals and products, including from China, several witnesses warned during nearly 10 hours of hearings before House committees Feb. 7-9 in Washington. While “promising utopia,” critics say…