hodgetwins
According to Fact checkers: Social media posts say President Joe Biden's administration is sending millions of barrels from the US Strategic Petroleum Reserve (SPR) to other countries, implying that this contributes to higher prices for American consumers. This is misleading; industry analysts note that different types of crude oil from the reserve are sold to meet the demands of specific refineries and regions, and that the release eases price pressures regardless of where the oil is consumed.
According to Fact checkers: Social media posts say President Joe Biden's administration is sending millions of barrels from the US Strategic Petroleum Reserve (SPR) to other countries, implying that this contributes to higher prices for American consumers. This is misleading; industry analysts note that different types of crude oil from the reserve are sold to meet the demands of specific refineries and regions, and that the release eases price pressures regardless of where the oil is consumed.