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The Times Australia

Biden taps the Strategic Petroleum Reserve – What is it? Where did it come from? And does the US still need it?

  • Written by: Scott L. Montgomery, Lecturer, Jackson School of International Studies, University of Washington
Biden taps the Strategic Petroleum Reserve – What is it? Where did it come from? And does the US still need it?The US Strategic Petroleum Reserve is the largest in the world. AP Photo/U.S. Department of Energy

President Joe Biden ordered a release of oil from its Strategic Petroleum Reserve on Nov. 23, 2021, as a part of a coordinated effort with five other countries to tamp down rising fuel prices. The U.S. plans to tap 50 million barrels of crude oil in...

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