Following the historic drawdown of America’s Strategic Petroleum Reserve by President Joe Biden in 2022, the process of refilling it continues with the Trump administration.
Energy Secretary Chris Wright said the process is not going as fast as hoped. He told CNBC in an interview segment the network posted that the process could take years. “We are refilling the reserve now, and we will continue to refill the reserve the whole time I’m in office.”
Wright criticized Biden for using the reserve to counter rising fuel prices. “You know, that was just such an irresponsible action to drain that reserve so quickly for electoral reasons.”
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