April 28, 2024

CNBC: Biden Missed Chance to Refill SPR at Lower Rates After Draining It for Political Reasons

On Friday’s broadcast of CNBC’s “Squawk Box,” co-hosts Becky Quick and Joe Kernen reacted to news that the Biden administration wants to try to refill the Strategic Petroleum Reserve (SPR) at a price of $79 a barrel or less by noting that there was a time when the SPR could have been refilled at a lower

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