Author Topic: Trump tries refilling critical fuel stockpile, but Biden’s drain may do lasting damage, experts say  (Read 314 times)

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Offline rangerrebew

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Trump tries refilling critical fuel stockpile, but Biden’s drain may do lasting damage, experts say

While former President Joe Biden wasn’t the first president to use the Strategic Petroleum Reserve for political reasons, he drained it more than any president before him. The frequent draws and refills may be threatening the structural integrity of the reserve, experts say.

 
By Kevin Killough
Published: March 12, 2025 10:57pm
 
During his inaugural address, President Donald Trump stated that he would “fill our strategic reserves up again right to the top.” It was one of the few policy goals that Trump promised but didn’t put into any of his many executive orders he signed since taking office. Instead, Trump's Energy Secretary Chris Wright plans to seek up to $20 billion from Congress to replenish the nation’s energy stockpile known as the Strategic Petroleum Reserve (SPR).
 l
Wright told Bloomberg News last week during a tour of a natural-gas export plant in Louisiana that the effort would take years, but it would result in the SPR going back to “just close to the top.”

While former President Joe Biden wasn’t the only president to use the petroleum reserve for political reasons, he drained it more than any president before him. The frequent draws and refills — the latest of which will be the largest refilling effort in its history — may be threatening the structural integrity of the reserve, experts say.

Ups and downs

https://justthenews.com/politics-policy/energy/trump-admin-begins-refilling-energy-stockpile-experts-say-bidens-drain-may
« Last Edit: March 13, 2025, 10:46:22 am by rangerrebew »
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline DefiantMassRINO

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Put a tariff on foreign energy imports, and use those funds to re-fill the SPR.

Also, Congress should pass a law requiring Congressional approval to make withdrawals from the SPR.

The SPR should not be subject to the whims of a lawless President, like Joe Biden, again.

C'mon Congress, put on your big boy pants.
"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview

Offline IsailedawayfromFR

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This feature of salt caverns deforming over time is endemic to their nature.

Fortunately. There are hundreds of other salt domes that could be used as replacement or added crude storage.

Bottomline: not a big deal at all
« Last Edit: March 13, 2025, 10:26:30 pm by IsailedawayfromFR »
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell