Tipsheet

President Trump Orders Department of Energy to Fill SPR with American-Made Oil

President Trump took another bold and decisive move during the Wuhan coronavirus epidemic, where the American energy sector is concerned. The Department of Energy announced that by the order of President Trump, the DOE will fill the Strategic Petroleum Reserve (SPR) to maximum capacity by acquiring 77 million barrels of American-made crude oil.

The hope is to prevent oil-related economic disturbances, and to support American workers burdened by Saudi Arabia and Russia, as House Minority Leader Kevin McCarthy (R-CA) pointed out:

This order directly benefits American oil workers, and shows economic solidarity from President Trump during a global health crisis.