Biden Cancels Replenishment of Strategic Oil Reserves • Biden administration cancels plan to purchase millions of barrels of oil for the Strategic Petroleum Reserve (SPR). • Current SPR holds 363.6 million barrels, down 43% since January 2021. • Biden initially depleted SPR to counter high fuel prices. • The White House Press Secretary declined to comment. • Department of Energy says theyre "still committed" to refilling SPR. 19.6K views18:42