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Keyword: residentdepends

Aging caverns imperil Trump push to refill petroleum reserve

12/31/2025 7:05:01 AM PST · by delta7 · 29 replies
Eenews ^ | 25 June 25 | Shelby Webb

Maintenance problems affecting the Strategic Petroleum Reserve are in the spotlight after oil releases under former President Joe Biden. President Donald Trump pledged to replenish the nation’s Strategic Petroleum Reserve after the Biden administration sold nearly 200 million barrels of its stock — but that won’t be as simple as buying more oil. Energy Secretary Chris Wright told the House Energy and Commerce Subcommittee on Energy this week that SPR drawdowns under former President Joe Biden resulted in structural damage to facilities. More than $100 million of repairs are needed to bring the storage facilities back to full capacity, Wright...

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