[SaxxonWoods]

The SPR isn’t meant for ongoing price control, it’s for damage control in case of a shortage of product due to war, etc. SPR was pretty full when oil hit $147 a barrel under Bush. He threatened to draw it down and oil went below $50. When the SPR is low it isn’t as much of a threat to countries trying to affect the price. In other news, Biden is still an idiot.

[Miami Rebel]

The expansion of oil production from shale thanks to new technology (which took place after 2008) makes it far easier to increase production rapidly should circumstances (i.e., price) warrant.

[Chgogal]

“ The SPR isn't meant for ongoing price control, it's for damage control in case of a shortage of product due to war, etc. SPR was pretty full when oil hit $147 a barrel under Bush. He threatened to draw it down and oil went below $50. When the SPR is low it isn't as much of a threat to countries trying to affect the price. In other news, Biden is still an idiot.”

A smart manager of the country's emergency asset takes advantage of low prices when opportunity strikes. Looks like Biden and certain Freepers would not be smart management of this country's assets.