OPEC+ Cuts Or Not, White House Wants To Refill SPR

The United States is still planning on replenishing the nation’s crude oil emergency stockpiles when the price of oil goes down, White House energy advisor Amos Hochstein said on Thursday. The White House energy advisor’s comments come as a million barrels of crude oil continue to leave the nation’s Strategic Petroleum Reserves every day—and as OPEC+ prepares to slash its production in November, sending prices higher. The White House made the decision in March to release a million barrels of crude oil per day from the nation’s…