Topic
us-energy-department
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foxnews.comfinance14 days agoDeveloping
Trump Administration Pledges to Replace SPR Oil at 2-for-1 Ratio After Recent Withdrawals
Energy Secretary Chris Wright said the administration will add 1.2 barrels to the SPR for every barrel withdrawn during the current emergency drawdown. The SPR holds about 384 million barrels after a 30-million-barrel decline since late March 2026. Wright offered no timeline for…