The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, the Energy Department’s No. 2 official said Monday.
US Strategic Oil Reserve Refill Is Limited Despite Low Prices
Tag: Gulf Coast
Massive US Oil Caverns Sit Empty and Will Take Years to Refill
![](https://thechaoscat.com/wp-content/uploads/2023/07/img_7155.jpg?w=1024)
Massive US Oil Caverns Sit Empty and Will Take Years to Refill
- Nation’s oil reserve is at 40-year-low after historic drawdown
- Experts say refilling will take decades, if it happens at all
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