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Chris Wright: “We are releasing reserves from our Strategic Petroleum…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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Strait of Hormuz will be flowing in the 'not-too-distant future,' Energy secretary says

Published | Video Starts at 02:09

No, absolutely. We did tap into the Strategic Petroleum Reserve, and we are releasing oil today. That's what I was saying with 30 other nations. We are releasing reserves from our Strategic Petroleum reserve and from 30 other nations around the world. But unlike the Biden administration that did it for political purposes, they sold the oil and permanently reduced the oil stored in the spr. We were trading barrels. (02:09–02:16)

CLAIM

Asserts that oil reserves are being released from both the US Strategic Petroleum Reserve and reserves of 30 other nations.

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