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The United States is looking to buy 1 million barrels of crude oil for the Strategic Petroleum Reserve.
Under Joe Biden, the United States sold hundreds of millions of barrels of oil from the reserve. The amount sold during his term was a record amount.
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The reserve only holds 409 million barrels of the 700 million barrel capacity.
The U.S. Department of Energy said Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks to take advantage of relatively low oil prices to help replenish the stockpile.
The previous administration of former President
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