RE:RE:Finally Biden is buying back oil Agreed, the minimal buybacks is for optics and the media only. If they really re-purchased what they sold WTI would spike along with pump prices. The whole point was to keep gasoline prices down and get Dems re-elected, they are not going to the reverse now. Also, they could never fund a large repurchase, most of the money from sales went into general revenue and it's gone. Previously mandated sales were allocated differently, but those funds are also gone. In short there is no money to fill the SPR and congress will not approve the funds. Like all politicians, look good today and screw over people years from now.