RE:EN focuses on energy stocks..."The largest release from strategic stockpiles in history is set to come to an end in just over two months. This coincides with an EU embargo on Russian oil imports and the use of EU tankers to transport Russian crude in early December, potentially impacting Russian production by up to 1MM Bbl/d."
In my mind, there is nothing to suggest that Biden is done with withdrawals. In fact I am inclined to believe just the opposite, given the price trends at the pump and the approaching 2024 date.
Max capacity of SPR is around 710 m bbls. Current holdings, as of Oct 21, 2022, are 401m. Plenty of room to maneuver. Uncle Sam is known to dump on the market without Dep Energy announcing beforehand.