US Replenishes Emergency Oil Reserves Depleted by Joe Biden at $80/Barrel, up from $24/Barrel during Trump Admin We Said May 16, 2023 U.S. to Purchase 3 Million Barrels of Oil at $80/Barrel to Replenish Emergency Oil Reserves Depleted by Joe Biden – After Democrats Blocked Trump from Purchasing $24/Barrel Oil 3 Years Ago They Said Consensus US to buy 3 million barrels to refill emergency oil reserve