If now wasn't the time to use the strategic oil reserve when exactly was? Now that oil is much cheaper it can be re-filled for significantly less than the contents were sold for, netting a large profit while also serving its purpose.
the strategic reserve is for times of national defense. As long as it's lowered, we are more vulnerable to expanding threats from Russia and China, with potential disruptions to supply lines.
Otherwise, it's good for our oil prices to fluctuate with the market, things cost what they cost.
The strategic reserve is so we have ready access to oil at any price; it's not big enough to buffer very much of world market consumption.
[edit] Pretty sure it was this episode. [1]
[1] https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?...