As Americans struggle with record-high gasoline and diesel prices, the Biden administration is tapping the United States’ strategic reserves and sending oil overseas.
A former DOE official has gone on record calling the release of the nation’s emergency oil reserves illegal.
nypost.com
timcast.com
I can only imagine you guys are unaware that America exports millions of barrels of domestic production every single day? All that shale oil they've been drilling for the part 5-7 years just gets exported to other countries
Republicans are all attacking Biden for drawing down the strategic petroleum reserve... But they all actually voted in various bills to mandate the sales from the SPR down to the target level by 2028, including the TCJA.
The plan from 2018 and there was one more additional drawdown bill after:
eia.gov
"Assuming no other legislation over this period, the SPR could decline from 695 million barrels at the start of 2017 to about 410 million barrels at the start of 2028.
And trump even proposed it in 2017
washingtonpost.com
We’ve known this, how do we stop the president from doing this? Idk
shootings unironically
So Biden doesn't have a plan and just expects to tap into reserves eh? Just nationalize the fucking oil companies and make more oil.
caught?
nigga alex jones has mentioned this for weeks lmao
It's the political oil reserve chud, President Biden can do as he damn pleases with it.
That was back when are reserves and production was immensely higher. Right now our reserves are low, and our production is low.
Oil was 50$ a barrel in 2017 you tranny retard
How is this not illegal?
Top kek and big oil shills keep coping on the price gouging and this is exactly why. Our leaders are just giving it to Europe and rebuying the reserve. Then they claim the government doesn't control oil prices top keke!
Share Blue Bot
why did i know this weeks ago?
im not even joking
One of the few times I'll give Joe a pass.
There is a world market for oil. Rising prices reflect supply and demand. Supply from the Neosoviets is gone so prices goes up. Europe needs a stiff spine to stand up to the bear and if we get them a few extra barrels to get through the winter, well ... okay ... if it keeps the Eurowimps in line.
Stop burning coal and get an electric bike if the allowance you get from Mom is not enough to cover $5.50 a gallon.
us production is not low. its very high. not as high as 2019 but still very high. reserves are iffy.
Uh, no that is not true. The current production is 15% higher then when that article was written.
And as far as "reserves" "immensely" it seems irrelevant since they voted to sell more then Biden is intending to
spr.doe.gov
Current level is 492 million (link is inventory) and they are so far selling less then he said he would
I am convinced the Biden administration is intentionally trying to destroy the country. The Democrats literally want mass-starvation and economic collapse before the elections.
Infowars.com
>Tomorrows news today
Actually it was in the news weeks ago
>Oil was 50$ a barrel in 2017 you tranny retard
Is there some relevance to this post?
this.
Impeach this Bastard and start the trial for Treason.!
He has the support of the American people, he is the most popular president in the us history.
Joe CUT the SUPPLY and DEMAND slowly INCREASED when people started commuting back to work
The Ukraine is Russia so there's no need for any of it. Always has been. If they weren't so fucking stupid they wouldn't be punished. Although we all know the oil is getting there anyways, its just going through other channels. The worldwide demand is simply too high for oil. Nobody can keep up production to meet it. We will see rising prices no matter what, unless we get hit by a comet. And then when the shale oil peaks out, we will all fall off of a production cliff. might be 5 years, may be ten. Hell, it may even be starting right now.
>Coping intesfies
The US economy is going to collapse within a year and when the welfare shekels have dried up or hyperinflate to trash tier the old eastern bloc is just going to negotiate with Russia. That's just on economics. It's not like Russia is demanding them to be gay and have nigger parliamentary or something to that effect like zogmerica.
At least he wasn't giving it to Israel
This
More black votes than Obama
the sheer media matters retardation permeating this thread is laughable, run back to fischbein for a new script