Biden Sent 5 Million Barrels of Emergency Oil Reserves to Europe and Asia

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According to Reuters, more than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month.

We don’t have much in the way reserves and this isn’t what politicians should be doing.

METER SKID AT WEEKS ISLAND.

This took place even as U.S. gasoline and diesel prices touched record highs.

The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices.

Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.  Biden is pretending the oil and gas companies are gouging when the problems are his policies.

About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR) through October. The flow is draining the SPR, which last month fell to the lowest since 1986.

This isn’t what it’s supposed to be used for! They are for EMERGENCIES like wartime.

U.S. crude futures are above $105 per barrel and gasoline and diesel prices above $5 a gallon in one-fifth of the nation, AAA reports. U.S. officials have said oil prices could be higher if the SPR had not been tapped.

In other words, Biden hasn’t done one damn thing to lower prices that is meaningful.


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Joy Behar
Joy Behar
4 months ago

Is any of this oil being replenished?

1969Bird
1969Bird
4 months ago

Biden said this is a time of war in speech, Exactly who are Americans at war with?
Trump purchased those SPR at all time low. What happens next. We all know.
We, Americans are now at war with our elected officials. All of them are on the table. You know, zero tolerance, same as work

Wittske
Wittske
4 months ago

Hunter made millions, possibly billions in the oil and gas field. Maybe he could help, with hurricane season approaching and all…..

MAJ
MAJ
4 months ago

Those reserves are supposed to be used only if we are at war. Without those reserves, we are sitting ducks for the enemy. This has been done on purpose. Josef Stalin Biden is setting America up to be defenseless when his real boss, China comes to invade. He is PURPOSELY destroying our economy, our military, our energy, food supply and plotting to take our guns away, all to make us weak and easily destroyed by the enemy. This is TREASON, 100%, and beyond any shadow of a doubt.
Why are WE not marching into D.C., dragging him out of our White House and putting him on trial???

Last edited 4 months ago by MAJ
Anonymous
Anonymous
4 months ago
Reply to  MAJ

And why are OUR ELECTED REPUBLICAN OFFICIALS so deafeningly silent about everything the Biden Cabal is doing? Why are they not screaming from the rooftops everywhere about everything? Why do they only cower in the corners and say and DO nothing? When is the last time you’ve heard from any one of them?

Their silence can only be interpreted as tactic approval.

LetsGoBrandon
LetsGoBrandon
4 months ago

Gee what a shock, Corrupt Joe Biden screwing the American people and nation.