Biden Siphoning America’s Strategic Petroleum Reserve

The Biden regime’s sabotaging of America’s energy independence it had under President Donald Trump has caused fuel prices to skyrocket. So, Biden is selling off the American people’s oil (including to China) from the United States Strategic Petroleum Reserve, oil reserved for national emergencies, not political “emergencies,” to lower the gas prices—a little. Then, after refusing to accept blame for prices rising, Biden takes credit for prices “dropping.”

As headlined at Legal Insurrection, “Biden Draining Strategic Petroleum Reserve, Intended For National Emergency, Trying To Salvage Midterms.” There’s no argument this is happening.

The Epoch Times reported, “The U.S. Strategic Petroleum Reserve (SPR) has declined to its lowest level in 38 years, according to the latest data from the Energy Information Administration (EIA).” 

The Times also reported Biden wants to keep siphoning off America’s energy insurance policy, thinking about keeping the spigot on, though “market analysts note that the administration is unlikely to do so if West Texas Intermediate (WTI) futures, the U.S. benchmark, maintain their downward trend.” 

LI predicts when gas prices soar again, Biden and his media allies will once again assure Americans he has “no control over gas prices.”  

 

 

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