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Biden to Announce Release of 10-15 Million More Barrels from Emergency Oil Reserves Before Midterm Elections


Zephyr One/Zero
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https://www.breitbart.com/politics/2022/10/18/joe-biden-oil-reserves-22370018/

 

"Biden plans to release even more barrels of oil from the federal government’s strategic reserves to keep gas prices low before the midterm elections.

Bloomberg News reports that the Biden administration plans to release another ten million to 15 million barrels of oil from the Strategic Petroleum Reserve.

Biden’s latest decision marks more than 200 million barrels set for release in less than two years as president, more than all previous presidents combined according to the Wall Street Journal.

The oil reserves are currently at the lowest level since 1984.

Despite Biden’s historic oil releases to bring down the cost of gasoline, the OPEC+ nations announced their decision in October to cut oil production by two million barrels a day."

 

"Biden recently campaigned in California where gas prices are nearly seven dollars a gallon.

When asked about prices approaching seven dollars a gallon in the state, Biden replied, “Well, that’s always been the case here.”

Despite gas prices rising again, Biden continues taking credit for gas prices declining from record highs in the Summer.

“[A] lot of it is the result of getting the cost of living at the gas pump down by more — now even in California now — by more than a dollar nationally and — since the start of summer,” he said during a speech on Americans suffering from higher costs."

 

What a vile, bum this Biden is.

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And not one significant word from the leadership of the so-called "Opposition Party" codeming Biden and his Administration for threatening the National Security of the USA, or reminding every voter that 99.99 % of Democrats in the House and Senate have voted for Biden's Agenda and fully supported Biden's dozens of Executive Orders which stopped America from remaining energy independent, endless deficit spending, and a refusal to secure the border ? ! ?

 

What is the real problem here ?

 

The Republican Party has merged with the Democratic Party in order to guarantee the destruction of our Republic and our freedoms as we have known them, and solidify themselves and their cronies as an untouchable Ruling Class, destroying the largest middle  class ever created in the History of world economics. These Marxist policies are turning The People into poor government serfs dependent on the Ruling Class for their survival. 

 

The Federal Government is broken.  The first step is to slash the size and influence of the Federal Government, and return power back to the States as originally intended. That way we have more direct influence on our elected officials, and it is easier to demand and obtain transparency, and also deliver consequences to those State Officials who fail to abide by the word and intention their State Constitutions, as well as the USC. 

 

You may think that the National Democratic Party is Evil, and you would be correct. 

The National Republican Party is just as Evil, if not as radical. The de facto single Party rule we have now is a danger. Both Parties want continued growth in size and power.  

 

 

Edited by Retcop
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Trump wanted to fill the Oil Reserves when prices were low. Congress nixed that plan. Now Biden is emptying it. I wonder what it will cost to bring the levels back up to what they were before Biden's releases? I suppose if we're all radioactive or ashes it won't matter. If things keep going this way mother earth will be reset or devoid of life. Being in a position of power while having dementia. Never thought I'd live to see the day. :realmad::wulf:

 

Less than 1 day's consumption. OPEC is reducing the supply by 2 million BPD. :screwloose:

 

https://www.eia.gov/tools/faqs/faq.php?id=33&t=6#:~:text=In 2021%2C the United States,7.26 billion barrels of petroleum.

 

"In 2021, the United States consumed an average of about 19.89 million barrels of petroleum per dayIn 2021, the United States consumed an average of about 19.89 million barrels of petroleum per day..."

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Brandon killed the Keystone Pipeline on day one of his installation, and stopped issuing permits to oil companies, but now says he is doing everything in his power to drop fuel prices "Because Putin"?

In less than 2 years, O’Biden and his enablers have made America a weak country, destroyed our military, and ruined our relationships with China, Russia, and Saudi Arabia. Our relationship with these nations has always been based on our strength. The WEF must be celebrating.

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