It looks as if the Biden regime is quietly dumping petroleum out of the strategic petroleum reserve.
JUST IN – U.S. reduces strategic petroleum reserve by 3.2M barrels, lowest deposit level since 2003: EIA
— Disclose.tv (@disclosetv) November 17, 2021
They claim there is nothing to say about the strategic petroleum reserve while they are dumping petroleum out of it.
*WHITE HOUSE: NOTHING TO ANNOUNCE ON STRATEGIC PETROLEUM RESERVE
— zerohedge (@zerohedge) November 17, 2021
As this Twitter user pointed out, this is just dumb.
The Strategic Petroleum Reserve is there in case of emergencies.
A stupid energy policy by @TheDemocrats that run up gas prices in less than a year after the previous President had us energy independent is not an emergency.
— Rob (@reg1776) November 17, 2021
It is only going to make things worse in the long term which is undoubtedly the point of the policy. There is not an unlimited supply of petroleum in the reserve.
On top of that, the Federal Trade Commission is investigating the oil and gas industry because of high prices that were caused by government policies.
Biden pushes FTC to crack down on oil companies, alleging industry conduct has pushed gas prices higher https://t.co/SsuXRnkJy9
— The Washington Post (@washingtonpost) November 17, 2021
It’s just continued insanity from this evil regime. They clearly want higher gas prices. The dumping of petroleum from the reserve is just to make people think they don’t actually want higher gas prices.
Don’t be surprised to see $10 for a gallon of regular gas at some point.