The Biden regime continues to drain the Strategic Petroleum Reserve as part of an effort to try and keep a lid on gas prices. Between this and some demand destruction, they have managed to bring down the price a little bit. Unfortunately, this is all temporary. They can’t keep draining the SPR forever.
Many people including myself believe that they will continue with this stupidity until the midterms
In the last week, the US had its largest draw down ever from the Strategic Petroleum Reserve… 8.4 million barrels…
I guess the midterms are getting closer… then what…? pic.twitter.com/0FqGJvsFJP
— Wall Street Silver (@WallStreetSilv) September 13, 2022
Inflation 8.3% with Biden draining our Strategic Petroleum Reserve (SPR) to get gas prices down. They are artificially driving down CPI.
Non food and energy core showing strong inflation. This report is a train wreck and the oil draining of the SPR ends during October. pic.twitter.com/Hun1hXU8Xd
— Wall Street Silver (@WallStreetSilv) September 13, 2022
The US Strategic Petroleum Reserve release is at the lowest level since October 1984.
— unusual_whales (@unusual_whales) September 17, 2022
Biden is going to drain the strategic petroleum reserve and then let gas prices skyrocket after the election.
We are governed by corrupt fools.
— thebradfordfile (@thebradfordfile) September 13, 2022
This reserve was meant for emergencies. It was not meant to be used as a means to manipulate prices for political reasons.
It’s all so dumb. The reserve will have to be refilled at some point and it will be refilled with much more expensive oil.
It’s also worth noting that Democrats blocked Donald Trump from filling the reserve when oil was $24 a barrel.
The Biden administration is considering replenishing the Strategic Petroleum Reserve when oil dips below $80 a barrel, just two years after Democrats blocked former President Trump from filling the reserve at a fraction of that price https://t.co/4SuMaagnFT
— Bloomberg (@business) September 14, 2022
Tucker Carlson reported that oil from this reserve is being sold to Chinese companies including one that has investment connections to Hunter Biden. He interviewed MTG about this.
Joe Biden is draining our Strategic Petroleum Reserve and selling it to our enemies.
On Monday, I’m introducing articles of impeachment to hold him accountable. #ImpeachBiden pic.twitter.com/Mnm18iYuSg
— Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG) September 17, 2022
Whatever is going on with all this, it is not good. It is actually a real problem from a national security standpoint.
