The Biden regime decided to dump oil from the strategic petroleum reserve in a ridiculous attempt to lower gas prices. The reserve is now at historically low levels. In fact, it hasn’t been this low since the 1980s.
COLUMN: The US can’t use its Strategic Petroleum Reserve forever: it’s a finite stockpile fighting a potentially unlimited flow shortage
More worryingly, it’s depleting its oil cache a lot faster than even the chart below looks
My @opinion column: https://t.co/KXtdfl5oDv #OOTT pic.twitter.com/He9NiXQU9x
— Javier Blas (@JavierBlas) June 17, 2022
When they made this announcement, I said this was stupid and would do nothing to help with high gas prices. It was just a waste of oil from a reserve that was meant to be used in only the most extreme of emergencies.
Even though I am someone who has been called a conspiracy theorist, a racist, a Nazi, a WHITE supremacist and other inaccurate names, I seem to be more right than I am wrong.
Maybe people should start taking people like myself and others like me more seriously. The fact that people do not is a testament to how stupid people are.