FOX News: Biden to sell 26 million barrels more from the Strategic Petroleum Reserve
The Strategic Petroleum Reserve is currently at its lowest level since 1983
The Biden administration on Monday announced another sale of oil from the Energy Department's Strategic Petroleum Reserve (SPR), with 26 million barrels set to be delivered to the market from April 1 to June 30, which will take the number of barrels in the reserve to a new low dating back to 1983.
Unlike the largest-ever drawdown of the SPR that Biden announced in response to Russia's war in Ukraine, the latest release of 26 million barrels is in response to a requirement included in two laws enacted by Congress during the Obama administration under the Bipartisan Budget Act of 2015 and the Fixing America's Surface Transportation (FAST) Act.
The announcement comes ahead of a potential uptick in gas prices as the U.S. nears the summer driving season.
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WNU Editor: The Biden administration is trying to keep oil prices and the inflationary impacts that it can have as low as possible. Unfortunately, this is only a short term measure. The real solution is to expand domestic oil and gas production, but this is a policy that the Biden administration has all but discouraged since taking office.
Biden Administration To Sell 26 Million Barrels Of Oil From The U.S. Strategic Oil Reserve
US to Sell 26 Million More Barrels From Strategic Oil Reserve -- Bloomberg
U.S. to sell 26 mln bbls of oil reserves as mandated by Congress -- Reuters
US to move forward with scheduled 26M barrel sale from strategic oil reserve -- The Hill
Biden To Sell 26 Million Barrels From the Strategic Petroleum Reserve in Hopes of Preventing Summer Gas Surge -- Yahoo News
15 comments:
should be "all but forbidden."
An ounce of image is worth a pound of performance.
Enemies of the people.
mommy used to say: if you can';t say something nice about someone, then shut the fuck up
that is why Trump lost lost lost
The person pretending to be Fred Lapides (1 19) approves of no more drilling and depleting the Strategic Reserve.
Saying someone is "Enemies of the People" is not name calling, It is a statement of fact.
I could ask 1:19 to GTFU, but we all know that will never happen.
He lost because the fascist Dems stole the election via information suppression and fraud
Sad but 119 pm had 5 tells.
Is the point of depleting our munitions and energy reserves right before picking a fight with another superpower intended to leave us backed into a corner with no offramp except nuclear weapons?
I know that's what is happening, I'm asking if that is their explicit intent. Cui bono?
Joe Biden Refers to Democrat Wes Moore – Maryland’s First Black Governor as “Boy”
You can put a democrat in a suit and tie, but he is still a racist
Anonymous Anonymous said...
He lost because the fascist Dems stole the election via information suppression and fraud
February 15, 2023 at 1:53 PM
PROVE THAT! SAME OLD BULLSHIT WITH NO EVIDENCE. HOW MANY COURT CASES REFUTE THE NONSE YOU SPOUT?
BARR SAID IT WAS NOT TRUE
BUT ON AND ON YOU GO, A TRUE BELIEVER.
^^^ Pills must be working. He calmed down and refrained form using bold font.
^^^ah, the baby is back, stalker bloodsucker, bad mother.
He lost. He lost. who? Trump. prove otherwise.
Sir--
Mr. Trump not only lost the last election, he is not going to be the GOP presidential candidate in the forthcoming election. And, as is often said here, you can take that to the bank
^ Yes, but he still kicked Hillary's ass, the most embarassing loss in the history of presidential elections. Take that to the bank.
I was listening to the John Catsimatidis show on WABC. Catsimatidis always has both Republican and Democrat guests. Today he only had one Democrat instead of two. All guests are people of stature on the New York scene.
He said that Russia & Ukraine were Biden corruption scandals not Trump scandals. Biden the supposedly popular president will not be allowed by his party to run again.
So yes I find the following true:
"He lost because the fascist Dems stole the election via information suppression and fraud"
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