Biden Taps the Strategic Petroleum Reserve

November/25/2021 9:05AM
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Biden announces he will tap the reserve to lower gasoline prices. Here’s some education to help out this in perspective.

As energy prices became a hot issue in the 2000 U.S. presidential campaign, then-vice president and candidate Al Gore urged Clinton to use the government’s stockpiles after crude prices in New York hit a 10-year high of more than $37 a barrel. The next day, on Sept. 22, Clinton released 30 million barrels from the Strategic Petroleum Reserve, helping bring prices down to little more than $30 in about a week, but two weeks later they were back at $36. 

That reserve is there for emergency reasons.

Example, as Biden eliminates fossil fuel production in this country it’s to defend us if the Chinese come calling. Hard to fight a war with solar and wind.

This is for political reasons only. And, it’s bad judgment like every decision Biden makes.

If you buy this you have to believe a kid pissing in the ocean will cause global warming. You are beyond naive.

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Comment (1)

  1. Doug Gordon says:

    Well we have the answer: price down nationally by average = 2 cents

    If only any of these clowns knew anything about economics and our national economy.

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