It’s unbelievable if it’s true, but US President Joe Biden is shipping US oil reserves to other countries, which apparently includes Communist China, Breitbart reports.
Yes, President Biden has:
- Shut down oil pipelines in America;
- Stopped the search for new oil and gas in the US;
- Hindered the development of new gas refineries;
- Driven gas prices to $5 a gallon; and
- Pushed his green agenda to the detriment of Americans.
He is now selling off America’s oil reserves to other countries.
Breitbart reports:
Because he hates Americans, President Joe Biden is shipping much-needed American oil to foreign countries, including… China.
The whole idea of the Strategic Petroleum Reserve (SPR), which is owned by the U.S. government, specifically the U.S. Department of Energy, is to hold on to about 700 million barrels of oil in the event of an emergency or disruption.
Yahoo News adds this tidbit:
HOUSTON (Reuters) -More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs. […]
About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR) through October. The flow is draining the SPR, which last month fell to the lowest since 1986. U.S. crude futures are above $100 per barrel and gasoline and diesel prices above $5 a gallon in one-fifth of the nation. U.S. officials have said oil prices could be higher if the SPR had not been tapped.
If President Biden is really concerned about gas prices, all he needs to do to alleviate the problems is reverse his decisions on pipelines, allow oil and gas discovery in the US and allow the construction of more gas refineries.
READ: Nolte: Joe Biden Ships U.S. Oil Reserves to Foreign Countries AND Oil from U.S. reserves sent overseas as gasoline prices stay high
BIDEN PROMISES MORE HELP FOR COMMUNIST CHINA: Biden could soon lift tariffs on China in bid to tackle inflation: report
The United States has a Strategic Petroleum Reserve (SPR). The whole idea of the Strategic Petroleum Reserve (SPR), which is owned by the U.S. government, specifically the U.S. Department of Energy, is to hold on to about 700 million barrels of oil in the event of an emergency or disruption.
It’s unbelievable but US President Joe Biden is shipping US oil reserves, form our SPR to other countries, which includes Communist China. Because he hates Americans, President Joe Biden is shipping much-needed American oil to foreign countries, including… China. More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.
President Biden says oil prices have increased because of Putin’s War in Ukraine but that is an outright lie. The price of oil increased 45% before the War, due to Biden’s unhinged policies.
President Biden has:
Shut down oil pipelines in America;
Stopped the search for new oil and gas in the US;
Hindered the development of new gas refineries;
Driven gas prices to $7 a gallon; and
Pushed his green agenda to the detriment of Americans.
If President Biden is really concerned about gas prices, all he needs to do to alleviate the problems is reverse his decisions on pipelines, allow oil and gas discovery in the US, allow the construction of more gas refineries and follow President Trump’s effective energy policies.
By selling off our strategic oil reserves to our enemy Communist China, while Americans are suffering from high prices is an impeachable offense, in my considered opinion.
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