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Friday, September 15, 2023

Biden Gleeful Oil At $90/Barrel

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The Biden Schizophrenic Oil Policy has resulted in increasing fuel prices, reduced supply and the rape of our Strategic Emergency Oil Stockpiles and the PravdaMedia stands mute – move along folks – nothing to see here!
Biden team joyful at high fuel prices hoping it drives US to EV’s, however, watch for emergency down-pricing just for the election.
Too bad they already drained-down our ‘rainy-day oil’.
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WSJ: Fuel Prices Are Soaring.
Oil Prices Are Soaring: Who Is Feeling the Pinch? - WSJ
Brent crude above $90 a barrel. Higher gasoline prices accounted for more than half of August’s 0.6% increase in U.S. goods and services prices from July, according to Labor Department data released Wednesday.
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CNN: Energy Secretary vows to refill emergency oil stockpile — but warns that won’t happen before a second Biden term
Energy Secretary vows to refill emergency oil stockpile — but warns that won't happen before a second Biden term | CNN Business
America’s emergency oil stockpiles have plunged to 40-year lows under President Joe Biden as US officials have sought to cushion consumers from high gas prices.
In an interview with CNN Tuesday, Energy Secretary Jennifer Granholm vowed to refill the depleted Strategic Petroleum Reserve, a staggering task given that the rainy-day fund has shrunk by nearly 300 million barrels since Biden took office.
The reserve held 346.8 million barrels of oil as of the week ending July 7 according to federal data. That’s the smallest amount since August 1983 and down by 291.3 million since Biden took office in January 2021.
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Why Are The Democrats Dumping Our ‘Rainy Day Oil'?
http://roanokeslant.blogspot.com/2023/02/why-are-democrats-dumping-our-rainy-day.html
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Joe Biden The Extortionist
http://roanokeslant.blogspot.com/2022/10/joe-biden-extortionist.html
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