Why Biden Sent American Oil To China
michaelshellenberger.substack.com · 407 words · saved by 1 readers
Reuters reports that the U.S. sent 5 million barrels of oil to China, India, and Europe last month. Why?
President Joe Biden speaks at the White House on July 04, 2022. (Getty Images) For weeks, President Joe Biden has pointed to his release of oil from the Strategic Petroleum Reserve as proof that he is doing all he can to lower gasoline prices for Americans. The Strategic Petroleum Reserve is a stockpile of oil maintained by the United States Department of Energy, the largest of its kind in the world, held in underground tanks in Texas and Louisiana. On June 22, Biden said, “I know my Republican friends claim, we're not producing enough oil and I'm limiting oil production. Quite frankly,…
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