Biden Plans To Lower Gas Prices By Trading Off National Security

I have touched on this before…

Not too long ago, I reported that Marjorie Taylor Greene filed articles of impeachment against Joe Biden for depleting our strategic oil reserves by selling them to China.

Greene claimed that oil reserve levels are half of what they were when President Trump left office—half!

Instead of relenting, the Biden White House is doubling down…Joe Biden has plans to deplete these strategic reserves even further…

In a desperate bid to lower the price of oil, and after being snubbed by Saudi Arabia, Joe Biden has proposed selling oil from the strategic reserves to bring down the price at the pump.

They’re doing this in an effort to influence the outcome of the 2022 midterms—the red wave that everyone knows is coming.

Not only will this fail to bring down prices in any meaningful sort of way, but it also represents a national security threat. Those reserves are supposed to be reserved for catastrophic situations—not electioneering.

Here’s what we currently know:

There’s an actual solution here that the Biden admin refuses to pursue: Unlock America’s energy potential!

Continuing to drain our strategic petroleum reserves threatens our national security.
https://t.co/Hg8X6SEPtv

— Senator Ted Cruz (@SenTedCruz) October 18, 2022

U.S. Strategic Petroleum Reserves at 408k barrels, a level which was last seen in May, 1984.

And after draining 33% of the Oil reserves in the last one year, Crude prices are still hovering around $90-100/bl. Point to think about.

Data last updated on 07th Oct, 2022.👇🏻#OOTT pic.twitter.com/VZtDZPFtWh

— Vaibhav Khandelwal (@vaibhavkh15) October 14, 2022

Newsmax provided more details on the plan:

The United States plans to release an additional 10 million to 15 million barrels of oil from the country’s emergency stockpile in a bid to balance markets and keep gasoline prices from climbing, a Bloomberg reporter tweeted late on Monday.

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July 2022 – "House Democrats voted against a GOP amendment Wednesday that would have prohibited the U.S. Department of Energy (DOE) from sending American strategic petroleum reserves to China."

Vote every Democrat out of office on November 8, 2022.https://t.co/bBMQrQ9OCb https://t.co/2rywkltI5i

— 𝙅𝙖𝙢𝙚𝙨𝙩𝙤𝙬𝙣 (@CifJamestown) October 10, 2022

Draining our “strategic oil reserves” in advance of the midterm elections is simultaneously an admission that the Inflation Reduction Act isn’t going to work AND a repudiation of the so-called “green” anti-fossil-fuel policies contained in that legislation. It’s also un-American. https://t.co/CqYWH22ePJ

— Thomas Massie (@RepThomasMassie) October 18, 2022

Reuters confirmed:

U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of Energy (DOE) data released on Monday.

The release from the Strategic Petroleum Reserve (SPR) in the week ended Sept. 9 was the steepest draw since May. It comprised of about 6.3 million barrels of sweet crude and around 2 million barrels of sour crude.