Joe Biden Shipping U.S. Oil Reserves Overseas While Americans Struggle With High Gas Prices

Americans are deeply concerned about the rapidly rising cost of gas. It keeps coming up as one of the top issues for voters in poll after poll.

What is Joe Biden Doing? He is sending our oil reserves to other countries.

He won’t let us pump for oil here and he is giving away our reserves. This is insanity.

Reuters reports:

Oil from U.S. reserves sent overseas as gasoline prices stay high

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.

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The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.

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.

This is just unacceptable.

Trending: Rep. Steve Scalise Details The Investigations The New GOP Controlled House Will Undertake

Shouldn’t this be an impeachable offense?

 

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