Originally posted by: David Miller
The scumbag brain dead Biden sold off nearly 1/2 of America's oil reserve prior to the election to keep oil prices down - currently America's oil reserves sit at 351 million barrels, well short of the 727 million barrels the oil reserves once held. Replenishing America's oil reserves is another reason to drill and produce more oil. Biden sold off nearly half the U.S. oil reserve -- Biden’s administration sold off more than 40 percent of the Strategic Petroleum Reserve last year to help limit rising fuel prices after Russia invaded Ukraine, leaving the stockpile at its lowest levels since the early 1980s. That’s fueling Republican accusations that Biden has left the U.S. vulnerable to a disruption of global oil supplies — at a time when Hamas’ terrorist attacks in Israel are stoking fears of a wider regional war disrupting fuel shipments from the Middle East. -- “That’s Joe Biden’s fault for trying to lower the price of gas before the election,” House Natural Resources Chair Bruce Westerman (R-Ark.) told POLITICO. -- In fact, the reserve still holds 351 million barrels — equivalent to nearly 56 days of total U.S. oil imports last year — though well below the peak of 727 million barrels it held during the Obama administration. - https://www.politico.com/news/2023/10/16/biden-oil-reserve-fuels-00121298
Horseshit. We don't need the Strategic Reserve any more. It was created when we had much lower domestic production when we do now.
We don't depend on global oil supplies. The article you cut and paste--did you even read it? The Reserve, it says, still holds 56 days' worth of US oil imports--so if global supply was cut off, we'd have two months' worth in the reserve to buy time to boost domestic production.
You're bitch-whining about nothing.
