Who's concerned about the huge draw down of the US oil reserves?

Trump is drawing down the US Oil Reserves to the levels that Biden did, there was a lot of concern from MAGA when that happened. Fox Business News is reporting on the dangers of the low levels, warning that Trump might hit Reagan-level lows.

This must be a concern for a lot of people.

US oil reserves drop towards Reagan-era lows, 'significant impact at the pump' coming, experts warn | Fox Business News

"We're raising alarm bells right now. We're at about 350 million barrels left in the Strategic Petroleum Reserve. You have to have about 20% of that left for it to be operational, for our system to operate, so we're getting to levels where we're starting to be concerned," Sommers said.

Boilerman predicted that the US would need the reserves in case of a war. Did he think that it would be because of a war started by Trump?

Boilerman

Mar 31, 2022
3:20pm

Block User

Then he went on to explain that we would need more US production and oil from our allies, Canada and Mexico. I'm sure he didn't foresee Trump turning our two closest neighbors against us. As well as the fact that US oil production has not skyrocketed as all of our MAGA friends expected

Boilerman

Mar 31, 2022
3:42pm

Block User

Hypocrisy is the dominant characteristic of the MAGA Cult.  Absolutely horrendous if Biden did it, quite intelligent if Trump did it.  Embarrassing really.  

There's been a pause in skyrocketing gas prices because the Turd has been bleeding the reserve. Biden did it because realistically, we don't need it--we can quickly ramp up domestic production AND imports from Canada and Mexico if there's any kind of crisis. Trump is doing it because he wants to tone down the backlash against his widdle war and all the disruptions he's caused.

The reserve won't solve the problem for long. The Turd is restarting his war. The ceasefire has been broken by both sides. Here we go again, with no end in sight.

The hypocrisy from the conservatives here at LVA flows from an unending well. They all got their panties in a knot when Biden tapped the reserves and now that that Trump has done the same thing not a peep out of any of them.

What we should be doing is restricting oil exports. But of course, Big Oil would rather sell gas to Europeans at ten bucks a gallon. And Big Oil goaded Trump to start this war.