Biden sell oil $90 & buy $70, Dems blocked $24; Q: SPR release to help Democrats in the midterms?


On 10/19/2022, Joe Biden announced the release of 15 million barrels of oil from the US Strategic Petroleum Reserve. Biden is artificially reducing the price of gas while he drains the SPR. Biden also claimed he will be refilling the oil reserve at $70 a barrel to make money. “By selling from the [oil reserve] at the higher price of $90 earlier this year and then re-filling it in the future at a lower price around $70 will actually make money,” said Biden. Just two years ago the Democrats blocked President Trump from filling the Strategic Oil Reserves at $24 per barrel.

A reporter asked Biden, “What is your response to Republicans who say you are only doing this SPR release to help Democrats in the midterms?” A visibly irritated Biden responded, “Where have they been the last four months? That’s my response!” Another reporter followed up with a similar question. “Is it politically motivated, sir” This release before the midterms?” a reporter asked Biden. Biden was so annoyed by the question: “No it’s not! Look, it makes sense! I’ve been doing this how long know?”

Biden today said, “My administration has not stopped or slowed oil production.” However in 2020 Biden said that “No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill. Period.”

BIDEN said, “The choices made by other countries are affecting the price of gas here at home.” Nothing from Biden on unleashing American energy, though. “I have been doing everything in my power to reduce gas prices”, Biden said.
“I come from a family if the price of gasoline went up at the gas station we felt it,” says Biden. Gas prices were flat during Biden’s childhood.

Joe Biden Shuffles To Podium At His Own Speech, Asks “Ready, Get Set, Go?”.

https://facebook.com/HygoNewsUSA/videos/2012763198916252
Biden sell oil $90 & buy $70, Dems blocked $24; Q: SPR release to help Democrats in the midterms?
Biden not stopped or slowed oil production, Biden 2020: No more drilling.

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