GOP Lawmakers Question Biden’s Depletion of Oil Reserves As China ‘Rapidly Strengthens Energy Ties’ With Russia

[pipedreams]

"“As you are aware, the Biden administration recently announced the largest SPR [Strategic Petroleum Reserve] drawdown in history, with plans to release up to 260 million barrels of crude oil from the SPR from October 2021 through October 2022,” the lawmakers wrote.

They noted that the ongoing drawdown has had few tangible benefits, with average U.S. gas prices now at a record $4.60 per gallon."

"The lawmakers requested answers from the DOE to a number of these questions in their letter, including: what has been the effect of recent SPR releases on U.S. gas prices; how many barrels of SPR crude oil has the U.S. exports to foreign powers, and which are the top buyers of SPR crude oil; and what plans are in place to refill SPR and NEHHOR.

The lawmakers also demanded to know what impact Beijing’s refusal to act in lockstep with the U.S. release of 50 million barrels from SPR reserves has had on the impact of the coordinated release envisioned by the Biden administration."

https://www.theepochtimes.com/gop-lawmakers-question-bidens-depletion-of-oil-reserves-as-china-rapidly-strengthens-energy-ties-with-russia_4508393.html?est=xjTl2pVUkUsO1hO8%2BFhC01bHb3oeypbYaeLRPF3ZdxxIhpeIiaI9Q8D8ZSc3MmcA9adezZxltS9Q

[janice6]

Absolute incompetent screw up everything and claims to not know how it happened.  Remember this at election time!

[Walt Longmire]

"I don't know how that happened." says the guy that made it happen.

[miketx]

Fill the gallows with politcians.

[minervadoe]

Biden was a moron before he went senile.  Now, he's a complete joke.

The emergency reserve is for emergencies, and now it has been used up in a vain attempt to boost Biden's popularity.  WTF will we do it there is a real emergency? 

moron  môr′ŏn″

noun

1. A person who is considered foolish or stupid.
2. A person of mild mental retardation having a mental age of from 7 to 12 years and generally having communication and social skills enabling some degree of academic or vocational education. The term belongs to a classification system no longer in use and is now considered offensive.
3. A variety of salamander.