Biden
Unbelievable! US Continues EXPORTING Record Levels Of Oil Reserves
Sometimes it is difficult to determine what are the motivations behind the actions taken by our government officials.
But when it comes to energy, the fact that the Biden administration would continue sending our oil reserves, which were purchased by the Trump administration at record low costs, and while Americans are paying record-high costs per gallon for months, there can only be one reason.
In my humble opinion, the Biden administration is advancing the zero-emissions agenda set forth by the global elite.
This includes working towards the 2030 sustainability goal included in the World Economic Forum’s, “The Great Reset, and U.N. Agenda 2030s published plan for “saving the planet”. This requires the U.S. to significantly reduce the nation’s use of fossil fuels and to incentivize Americans to stop using gas power vehicles.
This explains why more than 5 million barrels of oil were exported to Europe and Asia last month, despite record-high gas and diesel prices here in the good old USA. The less inventory in the USA, the higher the markets stay up, leading to long-term higher gasoline costs for consumers.
The news of the export to other nations was reported by Reuters a week ago and raised concern over the continued mismanagement of resources by the Biden Administration.
Oil exports from the U.S to reach an all-time high of 3.3m b/d in the current quarter as refinery disruptions and Strategic Petroleum Reserve releases increase available supplies, Rystad Energy says.
all that SPR oil going to China …..
great job @JoeBiden & @TheDemocrats
— GardinerIslandCapital (@GardinerIsland) June 27, 2022
Oil exports from USA to reach all-time high of 3.3m b/d in the current quarter as refinery disruptions and Strategic Petroleum Reserve releases increase available supplies, Rystad Energy says.
all that SPR oil going to China …..
great job @JoeBiden & @TheDemocrats
— GardinerIslandCapital (@GardinerIsland) June 27, 2022
The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices.
Biden on Saturday renewed a call for gasoline suppliers to cut their prices.
“Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now,”
My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.
Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.
— President Biden (@POTUS) July 2, 2022
Bezos and countless other Americans reacted to this Biden tweet from Saturday, “this is a time of war and global peril,” and demanded the companies lower gasoline prices, which have soared to about $5 a gallon in many parts of the country.
Here is Bezo’s reply:
Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics. https://t.co/XgKfEICZpk
— Jeff Bezos (@JeffBezos) July 3, 2022
This plan could backfire big time for the Democrats in less than 5 months.
Political polling is showing Americans, from all political parties, are considering voting the Democrats out of office in the mid-term elections, as retribution for their policies causing massive inflation.
I sure hope so, as we need a GOP-controlled Congress to put the brakes on compromised Biden’s anti-American agenda.
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