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Biden is draining the strategic oil reserve and sending part of it to China

SFGbobSFGbob Member Posts: 33,037
edited July 2022 in Tug Tavern
Something else for the Dazzler to oppose but vote for anyway.

HOUSTON, July 5 (Reuters) - More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.

The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.
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