President Joe Biden and his administration will seek to gaslight Americans about any topic. Biden’s latest campaign to mislead actually comes from the Energy Department and focuses on gas.
The conservative website Twitchy.com highlighted on Friday a recent post on X, formerly Twitter, that showed how far Biden has depleted the nation’s Strategic Petroleum Reserve.
The SPR, around since the 1970s, is supposed to be the nation’s insurance policy against sudden shocks in oil supplies and gasoline prices.
As the Tampa Free Press has periodically reported in recent months, Biden has drained the SPR to its lowest levels in 40 years in an effort to reduce prices at the pump that skyrocketed because of his green energy policies and efforts to hamstring Big Oil.
The RNC posted a graph from the Energy Department that showed the SPR could supply the nation with 17 days of oil, which was less than half of the 40 days the reserve could handle before Biden began releasing it for a naked political maneuver to deflect criticism of his own green-energy moves.
In the news: Florida Governor’s “DeSantis Airlines” Pulls Off Another Mission, This Time Out Of Israel
That conflicted sharply with what Energy Secretary Jennifer Granholm had said as recently as July. “We have, by far, enough to be able to deal with any emergencies over the next couple of years,” she told CNN.
The problem for Biden and the rest of America is that last month, Saudi Arabia announced it was cutting its output. Since then, Hamas viciously attacked Israelis, and many are calling for a reprisal against Iran, which bankrolls the terrorist network, by hitting Iranian oil refineries.
The good news, as such, is that it would take a massive international incident before Biden could tap the SPR again.
“At this point, US energy policy has fewer bullets left. It has less levers left in its policy toolkit,” Daan Struyven, the head oil industry researcher at Goldman Sachs, recently told CNN.
“Because the level of the SPR is quite low, you would need a larger shock to energy prices or to supply to start releasing barrels again,” Struyven. “The hurdle to exercise the insurance policy is bigger when you have less insurance left.”
Android Users, Click To Download The Free Press App And Never Miss A Story. Follow Us On Facebook and Twitter. Signup for our free newsletter.
We can’t do this without your help; visit our GiveSendGo page and donate any dollar amount; every penny helps