Biden Sent 5 Million Barrels of Emergency Oil Reserves to Europe and Asia

(Mary Dowling – Independent Sentinel) According to Reuters, more than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month.

This took place even as U.S. gasoline and diesel prices touched record highs.

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, drawing criticism from Amazon founder Jeff Bezos.  Biden is pretending the oil and gas companies are gouging when the problems are his policies. View article →

 

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