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White House Won't Say How Long Biden Will Keep Depleting the Strategic Petroleum Reserve
Townhall ^ | 06/15/2022 | Katie Pavlich

Posted on 06/15/2022 8:29:06 PM PDT by SeekAndFind

White House Press Secretary Karine Jean Pierre handed over the daily briefing to National Security Council Coordinator for Strategic Communications John Kirby Wednesday afternoon. Kirby was asked by Fox News correspondent Peter Doocy how long President Joe Biden can deplete the Strategic Petroleum Reserve before it becomes a national security problem. Kirby claimed he didn't know the current inventory and passed the question off to Biden's energy advisors.

DOOCY: "How much lower can we let the strategic petroleum reserves get before that becomes a problem?"

Kirby doesn't give a firm answer. pic.twitter.com/MfNXn5jREf— Townhall.com (@townhallcom) June 15, 2022

President Joe Biden has tapped into the Strategic Petroleum Reserve a number of times, claiming doing so would decrease prices at the pump. As a result, the reserve is at its lowest levels since 1987 and gas prices hit $5 per gallon on average late last week. 

"The amount of crude oil in the U.S. Strategic Petroleum Reserve (SPR) dropped by 5 million barrels in the week to May 13, data from the U.S. Department of Energy showed. Stockpiles in the Strategic Petroleum Reserve (SPR) fell to 538 million barrels, the lowest since 1987," Reuters reported in May. 

During his visit with reporters, Kirby also praised the Saudi government for their "leadership" on oil production as gas prices across the country barrel towards a $6 per gallon average.

DOOCY: "How is it that you guys have determined that it's in the US national security interest to ask Saudi Arabia to drill more oil instead of just letting oil companies drill more here in the US?"

KIRBY: "The oil production issue is a global issue." pic.twitter.com/B0nlSXsViX— Townhall.com (@townhallcom) June 15, 2022

Meanwhile, after cutting off millions of acres for drilling and infusing vast uncertainty into the industry by ripping away the Keystone XL pipeline, the White House is calling oil companies unpatriotic for not "doing more" to bring down prices. 



TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: nationalsecurity; oil; petroleum; reserve
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1 posted on 06/15/2022 8:29:06 PM PDT by SeekAndFind
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To: SeekAndFind

Buy-Dung is following the example of his Veep in getting down on his knees and......


2 posted on 06/15/2022 8:31:06 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: SeekAndFind

Well, we do know, that previous releases have not caused gas prices to go down. So why does anyone believe that it will happen now?


3 posted on 06/15/2022 8:31:59 PM PDT by Dilbert San Diego
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To: SeekAndFind

How’s our electrical reserve doing?


4 posted on 06/15/2022 8:39:13 PM PDT by Paladin2
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To: SeekAndFind

Our national security is being depleted.


5 posted on 06/15/2022 8:43:07 PM PDT by Republican Wildcat
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To: SeekAndFind

Wait until a hurricane hits the gulf coast


6 posted on 06/15/2022 8:48:08 PM PDT by stuck_in_new_orleans
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To: Dilbert San Diego

They don’t. IMO they are deliberately using this situation as an excuse to deplete the reserve to a dangerous level for the purpose of damaging US national security in the type of emergency for which the reserve was intended.

Yes, they are grossly incompetent, but in this instance malice is the cause.


7 posted on 06/15/2022 8:48:12 PM PDT by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: SeekAndFind

and how much goes to the eurotrash?


8 posted on 06/15/2022 8:51:21 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: SeekAndFind

I can answer this:

Until it is all gone.


9 posted on 06/15/2022 8:54:29 PM PDT by Revel
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To: SeekAndFind

Biden will continue to take oil out of the Reserve until it is empty and then he will refuse to re-fill it.

Any bets?


10 posted on 06/15/2022 9:05:31 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Revel

And after it’s gone, he will refuse to re-fill it.


11 posted on 06/15/2022 9:06:20 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: SeekAndFind

This is what happens when you put a potato in charge of the country.


12 posted on 06/15/2022 9:43:17 PM PDT by hillarys cankles
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To: Dilbert San Diego

The reserve is good for about two days consumption. BTW, how is this jerk going to fill it up?


13 posted on 06/15/2022 10:22:07 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: All

Until it is all gone.

And MOST of it is actually going to Europe.

(after the ‘big guy’ gets his 10%.)


14 posted on 06/15/2022 10:31:59 PM PDT by LegendHasIt
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To: SeekAndFind

I wouldn’t expect much from them. They want to lower CO emissions in the US to 2.4 in 8 years. We are currently around 14 now. Buckle up. These people are insane.

Fuel and Meat are what they consider the 2 biggest offenders.

https://hotorcool.org/wp-content/uploads/2021/10/Hot_or_Cool_1_5_lifestyles_EXECUTIVE_SUMMARY.pdf


15 posted on 06/15/2022 10:47:03 PM PDT by HollyB
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To: SeekAndFind

The simple answer is...till it’s gone.
Then they will investigate the oil companies
for price gouging.


16 posted on 06/16/2022 12:17:11 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: SeekAndFind

Until it is empty. That’s the end goal.


17 posted on 06/16/2022 2:23:41 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Revel

Wondering how much oil currently remains?


18 posted on 06/16/2022 3:48:34 AM PDT by snoringbear (,W,E.oGovernment is the Pimp, )
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To: SeekAndFind

Until it’s empty.


19 posted on 06/16/2022 5:10:38 AM PDT by grobdriver (The CDC can KMA!)
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To: Spktyr

Indeed Xi and Putin much happy Biden helping Putin make millions to keep his war going that Biden blames him for gas prices.


20 posted on 06/16/2022 8:57:11 AM PDT by Vaduz ( )
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