> Biden authorized the release of a million barrels a day from April onwards. <
The stupidity of this move aside, no president should have the power to do something like this on his own. If Biden wanted to release that oil, he first should have to go before Congress, and get permission.
We do not live in a monarchy. Well, on second thought maybe we do.
What is amazing is that these releases are scheduled to end in October, right before the midterms, so prices will spike back up before people go to vote.
It looks like Biden is waiting to drop the federal gas tax until August, so it can continue for 3 months past election day. The original plan was July, August and September for the tax holiday....also leading to a spike in prices right before the election.
I cannot believe these people are that politically stupid. Something else is afoot.