Posted on 10/05/2022 10:45:26 AM PDT by conservative98
President Biden on Wednesday said he would release 10 million more barrels of oil from the U.S.’s Strategic Petroleum Reserve (SPR) in November in a move to counter raising gas prices again.
His decision was announced just hours after Organization of the Petroleum Exporting Countries (OPEC+) said it would be cut oil production by 2 million barrels a day.
The cuts will restore the oil market for top producers like Saudi Arabia and Russia but are also expected to drive up costs at the pump globally.
But Biden’s attempt to circumvent the spike in gases prices expected to hit the market in time for the midterm elections may not prove all that effective.
(Excerpt) Read more at foxbusiness.com ...
Shhhhhhhhhhh! “They” don’t deal in facts.
You nailed it. It's all about surviving the November election. If the Dems can somehow hang on to power in November, it can go to $10 a gallon in December and at that point it won't matter anymore.
We need to strategically release Biden, before it’s too late.
Freaking communist moron!
The Bastardies in DC and MSM are morons.
So, that’s about half a day of US consumption…
Corn Pop admin is Desperate to keep gas prices down
Like we’re not going to notice what happens by Dec…
Since biden and blinken are promising to keep Germany supplied
Up to the last drop, I suppose. Then what?
USA Superpower...
No oil...
No armaments...
No money...
What could go wrong?
Food prices going up? Biden’s going to sell the country’s seed corn.
What a corrupt lowlife.
10 million barrels at 1 million per day covers 10 days.
Election day November 8
Nothing political about this....
I keep hearing over and over, 2 million, but that doesnt mean much to me without knowing the total output of oil a day. Percentage wise what is the cut in worldwide production?
I’m shocked that there is any left in there. I thought he sold it all to China and Europe and pocketed the money for himself and Hunter
and when it’s empty???
Correct.......then biden will decide to go to war and wonder why there is no fuel for the military.
How many of you agree that the American people are being set up to be immobilized in order to make it easier for us to be conquered by the ruling elite communist cabal in DC?
Yeah, so we are weakening our oil reserves to try and save the criminal democrats in the mid terms and to bring Joes poll numbers back to 39% approval, right?
POWER
It sounds like Jose Puerto Rico doesn’t trust the polls either. ROTFLMAO. Jose can you see, the tsunami comin’?
What a slimy, greasy move right in time for the election.
Why not release 100 million barrels ? Why stop at 10 million?
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