Posted on 04/03/2024 10:03:16 AM PDT by bitt
The Biden Regime canceled its plan to refill the Strategic Petroleum Reserve because oil is “way too expensive.”
Biden drained the U.S. Strategic Petroleum Reserve to its lowest level in 40 years.
Now, the Biden administration is CANCELLING their plans to refill it because oil is "way too expensive." pic.twitter.com/NYqEZ2Aosa
— RNC Research (@RNCResearch) April 3, 2024
This comes as gas prices are once again skyrocketing.
Recall that Biden drained the SPR to its lowest level in 40 years.
Biden sold the U.S. Strategic Petroleum Reserves (SPR) to Europe, India and China.
Joe Biden depleted the SPR to help China.
Bloomberg reported:
The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices.
The Energy Department said it was “keeping the taxpayer’s interest at the forefront” in its decision not to purchase as many as 3 million barrels of oil for a Strategic Petroleum Reserve site in Louisiana. The plan for the barrels to be delivered in August and September had been announced in mid-March.
In October 2022 Joe Biden absurdly claimed he would be refilling the oil reserve at $70 a barrel to make money.
“By selling from the [oil reserve] at the higher price of $90 earlier this year and then re-filling it in the future at a lower price around $70 will actually make money,” Biden previously said.
A few years ago the Democrats blocked President Trump from filling the Strategic Oil Reserves at $24 per barrel.
The Democrats cost the US BILLIONS in potential profits.
To add to the scandal, Energy Secretary Jennifer Granholm secretly consulted with CCP energy officials before Joe Biden released barrels of oil from the US Strategic Petroleum Reserve (SPR) in 2021.
“Secretary Granholm’s multiple closed-door meetings with a CCP-connected energy official raise serious questions about the level of Chinese influence on the Biden administration’s energy agenda,” APT Executive Director Caitlin Sutherland told Fox News.
The Department of Energy (DOE) downplayed the Biden Regime’s consultation with CCP officials and said the meeting was a part of the agency’s effort to ‘combat climate change.’
“Solving the climate crisis means engaging with competitors and allies in clear and substantive discussions — especially among the nations emitting the most carbon pollution into the atmosphere,” a DOE spox told Fox News. “We must all address the transnational challenge of climate change to our planet.”
The Biden crime family has received $31 million from companies tied to the Chinese Communist Party’s Ministry for State Security. The only explanation for the Biden Regime’s treasonous actions in wartime is that they are “intentionally trying to harm the United States”, said Tucker Carlson. “If that’s not an indictable offense, it’s certainly an impeachable one.”
Sleep well, America.
Drill some holes and fill it from that ,LOL
America can no longer “afford” Joe Biden and his merry band of queer flying monkeys.... Anyone that supports/votes for these communist, back-stabbing RATs is a traitor to the USA.
I guess he’s hoping that ships and planes will run on solar by the time we get into a war.
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A few years ago the Democrats blocked President Trump from filling the Strategic Oil Reserves at $24 per barrel.
The Democrats cost the US BILLIONS in potential profits.
To add to the scandal, Energy Secretary Jennifer Granholm secretly consulted with CCP energy officials before Joe Biden released barrels of oil from the US Strategic Petroleum Reserve (SPR) in 2021.
Bidenomics.
“”I can’t help but feel that we are being setup to be invaded. Not just the 3rd world invasion happening, but a legitimate invasion.””
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The chicoms may not want us yet but they really appreciate the inability of the US to stop any invasion they want to execute.
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Not just the 3rd world invasion happening, but a legitimate invasion.
*****
This country/land has been invaded every since Columbus
sailed the Ocean Blue in 1492. The invaders rounded up
the natives and put them on reservations and went to a
land called AFRICA and brought in their natives to do the
grunt labor, both male/female.
We are governed by evil idiots, starting with Biden.
He’s setting us up.
This will lead to shortages and sky-high prices. That is the intention. He wants the country to suffer miserably for using oil. Then he’ll announce that he’s shutting down refineries and outlawing natural gas.
This will make us miserable. And that is the desired effect.
Your intuition serves you well.
We have already lost the war to China, because modern war is won in the factory, if you can't make weapons, you can't use them.
Our manufacturing base has been purposefully sent overseas, and it would take years or decades to bring them back.
And our traitorous elites are in the process of eliminating our global energy dominance, you can't run a factory without an abundant supply of refined petroleum products.
The "green energy" push is designed to eliminate domestic production and refining of petroleum, without a vibrant peacetime market, a wartime petroleum supply chain cannot be maintained.
Refineries take years to build and must constantly be maintained.
Without oil and refineries, you can't win a war.
This is your gov’t...on sex and drugs...and facism.
The answer is on the way, and the enemies of America should be very very worried.
“I can’t help but feel that we are being setup to be invaded.”
That’s my thought as well. Biden/Admin is doing everything it can to help an enemy out. Inside/Outside invaders just waiting for the dog whistle. It’s coming sooner than later.
Of course. They want things to descend into chao, cancel the elections, and have our friends in China send manpower over to help quell the civil unrest.
Yep - no fuel, no weapons or ammo, no food, no protection via law enforcement and UN sanctioned military aged savages given guns and free roam of our country.
The democratic party are the most incompetent bunch of Trans ever
Good, I hope we see $5.00/gallon on the east coast and $8/gallon on the west coast. Then the economy will tank right in time for the November election.
Then Trump can ask the question just like Reagan. Were you better off four years ago?
Then maybe the Independents/Soccer moms will finally wake up and vote to get rid of these Marxists.
If Nov 5th/ Jan 20th don’t get here quickly, we’re going to be too far gone to bring back...
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