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BREAKING: After Draining Strategic Petroleum Reserve to Lowest Level in 40 Years, Biden CANCELS Plan to Refill it Because Oil is “Way Too Expensive”
https://www.thegatewaypundit.com ^ | 4/3/2024 | cristina laila

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.


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: arrestbiden; biden; bidenadm; bidenomics; ccp; china; chinaownsbiden; crookedjoe; demagogicparty; economicsabotage; ecoterrorism; ecoterrorists; energy; fjb; globalwarminghoax; greennewdeal; islamofascism; islamofascists; koranimals; putin; putin4biden; reserve; russia; sovietunion; spr; strategicpetroleum; treason; ussr; waronamerica; xi
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To: SunkenCiv

Lowering the price sure worked. Totally worth it./sarc


61 posted on 04/03/2024 11:49:48 AM PDT by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: bitt

More actions to weaken our military. They could never fight a war without fuel.


62 posted on 04/03/2024 12:19:51 PM PDT by Revel
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To: Danie_2023

Agreed, and I don’t know if Americans will ever wake up.


63 posted on 04/03/2024 12:48:05 PM PDT by ducttape45 (Proverbs 14:34, "Righteousness exalteth a nation: but sin is a reproach to any people.")
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To: bitt

No communist country could have planed it any better.


64 posted on 04/03/2024 1:33:39 PM PDT by Vaduz
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To: bitt

Would Biden do anything different if he wanted to destroy the US because he was an enemy agent?


65 posted on 04/03/2024 1:35:59 PM PDT by gitmo (If your biography doesn't match your theology, what good is it?)
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To: bitt
Biden: Worst. President. Ever.

66 posted on 04/03/2024 1:51:21 PM PDT by GOPJ
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To: GOPJ

Something is brewing and he(or his ruling puppeteers) is being a traitor!
Time to recognize that fact!


67 posted on 04/03/2024 1:53:46 PM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging thmige world into war to hide their crimes!)
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To: Danie_2023

A lot of us are awake and many have courage...but we are not organized and cognizant enough yet to know which sticking place that we should be screwing our courage to!


68 posted on 04/03/2024 1:56:48 PM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging thmige world into war to hide their crimes!)
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To: mdmathis6

“A lot of us are awake and many have courage...but we are not organized and cognizant enough yet to know which sticking place that we should be screwing our courage to!”

We seem to be lacking the level of organization that the left (the evil) has had probably from the very beginning. We are at a disadvantage re: that. But... I truly believe that good triumphs over evil in the end. The downside is... we all may have to wait until the literal ‘end’ to see or enjoy that victory.


69 posted on 04/03/2024 2:05:18 PM PDT by Danie_2023
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To: bitt

They’ll have us buying oil from Iran and Russia before they’re through.


70 posted on 04/03/2024 2:08:07 PM PDT by Bullish (...And just like that, I was dropped from the ping-list)
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To: Danie_2023
When, if ever, will Americans wake up?

I guess we'll have to hit rock bottom before people are going realize what party screwed them.

71 posted on 04/03/2024 2:09:47 PM PDT by Bullish (...And just like that, I was dropped from the ping-list)
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To: CatOwner

I think most people have no clue where those cars are headed—they likely don’t even know there are box cars. The least clued in are the well educated stupid people in liberal cities.


72 posted on 04/03/2024 2:48:15 PM PDT by vivenne (⁹)
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To: CatOwner

I think most people have no clue where those cars are headed—they likely don’t even know there are box cars. The least clued in are the well educated stupid people in liberal cities.


73 posted on 04/03/2024 2:48:46 PM PDT by vivenne (⁹)
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To: Bullish

“I guess we’ll have to hit rock bottom before people are going realize what party screwed them.”

It is no longer about party. It’s about ideology. The GOP has not represented my anti-leftist ideology for decades... and especially for the past two decades.


74 posted on 04/03/2024 3:26:52 PM PDT by Danie_2023
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To: mdmathis6

You’re right - this much destruction to our security and culture isn’t a mistake - it’s intentional


75 posted on 04/03/2024 7:45:59 PM PDT by GOPJ
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To: Bullish

What/when do you estimate we’ll hit the “rock bottom?”

Are we there yet?

What will be your “tipping point?”

Are we close?


76 posted on 04/03/2024 8:45:18 PM PDT by Taxman ((SAVE AMERICA! VOTE REPUBLICAN IN 2024! SAVE AMERICA!))
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To: Danie_2023

The LIEberal evil left has been working against America for generations!

They are being paid to destroy America!

AFAIK, there is no pro-America group being paid to destroy the LIEberal evil left. We are too busy working and raising our families and practicing good citizenship to conjure up ways to destroy the LIEberals!

LIEberal evil leftist ARE NOT GOOD CITIZENS, NOR DO THEY TRY TO BE!

AYN RAND CALLED THEM “THE DESTROYERS.”

AND, THAT IS PRECISELY WHAT THEY ARE ABOUT — DESTROYING AMERICA!


77 posted on 04/03/2024 8:52:46 PM PDT by Taxman ((SAVE AMERICA! VOTE REPUBLICAN IN 2024! SAVE AMERICA!))
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To: bitt; All
BidenComics
78 posted on 04/04/2024 4:43:15 AM PDT by Conservat1
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To: bitt

Probably not a bad idea to fill it when the per barrel price is low.


79 posted on 04/04/2024 6:00:45 AM PDT by WarANDPiece
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To: Taxman

“LIEberal evil leftist ARE NOT GOOD CITIZENS, NOR DO THEY TRY TO BE!”

I have a step-son that is a die-hard liberal (that I no longer see or talk to, thank God). He, like many of them apparently do, “thinks” that he is a good person that cares about other people and the country... while we on the right that vote GOP are the ones that are callous, uncaring and bad people. He buys into the “climate change” hoax and all of the other lies of the leftists. He calls himself a Christian (Catholic), yet has cheated on every relationship he has ever had and is OK with abortion. His mindset is the opposite of reality and the opposite of the truth. And yet he/they are convinced that they’re the good guys. It’s positively weird.

The only thing I can figure out is.. that Satan got his claws in them early on and has cemented and perfected his demonic control over their minds... because it only gets worse as they age. They get more stuck in their wrong-headed ideology.

I am happy to say that I have gotten even more “right-leaning” as I aged ...or rather, as I observed the radical leftists’ behavior over the past several decades.... so I’ll wear that die-hard right-wing label they put on me with pride and glee.


80 posted on 04/04/2024 10:28:21 AM PDT by Danie_2023
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