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.
I am sorry for your loss, Danie, and I don’t know how to respond. Fortunately, both of my children (Daughter is 56, Son is 54) grew up to be honest, productive, conservative citizens.
HST, I know plenty of people their age who espouse and live the LIEberal LIE.
Maybe the Fickle Finger of Fate will rise up and smack some sense into the lad before he totally goes off the deep end?
Wish I could do/say more!
“Maybe the Fickle Finger of Fate will rise up and smack some sense into the lad before he totally goes off the deep end?”
I no longer have contact with him, so I won’t know how he fares (which is preferable). Long story, he ... like a typical leftie, handled his father’s funeral wishes as he wanted, not as his father wanted. And that... I don’t think I can forgive.
There are some things in life that cannot be forgotten nor forgiven!
I hope the lad comes to his senses and sorts himself out. Sad to contemplate a wasted life!
Unless it was common back then to loot a neighbor's farm field at midnight, that was a terrible choice of farm equipment, much more trouble than it was worth.
Who were the natives and how did the Native Africans become
a people used by the newcomers to do a lot of the manual labor
both male and female. And what happened in the mid 1800s? A
civil war was fought to free the Africans from slavery.
History is out there for events that changed this land. It's still
changing as time moves on. Look at the new comers that are
arriving in large numbers today. At the rate they are arriving
they will be making changes to how this land will be governed.
Recent History and Precedent re treason charges.
The last time anyone was executed for treason in the U.S. was back in 1953.
In that case, Julius and Ethel Rosenberg were convicted of passing nuclear secrets to the Soviet Union during the Cold War and executed in the electric chair.
Do Treason Charges Really Carry the Death Penalty?
Yet his lickspittle BLS keeps on lying and lying about all the prices (including gas) going down. He doesn’t want to refill the reserves because the money he does have for it is reserved for Fuhrer Zelenskyy..
America’s second dictator is WAY to expensive!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.