Schumer Calls On Biden To Release Oil Reserves And End Oil Production
Senate Majority Leader Chuck Schumer called on President Biden to make use of emergency petroleum reserves in an effort to lower gas prices ahead of the holiday season.
Schumer then added that once the oil reserves were released it was time to end oil production in the US — to hell with them.
Yesterday I posted Biden Begs China To Open Their Oil Reserves During Phone Call
The South China Morning Post reports that President Biden asked President Xi, during their virtual meeting overnight, to release China’s oil reserves as part of an economic cooperation pact.
Later that day, this headline: ForexLive:
U.S. reduces strategic petroleum reserve by 3.2M barrels, lowest deposit level since 2003: EIA
- US reduces stocks and strategic petroleum reserve by 3.2 million barrels
- The reserves are now at the lowest level since June 2003
Yesterday the acting head of the EIA said that any release from the US strategic petroleum reserve (SPR) would have only short-lived impact on oil markets.
I have absolutely no doubt that they are trying to destroy America. I also know there’s no cost too high to protect and preserve our way of life for future generations.