Joe Biden is set to announce another release of more oil from the Strategic Petroleum Reserve ahead of the midterms in an effort to (artificially) bring gas prices down.
“The White House will release 10 million to 15 million barrels from the reserve as part of an existing plan, announced in March, to release 180 million barrels of crude oil into the market throughout the year, according to two industry people granted anonymity to discuss confidential discussions with the administration. There are about 15 million barrels remaining in the original release authorized by the White House.” Politico reported.
Biden doesn’t care about the suffering under his Regime’s authoritarian rule.
This is merely a political ploy ahead the midterms to help Democrats hold on to the House and Senate.
Bloomberg News reporter Jennifer Jacobs on Tuesday asked White House Press Secretary Karine Jean-Pierre why Joe Biden is announcing another release of oil before the midterms.
“Can you explain why…you mentioned that gas prices are going down again so why would the U.S. need another SPR release from that 180 million barrels that you already announced? Why would you need that now if [gas] prices are already dropping?” Jennifer Jacobs asked KJP.
Karine Jean-Pierre said Joe Biden is doing everything to address “Putin’s price hike.”
VIDEO:
Bloomberg’s @JenniferJJacobs: “Why would the U.S. need another SPR release from that 180 million barrels…you already announced? Why would you need that now if [gas] prices are already dropping?”
KJP says Biden’s “committed to doing everything…to address Putin’s price hike” pic.twitter.com/vGLiUy99fn
— Curtis Houck (@CurtisHouck) October 18, 2022
The Bloomberg reporter followed up with: “Any response to those who would say or criticizing the White House saying it seems like a ploy ahead of the midterms?”
KJP: “Look…Should the president not do everything that he can to lower prices? Should he not continue to keep his promise to give American people breathing room?”
VIDEO:
Bloomberg’s @JenniferJJacobs: “Any response to those…criticizing the WH saying it seems like a ploy ahead of the midterms?
KJP: “Look…Should [Biden] not do everything that he can to lower prices? Should he not…keep his promise to give American people…breathing room?” pic.twitter.com/rFLAX3CJMu
— Curtis Houck (@CurtisHouck) October 18, 2022
After waging a war on domestic energy production, Joe Biden is now draining the Strategic Petroleum Reserve.
Biden released millions of barrels in these reserves but the beneficiaries were Asian countries and Europe.
Last month Bloomberg reported Joe Biden wants to fill the Strategic Reserves with $80 per barrel oil.
Just two 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, Bloomberg News reported.
Joe Biden and the Democrats destroy everything they touch.
Videos courtesy of NewsBusters
The post Bloomberg Reporter Calls Biden Out for Releasing More Oil From Strategic Petroleum Reserve as ‘Ploy’ Ahead of Midterms (VIDEO) appeared first on The Gateway Pundit.
