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America’s Oil Reserves Empty

by Market FinancePosted onNovember 3, 2022November 3, 2022

President Biden keeps losing.

Thanks to President Joe Biden, the United States oil reserves have been drained down to its lowest level since 1984 and Democrats have nothing to say.

According to Newsmax, in October President Biden said that he was going to release 15 million barrels of oil from the Strategic Petroleum Reserve simply to lower gas prices before the midterm elections.

Republicans warned President Biden and said that it was a “dangerous’ decision to do so however Biden did it anyway.

Republican Senator Marco Rubio responded to the news of the reserves being at its lowest level since 1984 and said, “Well, he’s doing it to lower gas prices because he’s afraid of the impact. And unfortunately, what’s happened now is our strategic reserve is at its lowest level, I believe since 1982 or ’83. We have a strategic reserve for war, for in case of drastic emergency. It doesn’t exist to bail out the president’s party in an election year.”

Since Biden took office the reserves have been depleted from 638 million barrels of oil to just 400 million. Thats 238 million barrels of oil that Biden has wasted. What’s worse is the reserves are about to get much lower.

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