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Biden Gives Up, Declares Emergency

by Market FinancePosted onMay 23, 2022May 23, 2022

Biden is in over his head.

President Joe Biden has put the United States in such bad shape that he is now considering tapping into America’s emergency diesel reserve to bring down fuel prices which have now become unaffordable.

According to Fox News, White House officials have already prepared an emergency declaration that would give Biden the ability to release diesel which is stored in the Northeast Home Heating Oil Reserve in order to lower gas prices.

It’s important to remember that while standard gasoline is important, Diesel fuel is much more important because it used a number of companies and workers including farmers and shippers.

The national average cost of diesel fuel in America is currently $5.54. However in places such as the Northeast portion of the United States, prices have reached $6.51 per gallon which is over a 100% increase compared to last year.

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