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Biden Sends U.S. Oil Where?

by Market FinancePosted onJuly 5, 2022July 5, 2022

Biden is intentionally screwing us over now.

Gasoline prices are finally starting to come down and now President Biden goes and does this.

According to Reuters, It has now been learned that the Biden Administration decided to send over 5 million barrels of oil that was taken from the U.S. emergency oil reserves to Europe and Asia even though it’s very evident that the United States needs the oil badly.

What’s even worse is that this decision to export the oil to Europe and Asia is ruining what little Biden did do help lower gas prices initially.

U.S. oil refiner, Phillips 66, has shipped a whopping 470,000 barrels of sour crude from the U.S. oil reserves to Trieste, Italy.

Atlantic Trading & Marketing (ATMI) also exported 2 cargoes of 560,000 barrels each.

After being reached out to about the decision to send the oil overseas both Phillips 66 and Atlantic Trading & Marketing declined to comment about it to news sources.

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