Donald Trump told Fox News last week that he will refill the Strategic Petroleum Reserves, which have been drained to dangerously low levels by the Biden Administration.
Trump said the Biden has been gambling with American security in order to try to force gasoline prices lower.
“[Biden is] using the strategic reserves, which is meant for military, which is meant for war, and very important things, he’s using it to try and keep gasoline prices down,” Trump said, referring to election-year politics. “We can’t allow that to happen. We don’t need energy from any other country. We have to fill up the strategic reserves again. It is the lowest number it has ever been.” he added.
When Biden took office, the nation had 638 million barrels of oil in reserve that were to be kept in storage in case of a national emergency. Biden drew the volume down to 346 million barrels for two years, and particularly leading up to the 2022 midterm elections, in an effort to drive down gas prices for Americans and increase the chances that Democrats would win their elections. He then started to rebuild it to its current level of 375 million barrels.
The reserves are still at the lowest level since they were. first filled after being established in the early 1980s and the levels are barely higher than last year, when Biden promised he would refill it. Although his administration has announced that it would purchase oil for the reserve, it has canceled most of those purchases.
The Strategic Petroleum Reserve is a federal government complex of four sites, each with with deep underground storage caverns created in salt domes along the Texas and Louisiana coasts. It was established to prevent another oil crisis, such as the one that occurred in the 1970s.
Rick Whitbeck, Alaska director for Power the Future, said, “It’s good to see someone running for president understand that energy security is national security. Our nation’s strategic petroleum reserves were never designed to be used as a political football. The Biden administration has done exactly that, manipulating them for political gain and votes, instead of for their designated reasons.”
Energy is on the ballot in November, Whitbeck said: “Let’s hope America makes the right choice, and we can return to energy dominance once again as a country.”
This is great! Now Kamala can promise to refill it, too!! 😀
I’m sure the puppet masters are writing Kamala‘s next cue cards with exactly this same claim
Good. Now make sure he has a House that will let him.
That’s odd because a few weeks ago Energy Secretary Jennifer Granholm said “This milestone is a proof point that when the Biden-Harris Administration makes and implements a plan, we deliver for the American people,” what milestone you might be asking yourselves. The one where they claimed “As promised, we have secured the 180 million barrels back to the Strategic Petroleum Reserve released in response to [Russian President Vladimir] Putin’s war in Ukraine – and we accomplished this while getting a good deal for taxpayers and maintaining the readiness of the world’s largest Strategic Petroleum Reserve,” but wait a minute if they didn’t do what they said they did and promised, then what did they actually do?
As it turns out, the Energy Department announced a 4.65 million barrel purchase, bringing the total purchased since the 2022 drawdown up to more than 40 million barrels. But isn’t 40 million barrels less than 180 million barrels, why yes it is. Instead of filling the reserve the administration has worked with Congress to cancel 140 million barrels in planned sales. So you can see that after having sold off 180 million barrels and purchasing 40 million barrels that by not selling 140 million more barrels they basically refilled the SPR already…what? Oh yeah, wait, don’t worry about the fact that the SPR is actually not refilled and is at the lowest levels since it was created and they haven’t refilled the SPR to the levels they claim.
This administration just continues to gaslight America and Americans at every opportunity.
And get Mexico to pay for it?
Nobody said that except you.
Just pointing out that Trump loves to make promises he can’t/won’t keep.
‘https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement
Electric cars are a thing of the past. Time to fill up with gasoline again. The wackos are in the rearview mirror, looking for a recharging station.
The US is at a dangerous level of energy supply with the looming WW3 Joe Tony Blinken and Jake Sullivan his “scary crew” are working on.
We are exporting oil. In other words we make more than we consume Removing oil when prices are high and replacing when price is low is strategic A red herring
Oh “Frank”..,
Using up strategic reserves after cancelling as much oil production and processing as possible and in response to increasing prices isn’t strategic at all. It’s stupid.
Electric cars are freaking awesome! I have one. It is a Nissan LEAF. And as a Gold miners daughter, I believe in responsible resource development and development of all kinds, not just gas and oil.
Alaska has room (duh) and the resources to elevate the United States global position of power.
Elevating the indigenous people through Tribal Casinos will raise the States revenue for all.
The fisheries tanks the states Revenue. Mining is subsidizing the fisheries.
Tourism needs to be bolstered and casinos will accomplish that.
“………Elevating the indigenous people through Tribal Casinos will raise the States revenue for all………”
A casino doesn’t increase revenue. It transfers it.
Interesting timing. OPEC just announced they are decreasing production for 2025 due to decreased forecasted demand (global recession) and the 4 largest domestic refineries just said they were going to simultaneously decrease production (national recession). Gulf oil is expected to fall below $75 a barrel by the end of 2024. Seems like a major recession has already been priced in.
I hope he has time to refill it.
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