Joe Biden is shipping our emergency oil reserves to Europe, and it may be illegal since there is no severe energy supply disruption. Biden said he was releasing a historic amount of crude oil each day to lower the gas prices. However, it is going to Europe instead.
Biden has refused for months to take necessary action to increase American energy production. Now, the administration is further depleting America’s strategic reserves and sending that oil to Europe, Rep. Clay Higgins wrote on Twitter.
The U.S. Department of Energy has announced the sale of 30 million barrels of oil from the Strategic Petroleum Reserve (SPR). This is a reserve meant for emergencies and wartime. It follows an initial 30 million barrels sold from the SPR in March.
Following up on the March sale, President Biden earlier this month announced the “historic” release of approximately one million barrels of crude oil per day over the next six months. It is the largest-ever release from the SPR. It’s allegedly to help lower gas prices for Americans.
He will have to buy it back at a much higher price.
According to gcaptain:
“The release will provide a record amount of supply to the market until the end of the year when domestic production is expected to increase by 1 million barrels per day. DOE will use the revenue from the release to restock the Strategic Petroleum Reserve in future years,” the White House said in a Fact Sheet.
The Fact Sheet described this initial sale as “substantially oversubscribed,” with the Department of Energy receiving bids for a total of 76 million barrels—more than double the number of barrels put up for sale.
IT MAY BE ILLEGAL
A former Trump administration official suggested that President Joe Biden’s recent release of 180 million barrels of oil from emergency stockpiles is unlawful, The Daily Caller reports.
Biden’s action violated the 1975 Energy Policy and Conservation Act which established the Strategic Petroleum Reserve (SPR), Mark Robeck — the former deputy general counsel for energy policy at the Department of Energy (DOE) during the Trump administration — wrote in a Washington Examiner editorial Thursday. The law prohibits the release of emergency SPR stocks unless there is a severe domestic supply shortage, an act of sabotage or a natural disaster, he said.
This SPR threatens national security:
“In short, Congress imposed a predicate circumstance of a ‘severe energy supply disruption’ for the president and secretary of energy to authorize the sale of crude oil from the SPR, and such a disruption simply does not exist right now,” Robeck wrote in the editorial. “The unlawful release of oil from the SPR threatens national security by depleting the SPR absent a true supply disruption.”
If it’s not illegal, it should be. Biden’s lawless. He violates his oath of office 24/7 at the border. Now he’s emptying out our oil reserves. Most people in power don’t seem to care.
What a “Fricken Demented Dumb Ass”, AMERICA first, everyone else second!!! Biden is trying to kill AMERICA!!!!!!
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and he’s doing a dam good job at it. A pea has more brains. All the media spews is Ukraine, Ukraine, Russia, Russia. Cold it be Putin is the only thing standing in the way of the WEF.
Biden and company all need to be tried as TRAITORS. When Biden pulled this crap on the last Oil release USA got supposedly 18%, balance when to India and China. Sorry you friggin morons, it is US OIL and goes only for USA.
The powers that ought not be have only one goal….destroy America to install a one world govt.
biden needs impeached and removed from office, it’s as simple as he is.
Take Harris and Piglosi with him
Let’s see if I can list them: Treson, at the very least he should be jailed. IF he had any morals he would not have taken the oath of office nor would his family supported this not to mention the entire democratic party. I was glad to learn Russia blew up his mansion in Ukraine.
I would also like to have some of those windows they use in Ukraine. Many cars were sitting on their roofs up against a building, with no broken windows, no outer damage on the building. This was damage reported by the mainstream media. Hey, those windows would hold up real good during a hurricane.
Well people knew what he was like. But they still
voted for him.
I’m not so sure they did. Remember Dominion………. they played a very important role.
This is what communists do
That rotten MFR should be immediately impeached, no questions asked !!!!!
And again nothing will be done by the DOJ! So just move along, nothing to see here.