As my colleague Andrew Malcolm previously reported, while Joe Biden has touted releasing millions of barrels of oil from the Strategic Petroleum Reserve (SPR) as a “strategy” to deal with the skyrocketing gas prices, he’s also sending millions of those barrels overseas.
This seems to be counter to all sense if the idea of the release is to bring down the prices and not just empty our reserve. Why would you send it elsewhere when we need it here? Plus, it’s deceiving the American people, when they think the release means that it’s going to help the supply here. A lot of it isn’t.
The idea of the SPR is to be there for a true emergency in case we need it, not to be sent to other countries or to be released through October, in the hopes that it will help Biden and the Democrats in the midterms. Unfortunately, now the supply is being rapidly depleted. According to Reuters, the supply has fallen to its lowest level since 1986, and the U.S. crude inventories are at their lowest since 2004. What happens if we are suddenly attacked? Where would that leave us, particularly since Biden has attacked our domestic energy production? Not to mention that the prices have gone up since the releases, so it hasn’t had the result of bringing the prices down.
But perhaps one of the most concerning things about the release is that Joe Biden sold some of those millions of barrels to China. Republican members of Congress are demanding answers in a formal letter to the Biden Administration.
“China ramped up its purchases of crude oil from Russia and the United States to boost its own reserves, even as oil prices surged and President Biden called for a coordinated release,” Republican leaders wrote. “China is reportedly in talks with Russia to buy even more oil for its strategic reserves, while the United States and the E.U. pledged to ban Russian imports.”
“As a result, China may now control the world’s largest stockpile of oil, with total crude inventories estimated at 950 million barrels,” the letter continued.
So, not only is Biden depleting our supply, with Americans having to pay through the nose for gas and being told they should be happy to pay for the “liberal world order,” our oil is going to build up one of the biggest threats to our nation: Biden’s buddy, China. Biden is not saving it in case we are attacked; Biden is helping the people with whom we could conceivably be at war over issues like Taiwan.
Selling the oil to China even had Democrat Rep. Ro Khanna (D-CA) blasting the Biden decision on Fox on Wednesday, saying he didn’t understand it and it made no sense. Khanna also argued against the exports in general, since such exports didn’t go to help our supply and didn’t reduce the price.
Ro Khanna (D-CA) blasts Biden for exporting American oil to foreign countries while gas prices soar:
"I don’t understand why we aren’t having a ban on exports…people in my district, they're talking to me about gas prices, about higher food prices…airlines getting cancelled." pic.twitter.com/4pKyFvynWd
— Townhall.com (@townhallcom) July 7, 2022
I may not agree with Khanna on much, but he’s got that point right. But, while he blasted Biden’s action, he still said he was supportive of him in general, so he’s not holding Biden’s feet to the fire on this.
Tucker Carlson however didn’t hold back, and he said that he thought that Biden should be impeached for what he had done–noting how unprecedented Biden’s action has been in the history of releases from the SPR and how much it is endangering our interests.
Tucker Carlson calls to impeach Biden for releasing millions of barrels of oil from Strategic Energy Reserves to export it to China, India and Europe. pic.twitter.com/Pb5Ig2pGQZ
— The Post Millennial (@TPostMillennial) July 7, 2022
So as gas prices set records in this country, as American citizens who were born here and vote and pay taxes, cannot afford to fuel their own cars, the Biden Administration is selling off our emergency oil reserve to China. That is not an indictable offense? It’s certainly an impeachable one, and they should impeach him for that.
Tucker also wasn’t shy about pointing out the connections of the Bidens to China — how this once again raises some serious questions about compromise and endangering our national security interests.
Yet the Biden team has no answers for their actions.