Biden Regime Is Now Sending Strategic Petroleum Reserves to China
Biden Regime Is Now Sending Strategic Petroleum Reserves to China as US Gas Prices Hit Historic Levels
While demented Joe Biden berates gas station owners for high gasoline prices, his illegitimate regime is selling the U.S. Strategic Petroleum Reserves (SPR) to Europe, India and China, as Reuters reports.
“More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs”, Reuters writes.
“About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR) through October,” Reuters wrote. “The flow is draining the SPR, which last month fell to the lowest since 1986. … Cargoes of SPR crude were also headed to the Netherlands and to a Reliance refinery in India, an industry source said. A third cargo headed to China, another source said.”
While demented Joe Biden berates gas station owners for high gasoline prices, his illegitimate regime is selling the U.S. Strategic Petroleum Reserves (SPR) to Europe, India and China, as Reuters reports.
“More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs”, Reuters writes.
“About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR) through October,” Reuters wrote. “The flow is draining the SPR, which last month fell to the lowest since 1986. … Cargoes of SPR crude were also headed to the Netherlands and to a Reliance refinery in India, an industry source said. A third cargo headed to China, another source said.”
