Former President Donald Trump is ripping Joe Biden to shreds over his latest disastrous decision. In a desperate attempt to undo the damage he has done to the economy, Biden has decided to tap into the Strategic Oil Reserves, which could have devastating consequences for the country.
On November 23rd, Joe Biden announced that the Department of Energy would be releasing emergency oil reserves in order to combat high energy prices ahead of the busy holiday travel season. According to Biden, 50 million barrels of oil will be released from the Strategic Petroleum Reserve, which is the largest release from the reserve in U.S. history.
“It will take time, but before long, you should see the price of gas drop where you fill up your tank,” he said during remarks at the White House. “And in the longer term, we will reduce our reliance on oil as we shift to clean energy.”
“We’re taking action. The big part of the reason Americans are facing high gas prices is because oil producing countries and large companies have not ramped up the supply of oil quickly enough to meet the demand. And the smaller supply means higher prices globally, globally, for oil,” Biden added.
Of course, Biden is trying desperately to ignore the fact that this problem is completely the fault of his administration, not because “oil producing countries and large companies” aren’t increasing the supply of oil. Joe Biden cancelled pipelines and oil leases. Before he came into office, the United States was energy independent.
Donald Trump points this fact out in a statement, which he released soon after Biden made his announcement.
The statement read:
“For decades our Country’s very important Strategic Oil Reserves were low or virtually empty in that no President wanted to pay the price of filling them up…Those reserves are meant to be used for serious emergencies, like war, and nothing else. Now I understand that Joe Biden will be announcing an ‘attack’ on the newly brimming Strategic Oil Reserves so that he could get the close to record-setting high oil prices artificially lowered. We were energy independent one year ago, now we are at the mercy of OPEC, gasoline is selling for $7 in parts of California, going up all over the County, and they are taking oil from our Strategic Reserves. Is this any way to run a Country?”
NEW FROM 45:
“For decades our Country’s very important Strategic Oil Reserves were low or virtually empty in that no President wanted to pay the price of filling them up…Those reserves are meant to be used for serious emergencies, like war, and nothing else…” pic.twitter.com/ShSGNgfCda
— Margo Martin (@margommartin) November 23, 2021