(DCWatchdog.com) – BREAKING NOW: Time will quickly tell if the move works as President Joe Biden announced moments ago in a live television broadcast that he is releasing the most oil from the United States Strategic Petroleum Reserve that has ever been released in history.
Biden is rolling the political dice and hoping this move will reduce the price of gasoline.
He may be betting the midterm elections on this strategy.
You can watch the video a bit further down this post.
Biden stated, in part:
“Today, I’m authorizing the release of 1 million barrels per day for the next six months – over 180 million barrels from the Strategic Petroleum Reserve. This is a wartime bridge to increase oil supply until production ramps up later this year. And it is by far the largest release from our national reserve in our history. It’ll provide a historic amount of supply for a historic amount of time. A six-month bridge to the fall.”
Please share your reaction to President Joe Biden authorizing the largest release in history from the United States Strategic Petroleum Reserve by emailing [email protected].
Do you think Biden’s move will help lower the price of gasoline at the pump? Why or why not.
Here is the video clip of Biden’s announcement from just moments ago.
NOW – Biden announces the largest release of oil from the Strategic Petroleum Reserve in U.S. history. pic.twitter.com/fMfc7YFvrF
— Disclose.tv (@disclosetv) March 31, 2022
This is a breaking news report from DC Watchdog.