Biden sends U.S. oil reserves overseas after slamming brakes on domestic production

Biden sends U.S. oil reserves overseas after slamming brakes on domestic production

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President Joe Biden is sending millions of barrels of oil from the U.S. Strategic Petroleum Reserve abroad even as his climate change agenda continues to stifle production by the domestic fossil fuel industry, according to critics.
Last month, more than 5 million barrels of oil were released from the SPR and sent to countries in Europe and Asia, including the Netherlands, Italy, India, and China. 
About one million barrels a day are being released from the SPR, which is to continue through October. Last month, the SPR fell to its lowest level since 1986.
Biden said that releasing the reserves...
Source: https://justthenews.com/politics-policy/energy/biden-sends-us-oil-reserves-overseas-amid-limiting-refineries-meeting?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators