20221006 - Liberty Minute
OPEC+ cut oil production by 2 million barrels per day.
I'm Peter Serefine with today's Liberty Minute.
The oil-producing nations in OPEC+ announced they are cutting oil outputs by 2 million barrels a day.
Senator Joe Manchin said the move shows that the US must emphasize American energy independence and security. Hmm, it seems like I have heard that before.
In response to the output cut, the Biden administration announced the release of 10 million more barrels from the nation's Strategic Petroleum Reserves.
Gee that will cover the shortfall for five whole days. Then what? Biden has already drained the reserves to their lowest point in decades.
Biden created this problem by forcing his green agenda and is using the nation's strategic reserves as his party's campaign checkbook to attempt to bring gas prices down before next month's election.
Find more news and commentary at liberty-lighthouse.com
Until tomorrow, si vis Pacem, Para Bellum
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