Government Watch / Politics

Biden’s War on Gas Continues, Depleting Our Strategic Petroleum Reserve

Gas

WASHINGTON, DC, Dec 5 — Beneath America lies a vast reserve of oil. Not so long ago the American Oil and Gas Reporter wrote, “The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia…The reserves data distinguish between reserves in existing fields and new projects, and potential reserves in recent discoveries and still undiscovered fields.”

So, why are we depleting our Strategic Petroleum Reserve [SPR] to the point that U.S. producers warn of an impending crisis? Why are we giving communist Venezuelans a chance to make big bucks by selling us its literally dirty oil to meet our needs?

Mike Sommers, CEO of the American Petroleum Institute, says the SPR is at its lowest level since 1987 all because President Biden sought to bring the price of gas down before the midterm elections. “The Strategic Petroleum Reserve, unfortunately, has become the strategic political reserve.  And we have grave concerns about how it has been so politicized. This is for emergency purposes, not to lower gasoline prices during a time during a political season. I think doing this willy-nilly and doing it in a way that that doesn’t make sense for the market we’re in, we could be dealing with another major oil crisis here in the next few weeks,” is how he explained it to Maria Bartiromo on Fox News recently.

In an Opinion article published in the Washington Post recently, Marc Thiessen at the American Enterprise Institute points out that since Biden took office we’ve seen the biggest spike in gasoline prices in some three decades. It’s no secret that his war on gas is the primary cause of surging prices at the pumps but that wouldn’t serve him well going into the elections. So, he figured he could cover it up by releasing more and more of our SPF reserves. “If Biden cared about reducing gas prices in the long term, he would be doing everything in the White House’s power to increase domestic oil and gas production. He’s doing the opposite. Because higher gas prices are part of their plan to force Americans to abandon fossil fuels.  Just as government deliberately raised the cost of cigarettes to curb smoking, Democrats want to raise gas prices to curb our use of fossil fuels.”

And now Mr. Biden has added insult to injury by letting the California-based Chevron petroleum company drill for oil in communist Venezuela. For one thing, in 2020, 2021 and this year the U.N. has issued reports that found the regime is guilty of crimes against humanity. 

In addition, Venezuela’s heavy crude oil is so low in quality that few refineries in the world will take it. But soon after the Chevron deal was struck Forbes Magazine pointed out that when the president shut down the Keystone XL Pipeline on the first day of his presidency he blamed it on the heavy oil it would transport. It wasn’t good enough for us then but it is now. 

“On that day, Biden chose to cancel the cross-border permit for the northern leg of TC Energy’s Keystone XL Pipeline with a stroke of his presidential pen. The decision was not made because TC Energy or its partners had been found to be in violation of U.S. law or regulations governing pipelines – no such finding had been made…The decision to cancel the already half-completed pipeline and billions of dollars of already sunk investments was made, according to Biden and his own spokespersons at the time, to send a message that the heavy grade of crude oil the pipeline was designed to bring in from Canada was somehow more polluting and less desirable than other grades of oil for use in the United States. That was the argument that had been mounted against the project since early in first term of the Obama administration, in which Biden served as Vice President.”

As one analysis put it, Biden and his cronies are not only fighting the development of our vast petroleum resources; they are, in fact, economically punishing middle and low income Americans by fueling inflation. It’s not just they’re excessive spending, they have taken actions clearly intended to force the steep rise in gas and energy prices and the derivative impact upon food prices.


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Letts Brandon
1 month ago

Joe’s destruction of the economy, his depletion of the oil reserves, destruction of food production, all while leading us into war shows the traitor and hater of the USA that he is and must be stopped and brought to justice before the end of his term. There is no telling what he may do next if left in office.

Word of Truth
1 month ago

Did you know that the largest refinery in Texas is owned by Saudi Arabia?

Steve
1 month ago

Too bad the sheeple don’t see this clear ploy. They are so focused on mere survival that they don’t see the threat our own government poses to us, and how we are being used.

Sam
1 month ago

As Bugs Bunny would say…”What a maroon”.

Robert Zuccaro
1 month ago

“A prosperous China is good for America…”- John Kerry. Judging by Democrat policies, a prosperous America isn’t.

tika
1 month ago

2022 election will help “put the demon back in the box”. this guy is dumber than he acts.

Wise Pappy
1 month ago

There can only be three reasons for this administration’s policies towards production of American oil. 1.. It is an agenda driven attempt to force the use of “non fossil fuel” energy and vehicles. 2. A deliberate attempt to put America in a position of having to depend on foreign oil which would make it vulnerable to, should China, or any other nation (or even the UN), decide to implement a single ruling world power which would remove our sovereignty and make us fall under a single, one world government. 3. Inept disregard for the American citizenry. You chose but look at these facts: 1. ended exploration for oil in the US. 2. Stopped the building of a pipeline to link US and Canada. 3 Depleting our nation’s oil reserves which are there for emergencies, such as defending America or its allies in the event of attack, (National defense needs), or a complete cutoff of supplies from outside the US, giving us time to ramp up our own production. And the list goes on. You decide the reasons but the outcome is the same, America is now vulnerable to any power which decides to ruin our economy and our way of life.

Donald King
1 month ago

The Biden administration’s theory is that, if they can only destroy America and install their socialist/communist government in its place, we won’t really need a strategic oil reserve will we? I mean, after all, all of the world’s socialist/communist countries will be just one big happy family, right? It’ll all be just one big happy worker’s paradise!

Mjb
1 month ago

It’s time to get your guns oiled and ready for battle.

Robert Zuccaro
1 month ago
Reply to  Mjb

We can’t get more than 40% of Americans to vote so I wouldn’t expect a big turnout for a revolution. I’m moving to the first state that secedes!

Indefatigable
1 month ago

Someone commented that even though the democrats will suffer along with the conservatives as the ship sinks, they couldn’t understand why the dems keep voting for their own destruction. Their actions don’t seem logical to a sane person, but make perfect sense if you are God. Remember when the Dems at one of their conventions shook their collective fists in God’s face and said they wanted nothing of God, for God, and about God in their platform? God said he has given them over to a reprobate mind, They, since, have grown more hate filled, illogical and literally insane. This reprobate mind makes them incapable of righteous thinking. Repentance is the cure, but that’s not likely.

Michael
1 month ago
Reply to  Indefatigable

It Only Makes perfect Sense that WHAT the Bible Says of Such People as these ” DNC PARTY ” that those that Continue to LIE are the DEVILS CHILDREN and that is WHAT these on the LEFT do All the TIME to Us that have a Working Brain that is Educated and filled with Common Sense and be Sound ..

You Couldn’t be More Right in Saying that God has Given Them A Reprobate Mind, to Where it also Says in the Bible : ” They concidered themselves to be WISE but instead became Utter FOOLS ! ”

Lastly, God Says this and I couldn’t AGREE MORE : ” That the Wisdom of the World is but Foolishness to ME .. That EXPLAINS Why Our Founding Fathers TURNED to His Wisdom to CREATE Our ” US CONSTITUTION and BILL OF RIGHTS ”

Because WE Don’t Have and Never Will Have Such a Wisdom as OUR GOD and CREATOR of ALL that We Know and See as Evidence Around US ..

Word of Truth
1 month ago
Reply to  Indefatigable

The Democrat voters will continue to vote that way was as long as they are promised enough free stuff.

Indefatigable
1 month ago

We’ve given so much of our military armament to Ukraine and now we have no fuel reserves. If our country were invaded, we’d have to fight them off with fly swatters and slingshots. All is going according to WEF plans. Trudeau, Macron, Biden and his minions(cause by himself he has only one brain cell,), Scholz of Germany, etc. puppets all of WEF.

Ty
1 month ago

A local TV channel in Las Vegas, FOX-5, aired a news report stating that gas prices are down and seem to be heading lower.I sent them a Rant asking them to tell the truth. I doubt they will air my rant, but somehow Americans, all Americans, need to get factual reports on current events. The following is my rant:”Fox 5 reported today that gas prices are lower; however, why isn’t your group reporting facts about this instead of half truths. Yes, the price of gas is down, but crude oil deliveries from each of the three SPR storage sites started December 1, 2022 and will continue to December 31, 2022, now. This potentially disasterious and solely political decision has temporarily pushed the cost of per barrel crude oil to approximately $74.00. The SPR is the Strategic Petroleum Reserve, which was collected and paid for by American tax payers, for our countries defence and disaster responce and recovery. That’s the truth and why gas prices have dropped, temporarily. So, please report the facts, truth! The American people, need to be managing their budgets to prepair for the impending raise in fuel costs. Not doing so directly effects spending decisions and has the potential of creating both higher inflation and greatly increases a pending ression!”We have got to get local broadcasting to release facts and regardless of, then Joe Bident’s declaration, that you should not confuse fact with truth. He lied then and he is continuing to lie to the American people. Let’s Go Brandon is a morally corrupt individual, along with the other self declatied saviors of American democary. Lying to the American people has to stop!

BillC
1 month ago

What Biden shut down on day one was a new leg from the original Keystone pipeline, which was only 8% complete, but already heavily invested in materials and property acquisition. Canada’s TC Energy and investment partners took a big hit. Don’t think those losses won’t affect prices.The original Keystone pipeline, which has been in use for for over a decade was shut down last night, due to a leak, the cause of which has not yet been disclosed. Convenient timing isn’t it.With eco terrorism rising worldwide, we should be suspicious when we see these events. The Nord Stream natural gas pipeline rupture has caused a panic in Europe as the cold of winter sets in. Sabotage is suspected there. Beware of fact checkers high bias towards the green movement, (which is more about the color of money than saving the planet)! Don’t believe me? Just google anything on the subject of pipelines, food plant fires, mass livestock casualties, etc. They will tell you there’s nothing to see here and anyone that says otherwise is just a tin foil hat conspiracy theorist. Yeah and Hunter’s laptop is Russian disinformation. We have been fed a line of BS on so many subjects, it’s no wonder so many people are delusional about climate change. You can’t even look at The Weather Channel without climate change being blamed for everything at every opportunity. Heavy industry and global corporations have been damaging ecosystems for more than a century and now want tell the people of the world to pay for it. They want you to sacrifice for their benefit. Climate change is, in part, a result of geoengineering experiments gone wrong. “Scientists” who think they are smarter than nature itself have actually contributed to the problem more that anyone wants to talk about. Their efforts to dim the sun have actually trapped more radiation than they have reflected. And the military/industrial complex is delighted with the possibilities of weaponization of weather.Carbon capture is the next big boondoggle on the horizon. While dirty lithium mining escalates to feed battery manufacturing, cheap and/or slave labor in China pumps out more batteries and solar panels. Nobody wants to surrender the profit potential of carbon capture technology to what once handled the balance, plants and trees! Humm, not much profit in that. That geoengineering problem I just spoke of is damaging trees and further diminishing their ability to process CO2 and generate oxygen.I know that sheeple everywhere, (if they actually make any effort at all), will go online and try to debunk everything I have written and find the answers they want to see. Just remember, everything you find there has been censored to deflect any belief in conspiracy theories that strangely turn out to be true at a later date, conveniently timed for political benefit!

Michael
1 month ago
Reply to  BillC

” WOW ” I am “INSPIRED ” to Finally in a DECADE CROSS Someone that KNOWS What the HELL is GOING ON .. YOU are Indeed Someone that I would LOVE to Converse With because YOU have Used what You Learned in SCHOOL to be ” AWAKE ” to All the LIES and DECEPTIONS that SPEW out of Our Govenment ..

The LEFT is the Worst Party to Ever Happen to Us and SO MANY PEOPLE choose to be DUMB of their ACTIONS and WORDS, We were TAUGHT ” AMERICAN ” HISTORY in School for a Reason and Purpose and that was NOT to REPEAT IT and to STRIVE to Be Better than those that LACKED Good
Morals and Common Descency .. The DNC PARTY back in the 1800’s were Guilty of such Crimes that it Should of Been WATCHED from THEN to NOW ..

They were Advocates for Slavery of the Black Man, Hung THOUSANDS of Them for Various Reasons, Made the Women do Hideous Sex Acts or they were Hung, HUNG over 1000 REPUBLICANS for Standing up for the Black Race because Lincoln Gave them their Freedoms and the Republican Party Agreed with him, The Dnc Party also Created the ” KKK ” and were those that burned Crosses on Church properties that had Black Converts attending their Churches and then too those that were fortunate enough to be able to either rent or buy a home of their own ..

This was the DNC PARTY then (1800’s) and THEY have Never Changed One Bit to this Day, They have Always Strived to be the “TASK MASTERS ” over Others, then it was Over the Black Race and NOW it’s OVER All AMERICANS and than onto to the WORLD, ” One WORLD GOVERNMENT, ONE RELIGION, ONE ECONEMY ” And their AGENDA was and Still is to ” CONTROL ” All Our LIVES through FAKE NEWS, FALSE WITNESSES, BRIBERY, CORRUPTION and MAYHEM, MURDER if YOU Get in their Way or TRY to Spoil their PLANS (BONO, KENNEDY, SETH RICHARDS, THOUSANDS) that is WHY they DESTROYED ” TRUMP ” he was CRUSHING their AGENDA ” MAGA ” His Speech :
” I want to Make America Great Again and GIVE the POWER Back to the PEOPLE ” That was the Final STRAW for the DNC Party and their response “GET HIM OUT OF THERE ” because THEY WANT POWER OVER ALL OF US AND EVERYTHING THAT WE HAVE CREATED FOR OUR BENEFIT AS
AMERICAN CITIZENS ..

I really Appreciate YOU Mr. Bill C, it’s Americans like You that makes me Happy to be One, You’re Informed, You’re Awake to the Lies and Deceptions of those that are in Possession of OUR Country, You didn’t Waste what You were Taught in School, and You have the Right to Share the Truth of What those in Office Do that SHOULD be “ALARMING” to ALL Americans, because THEY are DESTROYING
Everything that WE LOVE about Our “ONLY HOME and COUNTRY ”

GOD BLESS YOU and MAY OUR GOD Keep You and Family SAFE from these DARK SOULS that are Truly Out for Blood and Carnage ..

David Crenshaw
1 month ago

He is denying God Almighty God given oil to be used for us and our allies The world isn’t about to expired any time soon cause God controls our way of life. As for climate change it doesn’t exist but their is an controller named God he has been punishing America for their sins He does NOT like to be called an Liar their is only two genders period

Laura
1 month ago

There’s nothing worse than the illegitimate Kenyan, Obama, (not his real name), and his puppet Biden!  They have both been on a clear mission to destroy America, because they do not want us to be FREE. Only an idiot shuts down the keystone pipeline -stops new drilling permits, and uses up our reserves to give to other countries. Then begs for oil elsewhere

Michael
1 month ago
Reply to  Laura

OBAMA BANNED THIS VIDEO – GEE, I WONDER WHY! 
youtube.com/watch?v=y5CsrTMZAhA

This is The REAL OBAMA and if You disagree than You are Truly Spiritually Blind, because he
HATES AMERICA and AMERICANS but He Sure as HELL lives what its DONE for Him as far as
WEALTH is Concerned, his Own Private LEAR JET for One ..
Plus he encouraged BIDEN before leaving his side to RAISE GAS PRICES, Knowing that Americans
Hate this and what did Biden do, exactly what Obama said ..

Doug CRAIG
1 month ago

How is Biden going to go get or have delivered his ice cream

Mike
1 month ago
Reply to  Doug CRAIG

Doesn’t matter he’s got lots of money and for the next 6 years you are going to buy it for him

CB
1 month ago

Beijing aldof bozo Biden wants to destroy our ability to defend ourselves. Gee could it be he is beholding to china? What a waste of protoplasm!

Steve
1 month ago

This is what happens when we let them overthrow the government with fraudulent elections. The plandemic was a great success and the groundwork was laid so that there will never be a free and fair election in this country again. Hang on the ride is about to get a lot rougher.

Linda
1 month ago
Reply to  Steve

You are so right

CB
1 month ago
Reply to  Steve

Republicans are too stupid to figure it out.

Laura
1 month ago
Reply to  CB

You are legitimately brainwashed, and certainly old enough to know better- your mama likely taught you better manners than what you currently have!

Ty
1 month ago
Reply to  CB

Americans already figured it out!

Nick Patriot
1 month ago
Reply to  CB

I don’t think so. They know and are in on it! Most Republicans are worthless to save America.

Michael
1 month ago
Reply to  CB

No THEIR either being THREATENED or BRIBED by the Shadow Government to Back off or Face the Music ..They all need to WAKE UP and Get as SERIOUS as the LEFT or Get as SERIOUS as ELLIOT NESS (FBI) He was NO JOKE he even took Down Politicians too ..

Tom
1 month ago

Some very accurate information about the energy prices and cost! Way to go Brandon!!

TVWizard
1 month ago

1. The Keystone Pipeline is owned by the TransCanada Energy Corp and has been in continuous use since 2010. It cannot be opened because it was never closed.
en.wikipedia.org/wiki/Keystone_Pipeline
2. The Keystone XL pipeline was supposed to be a secondary route for the existing Keystone pipeline, but was never built, so it cannot be opened. Had it been built, the oil it would have carried would have gone to foreign markets, not the US.
nrdc.org/stories/what-keystone-pipeline
3. The US currently pumps more crude than is needed for the US market, but CANNOT USE IT because it is light, sweet (Expensive) crude, most of the US refineries are setup for heavy, sour, (cheap) foreign crude, and retrofitting all the US refineries would be extremely expensive.
nasdaq.com/articles/america-produces-enough-oil-to-meet-its-needs-so-why-do-we-import-crude
eia.gov/todayinenergy/detail.php?id=41033
marketplace.org/2022/03/07/why-do-we-import-russian-oil-when-theres-lot-u-s/
fsmetals.com/about-us/blog/americas-light-sweet-problem

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