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

Posted on Wednesday, December 7, 2022
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by AMAC, John Grimaldi
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118 Comments
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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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PaulE
PaulE
1 year ago

Get used to it. Democrats are NOT going to change course. They don’t see any real push-back from the American people to their intentionally destructive policies, so why would they stop or ever consider reversing course? The objective is to ultimately raise energy prices here in the United States to be on par with what energy costs in Europe. Thus crushing the economy and reducing both personal and national wealth along the way. Get used to a lower standard of living due the rising cost of everything, as energy costs determine so many of those costs. Get used to the idea of rolling brown-outs and black-outs.

We’re less than half way there from being on par with Europe in terms of energy costs. So the Democrats still have a lot of work to do inhibiting our domestic energy production.

Jeri
Jeri
1 year ago

We have been warned for two years this has been coming. Hopefully you have planned and prepped and prepared the home and family. If not good luck and God bless.

J. Farley
J. Farley
1 year ago

Depleting the Strategic Oil Reserves is nothing short of Treason if we are attacked at home or abroad, we do not have the ability to recover and rebuild the reserve and America would be in great peril, we would be at the mercy of the Enemy.
My Question is, is this the plan?

Donna
Donna
1 year ago

Does “ climate change “ only take place over the skies of the US? Of course not, so they don’t even believe their own lies because we have much more stringent rules on production than Venezuela does to protect climate. Everything this President and his cronies do are based on destroying our economy, destroying our amendment rights , and destroying our children. We need people in Congress who will stand up and fight for our country and stop compromising on issues of importance. God help us!

Aaf Schafer
Aaf Schafer
1 year ago

The voters have only themselves to blame for the gas prices inflation shortage of goods and the total malaise in America.
Just keep on voting for Brandon and his policies.

Ronnie
Ronnie
1 year ago

There is only one thing to say about the beat down of Americans. ( the beat goes on)

Del
Del
1 year ago

If Joe were plotting with the worst enemies of the U.S., he couldn’t be doing a better job of our nation’s takedown. How do we survive 2 more years of Schumer and Joe? We are dead…

William C Smith
William C Smith
1 year ago

This man and his accomplices are traitors to this nation, seemingly intent upon “fundamentally transforming” its people into a more managable, socialistic system and destroying its national security elements.. Jonathan Gruber was correct when he labelled Americans “stupid.”

David Millikan
David Millikan
1 year ago

Now DICTATOR Beijing biden wants to give the EPA the power to STOP MANUFACTURING and SELLING
GASOLINE.
NO BS and George Soros is pushing them to do it.
That means NO going to Work or Buying any products or anything else. Welcome back to Caveman days. Otherwords, You would have to be completely dependent on the government. That’s PURE COMMUNIST FASCISM boys and girls.
Welcome to Communist China of America with DICTATOR Beijing biden’s blessing DESTROYING OUR COUNTRY.

jocko
jocko
1 year ago

DEPORT ALL liberals AND illegals, STAT, TO MAGA

Stephen Russell
Stephen Russell
1 year ago

Open up pipelines, drilling, fracking, & lisc Nuclear plants Now

Stevo
Stevo
1 year ago

Biden has continued from his illegitimate “inauguration” day to benefit only the NWO agenda goals to destroy America – ANY WAY POSSIBLE ! This treasonous, career organized crime , enemy of America / communist should be arrested to GITMO for many years of treason crimes against the U.S. & the born & bred communist obama also !

David Urschel
David Urschel
1 year ago

First of all you can’t blame Biden because he does not run this country. He can barely speak without screwing something up and is totally unable to make decisions. He is told what and where to sign with his “VETO” pen. The Democratic socialist marxist communist party has betrayed the American People for money. Joe Biden’s family has been well taken care of by the Chinese which has surpassed our Navy, stollen our technology and killed our people.

Hdrydr
Hdrydr
1 year ago

The author, Mr Grimaldi, fails to realize that the current administration doesn’t care what damage they do. There is a method to their madness and Americans are too lazy to do a damn thing about it.

Fran Stevens
Fran Stevens
1 year ago

Biden and his minions won’t be satisfied until every drop of oil is gone and we will be at their mercy!

Kyle Buy you some guns,and learn how to shoot
Kyle Buy you some guns,and learn how to shoot
1 year ago

Biden is ruinning the country, and Obama is grinin from ear to ear. Kyle L.

johnh
johnh
1 year ago

Now that mid-term election is over, will Biden quit taking oil out of SPR, and if he does quit will the price of gas go up in USA ?? Also, what is Biden plan to replace this oil reserve, in case it is needed for Emergency?

JayA
JayA
1 year ago

Gotta drill in Venezuela, the “Big Guy” still needs his 10%….

teresa Ann d'alessandro
teresa Ann d'alessandro
1 year ago

i didn’t even read the article bc all I have to say is fuhrer biden is a failure, selfish, lacks leadership, lacks a spine, lacks a brain. – and all the haters and dums out there are so proud to be his supporters. can you say el stupido

Marta Alvarez
Marta Alvarez
1 year ago

It looks more like Biden’s war on people. He has made it clear from the get go that Biden does not care about the American people. His war on gas is only of many of his aggressions against the Americans.

Jerry
Jerry
1 year ago

We have a crooked idiot socialist in the White House.

JR Fox
JR Fox
1 year ago

Biden, The Traitor-in-Chief. The Strategic Oil Reserve is meant for if we should have to go to war. He even sent some of it to China, I guess for the $millions China gave to the Biden family.

Randall L. Beatty
Randall L. Beatty
1 year ago

Our great leader will never put the oil back he never should have let it get that low the dummy should start up the pipeline again but he hates Trump that will never happen. The Biden’s are friends with China and will go to any communist country to get oil what a government we have now.

Gabe hanzeli Kent wa
Gabe hanzeli Kent wa
1 year ago

Remember a few months ago when biden was blaming everyone but himself for the gas prices and inflation.

Like all democrats biden just lies and lies and lies.

David Millikan
David Millikan
1 year ago

Excellent article.
DICTATOR Beijing biden is doing this on purpose to leave the United States WIDE OPEN FOR ATTACK.
NO OIL, NO ECONOMY, NO DEFENSES.
THAT IS TREASON.
ARE YOU, AMERICA, going to keep letting OUR COUNTRY and OUR LIVES TO BE DESTROYED BY DICTATOR Beijing biden A
COMMUNIST WHO PUTS THE WORLD BEFORE THE UNITED STATES OF AMERICA?
OR, DO YOU ENJOY INFLATION, BEING SPIED ON, YOUR LIVES AND BANK ACCOUNTS CONTROLLED,
ILLEGAL ALIEN TERRORIST INVASION, YOUR CHILDREN INDOCTRINATED, YOUR MILITARY WEAKENED, YOUR U.S. CONSTITUTIONAL RIGHTS VIOLATED AND TAKEN AWAY, AND
BEING LAST?

David Millikan
David Millikan
1 year ago

DICTATOR Beijing biden wants to give the EPA the Power to STOP MANUFACTURING and SELLING GASOLINE. NO BSand George Soros is pushing for it.
Why am I not surprised.

GTPatriot
GTPatriot
1 year ago

No point to this hot air. We just had the chance to push Biden aside and didn’t .
Now we have to live with our embarrassing Nov vote performance. Buckle up

James J
James J
1 year ago

doe ray me fa q biden your family your administration your chinese butt buddies and may you all rot an eternity in Hell, for the millions of people and their families you have murdered through fentanyl, Wuhan virus, kiddie porn, human trafficking, rape, slavery, illegal aliens. you sir are a very sick disturbed p.o.s. rotting skin bag

TVWizard
TVWizard
1 year 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

Tom
Tom
1 year ago

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

Steve
Steve
1 year 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.

CB
CB
1 year 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!

Doug CRAIG
Doug CRAIG
1 year ago

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

Laura
Laura
1 year 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

David Crenshaw
David Crenshaw
1 year 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

BillC
BillC
1 year 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!

Ty
Ty
1 year 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!

Indefatigable
Indefatigable
1 year 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.

Indefatigable
Indefatigable
1 year 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.

Mjb
Mjb
1 year ago

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

Donald King
Donald King
1 year 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!

Wise Pappy
Wise Pappy
1 year 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.

tika
tika
1 year ago

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

Robert Zuccaro
Robert Zuccaro
1 year ago

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

Sam
Sam
1 year ago

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

Steve
Steve
1 year 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.

Word of Truth
Word of Truth
1 year ago

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

Letts Brandon
Letts Brandon
1 year 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.

Silhouette of the President of the United States of America Donald Trump while attending a conference
1960s and 2020s; history repeats itself
Helena, Montana / November 3, 2020: Woman election official directing voter where to park and vote, man in vehicle holding ballot, voting from car outside polling station, poll worker
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