Former President Donald Trump is slamming President Joe Biden’s order to release 50 million barrels of oil from the strategic reserve to bring down energy costs
Trump said, in a statement released on Tuesday, "For decades our country’s very important Strategic Oil Reserves were low or virtually empty in that no President wanted to pay the price of filling them up.
"I filled them up three years ago, right to the top, when oil prices were very low. Those reserves are meant to be used for serious emergencies, like war, and nothing else. Now I understand that Joe Biden will be announcing an 'attack' on the newly brimming Strategic Oil Reserves so that he could get the close to record-setting high oil prices artificially lowered.
"We were energy independent one year ago, now we are at the mercy of OPEC, gasoline is selling for $7 in parts of California, going up all over the country, and they are taking oil from our Strategic Reserves. Is this any way to run a country?"
As we documented, the Strategic Petroleum Reserve was more than 80 percent full -- not "low or virtually empty" -- when Trump filled them, it took no political courage on Trump's part to do so given that oil prices were at rock bottom at thet start of the pandemic, and Trump signed a bill mandating sale of SPR reserves to fund the government. And that $7 gas is only a one remote gas station in California; the average gas price in the state is around $4.
This is what happens when being a servile stenographer is more important than reporting facts.