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Thursday, March 28, 2024

Trump Slams Biden’s Use of Strategic Oil Reserves to Offset Failed Energy Policies

'We were energy independent one year ago, now we are at the mercy of OPEC ... and they are taking oil from our Strategic Reserves...'

Former President Donald Trump slammed President Joe Biden and his hapless administration for using up the nation’s strategic oil reserves in order to counteract his failed policies, in a statement released Tuesday morning.

During his tenure in office, Trump noted that he had filled U.S. oil reserves as a hedge against future uncertainty.

“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,” he wrote. “I filled them up three years ago, right to the top, when oil prices were very low.”

Trump also emphasized that the reserves were to be used only during “serious emergencies” such as war or desperate shortage.

But Biden and his administration have decided to use the emergency rations to counteract self-inflicted inflation and rising oil prices due to government regulation—most notably the closure of key pipelines and exploration projects that ended Trump-era American energy independence.

“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,” Trump wrote before pointing to absurd prices at the pump.

“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?”

Democrats in Congress—all of whom wholeheartedly support massive government intervention in energy sectors—penned a letter to the president pretending to be in support of the working class.

Calling the matter an “urgent issue,” California Rep. Ro Khanna and other House Democrats demanded that Biden act to ensure “affordable and reliable energy for American families.”

Biden responded by announcing his decision to release the oil reserves—provided he can get the necessary permission from the people running the country.

When asked about Biden’s decision, press secretary Jen Psaki claimed that she didn’t have any information.

“I don’t have anything to preview for you on this,” Psaki said. “But I will say that of course, we’re going to continue regardless to press OPEC to ensure that the supply out there meets the demand.”

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