The US Strategic Petroleum Reserve (SPR) can store up to 713.5 million barrels of crude oil. When Biden took office, the SPR held 570 million
Tag: oil prices
Biden Tries to Get Saudi Arabia to Increase Oil Production
In 2020 Presidential Candidate Biden promised he would turn Saudi Arabia into a pariah, and claimed the Saudi royal family has “very little social redeeming
Biden Claims Rising Gas Prices Are Not His Fault
Recently, Biden has made several public appearances in which he insisted he is not to blame for rising gas prices. Instead, he blamed the increasing
Biden Plays Politics with Oil Production
First Biden canceled the Keystone XL Pipeline, then banned new drilling on federal land, and now (surprise) Saudi Arabia is increasing prices AND production of