Tuesday, March 1, 2022

Biden to release 30M more barrels from strategic oil reserves? Brent + $100 / barrel


Models of oil barrel are seen in front of displayed rising stock graph and words "100 Dollars" in this illustration. File/Reuters

Horrible "presidential" decision. Political "kabuki" before the State of the Union tonight. US citizens have been forced garbage energy policies since January 20, 2021. 

The strategic oil reserves are for US energy emergency purposes only. They should always remain filled to the brim. 

Tapping the strategic oil reserves is not the solution for high gas prices. Energy costs have been intentionally inflated globally.

The US has one of the largest oil and gas reserves on the planet. We were the biggest producer of oil and gas products in the world. 

Pump more oil. Refine more crude. Utilize coal. Open the pipelines. Finish the Keystone pipeline. Sell US oil, gas and coal globally. 

+/-$50 / bbl target can be attained.

Stop buying foreign energy.

The US has to become the self sufficient, energy surplus powerhouse it once was 1 year ago under President Trump! 

God Bless America!

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