Today in "The left hand doesn't know what the right hand is doing" news.... Remember that big release of 50 million barrels of oil from the Strategic Petroleum Reserve? Let us jog your memory: it was the hallmark solution proposed by the Biden administration to try and address soaring energy costs for Americans.
Well, it turns out that most of that oil is going to wind up in China and India, Fox News reports.
Both countries have been "Actively purchasing U.S. sour crude oil produced in the Gulf of Mexico".
18 million barrels of the 50 million released have already been approved for sale.
32 million barrels remain and will be "Intended for U.S. consumers to alleviate increased demand," Fox News reports.
The White House commented: "The President has been working with countries across the world to address the lack of supply as the world exits the pandemic."
"Exit the pandemic?" We're certain that's not a Dr. Fauci-approved PR statement.....
Sunday, November 28, 2021
Biden's "Strategic" Oil Reserve Release Will Mostly Go To China And India
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