President Joe Biden’s reckless energy policies, including a relentless war on US oil, have now seriously undercut national security.
To wit, the US Energy Information Agency just pegged the nation’s supply of emergency oil in the Strategic Petroleum Reserve at just 351 million barrels — about half its capacity.
Biden has been depleting it periodically in the name of “Message: I care,” as his other policies have driven pump prices far above the level when he took office.
That’s the lowest the SPR has been in 40 years, providing enough to last only 17 days in a national emergency.
What a time to run low!
The Middle East may erupt any day, threatening oil exports from the region; Russian oil remains banned as its war in Ukraine rages on.
Yet Biden’s done everything in his power to halt domestic oil production, to please the Green extreme.
His team actually just bragged that they’re planning for just three potential oil and gas lease sales on federal territory — the “fewest” in “history” — over the next five years.
Their program “phases down oil and gas leasing in the Gulf of Mexico,” a Biden press release boasts, including “zero oil and gas lease sales in the Atlantic, Pacific and Alaskan waters.” Great.
US oil production has already fallen by as much as 3 million barrels a day, or nearly 20%, from its Trump-era trajectory, the Committee to Unleash Prosperity finds.
Meanwhile, Biden’s reckless economic plans — spending trillions — have rocketed up prices, including for oil and gas at the pump.
