No Virginia there’s no gas shortage. Biden admin to release 1 million barrels of gas, hoping to lower prices.
So now out of the blue, the Biden Administration is again hitting the oil reserves because we are going in to the summer months where his policy on gas will effect Americans the most. When was the last time this was done by Biden?
During the 2022 election, President Joe Biden drew considerable scrutiny for repeated tapping the Strategic Petroleum Reserve in a bid to drive down prices. U.S. Oil and Gas Association President Tim Stewart, at the time, accused him of using the reserve “as a campaign credit card to buy down political risk for the midterms.”