Biden Is Running U.S. Energy Security Into The Ground

Biden Is Running U.S. Energy Security Into The Ground

OilPrice.com

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The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March. Also this week, President Biden said there would be “consequences” for Saudi Arabia’s decision as a member of OPEC+ to reduce its oil production in response to market conditions, which is OPEC+’s official motive for the move. One of the possible “consequences”…

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