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Author Topic: Schumer presses Biden to tap oil reserves to lower gas prices  (Read 113 times)

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Online mystery-ak

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Schumer presses Biden to tap oil reserves to lower gas prices
« on: November 14, 2021, 11:10:50 pm »
Schumer presses Biden to tap oil reserves to lower gas prices
By Monique Beals - 11/14/21 05:24 PM EST

Senate Majority Leader Charles Schumer (D-N.Y) urged the Biden administration on Sunday to make use of emergency petroleum reserves in an effort to lower gas prices ahead of the holiday season.

"We're here today because we need immediate relief at the gas pump and the place to look is the Strategic Petroleum Reserve," Schumer said during a press conference in New York on Sunday, according to Reuters.

"No industry is spared. But fuel gasoline is the worst of all," Schumer said of the ongoing supply chain disruptions. "Let's get the price of gas down right now. And this will do it."


But analysts have said that making use of the reserves would provide only a short-term solution and wouldn't increase the country's production capabilities, Reuters reported.

While Biden has not committed to tapping the U.S. Strategic Petroleum Reserve, which is located in caverns on the coasts of Texas and Louisiana, Energy Secretary Jennifer Granholm has said he's considering it.

“That's one of the tools that he has, and he's certainly looking at that,” Granholm said last weekend  on CNN.

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https://thehill.com/policy/transportation/581494-schumer-presses-biden-to-tap-oil-reserves-to-lower-gas-prices
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Offline Killer Clouds

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Re: Schumer presses Biden to tap oil reserves to lower gas prices
« Reply #1 on: November 14, 2021, 11:31:59 pm »
OMG! These DCP disciples are so freaking stupid. I'm surprised they remember to breathe. The only way Traitor Joe can recover from this is to reverse everything he destroyed on day one. The DCP is obviously too stupid to realize that.
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Offline Hoodat

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Re: Schumer presses Biden to tap oil reserves to lower gas prices
« Reply #2 on: November 14, 2021, 11:52:35 pm »
Isn't this the same petroleum reserve that Trump filled when prices were low?
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Offline christian

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Re: Schumer presses Biden to tap oil reserves to lower gas prices
« Reply #3 on: November 15, 2021, 01:05:32 am »
When socialist Joes intentions are America's destruction, and that's quite obvious now, Joes not stupid to get this far orchestrating Americas destruction.  As stated here long ago, this ends with mushrooms growning high over Americans main cities.  Choose, fried or burnt to a crisp?
 (Its not like you didn't get ample warnings).
 :amen:
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