by Madaliene Hubbard at Just the News
While U.S. Strategic Petroleum Reserve stockpiles have fallen to their lowest level since 1985, every congressional Democrat voted Wednesday to continue sending oil from the SPR to China.
Supplies have continuously dwindled since President Joe Biden entered office, but they started rapidly declining after Russia invaded Ukraine. In response, Biden sold millions more barrels from the reserves in April.
During Biden’s first month in office, the U.S. had about 638 million barrels in its reserve. By March, one month into Russia’s invasion of Ukraine, reserves had fallen to 565 million barrels, and by July, 480 million barrels were left in the SPR, according to data from the U.S. Energy Information Administration.
America’s reserves have not been so low since June 1985, when the country was still building the SPR.
Last week, Biden touted his actions to bring down oil prices…
Continue Reading