Spending like there is no tomorrow - Strategic Petroleum Reserve

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Our Nation had the infamous gas shortages of the 1970's - President Carter.
We created the Strategic Petroleum Reserve in 1975 to hold a stockpile so that we would never be caught short again.

Joe Biden is drawing it down - it is now lower than it has ever been since 1985 when record-keeping started.
It helps keep our gasoline prices down but this leaves us with none in case a real emergency happens.

He could have added capacity - done what President Trump did.  But nooooo...
This is not going to end well.

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This page contains a single entry by DaveH published on May 24, 2023 8:18 PM.

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