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Joe Biden has allowed FIVE MILLION barrels of oil from US national supply to be shipped abroad after claiming they'd be released to help lower soaring gas prices
[Daily Mail, where America gets its news] See also here. - Joe Biden on April 21 announced the largest-ever release of oil from the Strategic Petroleum Reserves, in a bid to reduce soaring energy costs
- The move has put one million additional barrels on the market per day on average, every day, and will continue for six months, until October
- Yet in June more than five million barrels were exported to Europe and Asia, despite the record price highs in the United States
- Phillips 66 shipped about 470,000 barrels of sour crude from Texas to Trieste, Italy
- Atlantic Trading & Marketing (ATMI), an arm of French oil major TotalEnergies, sent 1.12 million barrels
- Cargos of oil were also sent to the Netherlands, India and China and more will leave Louisiana in July
Posted by: Skidmark 2022-07-06 |
