It is hard at this point to say exactly what Press Secretary Karine Jean-Pierre knows about the Biden White House. On Tuesday, she appeared to be broadsided by a question about America selling off the country’s ’emergency’ oil reserves. Watch:
“There’s a Reuters report out this morning that says that more than 5 million barrels of oil that were released from the emergency oil reserves were exported to Europe and Asia last month, and some of it reportedly was actually heading to China,” the reporter asked. “Is the administration aware of those reports? And does the President mind that some of this oil that was meant to ease pain for consumers is headed overseas?”
“I have not seen that report, so I would honestly have to go look into it and see what the truth is in that statement that you just laid out and see exactly what’s happening,” she replied. “I just have not seen that report.”
According to the Reuters report: “More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.”
“The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices,” the report added.
“Cargoes of SPR crude were also headed to the Netherlands and to a Reliance (RELI.NS) refinery in India, an industry source said. A third cargo headed to China, another source said,” according to the report.
“Crude and fuel prices would likely be higher if (the SPR releases) hadn’t happened, but at the same time, it isn’t really having the effect that was assumed,” Matt Smith, lead oil analyst at Kpler, told Reuters.
The Biden administration appears to be doing more that is in China’s interest than is in Americans’ interest. This latest report that the nation’s emergency oil reserves is being sold off to its enemies as many families struggle to pay their bills is just more evidence that the White House has abandoned Americans.
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