Biden May Tap Strategic Petroleum Reserve Amid Rising Fuel Prices

Polls recently released show that Biden’s approval numbers have sunk below 40%.

President Joe Biden’s approval rating fell to a new low of 38% in a USA Today/Suffolk University poll released on Sunday, with 59% disapproving of the job he is doing as chief executive….Results of the poll include:

Fear that the numbers will plummet even farther amid rising fuel prices is likely one of the driving reasons the occupant of the Oval Office is considering tapping into the Strategic Petroleum Reserve.

President Joe Biden may soon tap into the nation’s Strategic Petroleum Reserve to boost domestic energy supply as prices continue to soar heading into winter, according to Energy Secretary Jennifer Granholm.During an interview with CNN’s Dana Bash, Granholm said the president’s decision could hinge on a forecast due this week by the U.S. Energy Information Agency. Granholm also discussed OPEC’s resistance to the administration’s calls for increased production after it took 10 million barrels per day off of production in response to the pandemic.“They have chosen this past week not to do that, so that is going to increase the chokehold on access to affordable fuel at the pump,” Granholm said.

As a reminder, Biden’s repellent Secretary of Energy laughed hysterically at the idea that Americans are suffering or that America has no control over gas prices. This more tempered concern for fuel prices is likely also attributable to the backlash from Granholm’s recent clown show.

Granholm offered this additional consolation for Americans: Be grateful you are not European.

“We are in a slightly beneficial position, certainly relative to Europe, because their chokehold of natural gas is very significant. They’re going to pay five times higher,” Granholm told Bash.”But we have the same problem in fuels that the supply chains have, which is that the oil and gas companies are not flipping the switch as quickly as the demand requires,” she added. “That’s why the president has been focused on both the immediate term and the long term.”

Granholm certainly vibes quite well with the Brandon Administration’s “Lower Your Expectations” mantra.

Tags: Biden Energy Policy

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