Friday, July 8, 2022

Shocking Amount Biden's Emergency Oil Reserves Ended Up in China, Europe By Michael Austin, The Western Journal July 5, 2022

How did China get access to the American petroleum reserve?

Many Americans are now asking that question thanks to a Tuesday report from Reuters.

According to the report, millions of barrels of oil from the United States’ Strategic Petroleum Reserve (SPR) were exported to Europe and Asia in June as the U.S. continued to face an economic crisis.

The barrels were initially released as part of a “historic” effort to lower domestic fuel prices before making their way overseas.

“More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs,” Reuters reported.


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