Investor’s Edge with Gary Kaltbaum


Stock Photo

There is not much further for you to fall if you are in the Biden Administration. Failed Economic Policy, botched withdrawal from Afghanistan, and terrible energy policies. Now in an effort to save himself from the sinking ship President Biden has sold oil he released from the strategic oil reserve that was meant to curb rising gas prices from his own policies.

Joe Biden sold released a million barrels some of which have been sold to China. Since November of last year we have released 260 Million Barrels to the public. But this was an attempt to curb prices for Americans. Sen. Josh Hawley of Missouri has reached out to the Energy Secretary for a response but they have not at the time of writing this article. writing in the letter Sen. Hawley said:

“While Americans are paying record gasoline and diesel fuel prices, the Biden administration appears to have been letting our strategic oil stockpiles flow to foreign countries and entities. Critically, the American people deserve answers as to how exactly the Department justified sending oil from the SPR to China. DOE’s recent transfer of nearly one million barrels of oil to UNIPEC is just one concerning example,”

[Source Daily Caller]

Sign me up for the Money Talk 1010AM email newsletter!

Get the latest news on what's happening in the Tampa Bay area, first look at behind the scenes photos and videos from your favorite teams and more!

By clicking "Subscribe" I agree to the website's terms of Service and Privacy Policy. I understand I can unsubscribe at any time.