Joe Biden took a seat for an interview with far-left CNN hack Fareed Zakaria to talk about a range of subjects.
” The rate of oil is really down, not up,” Biden stated.
This is a lie.
Oil costs are up and gas rates are still greater now than when Biden took workplace.
WATCH:
BIDEN: “The cost of oil is really down, not up.”
Oil rates ended recently at a nine-week high and gas costs stay $1.16/ gallon greater than when Biden took workplace. pic.twitter.com/z5NuxR26 WZ
— RNC Research (@RNCResearch) July 9, 2023
Joe Biden took our Strategic Oil Reserve to its least expensive level because 1983.
On Monday, the U.S. Department of Energy (DOE) revealed that it will buy approximately 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) after the Biden program strongly drained pipes the United States stockpile.
A record-breaking 180 million barrels were launched from the SPR by the Biden routine. According to the United States Energy Information Administration, the SPR held about 638 million barrels of oil when Biden took workplace in January2021 It has actually dropped to its most affordable level considering that October 1983 today, at 362 million barrels.
Recall, Joe Biden wished to fill the Strategic Reserves with $80 per barrel oil Simply 3 years ago the Democrats obstructed President Trump from filling the Strategic Oil Reserves at $24 per barrel.
The post Joe Biden: “The Price of Oil is Actually Down, Not Up” (VIDEO) appeared initially on The Gateway Pundit
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