Biden's Actions Left Oil Reserves 'Perilously Low'
The nation's Strategic Petroleum Reserve is at its lowest point since 1984 because of President Joe Biden's actions and limits on domestic drilling, Rep. Randy Weber told Newsmax on Tuesday.
"We are perilously low, and pulling oil out of there really didn't make a huge difference in the cost of oil," the Texas Republican told Newsmax's "Wake Up America," adding that it makes little sense for the Biden administration to congratulate itself for getting oil prices at about $80 a barrel, after a few years back, former President Donald Trump wanted to fill the reserves for about $20 a barrel.
The nation's Strategic Petroleum Reserve is at its lowest point since 1984 because of President Joe Biden's actions and limits on domestic drilling, Rep. Randy Weber told Newsmax on Tuesday.
"We are perilously low, and pulling oil out of there really didn't make a huge difference in the cost of oil," the Texas Republican told Newsmax's "Wake Up America," adding that it makes little sense for the Biden administration to congratulate itself for getting oil prices at about $80 a barrel, after a few years back, former President Donald Trump wanted to fill the reserves for about $20 a barrel.
