Big League Politics
The Biden administration is releasing 10-15 million more barrels of oil from the emergency reserves in pathetic and despicable attempt to lower gas prices temporarily to avoid brutal losses in the midterms.
Bloomberg News reporter Jennifer Jacobs broke the story:
Scoop: Biden admin to release another 10-15 million oil barrels from nation’s emergency stockpile in bid to balance markets/keep gas prices from climbing, sources tell @jendlouhyhc @AriNatter & me. It’s latest tranche from 180m-barrel plan. WH to also share plans to replenish SPR
— Jennifer Jacobs (@JenniferJJacobs) October 18, 2022