Biden to Continue Depleting U.S. Oil Reserves

The Biden White House on Wednesday lambasted OPEC and its allies for what it called a “shortsighted decision” to cut oil production by two million barrels per day. The move could lead to even higher gas prices in the United States.National security adviser Jake Sullivan and economic advisor Brian Deese released a statement on Wednesday criticizing the decision by OPEC. The US Strategic Oil Reserves are nearly half empty already due to Biden’s continued release of barrels in order to offset costs, while his administration hinders domestic o …

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