During the daily media briefing aboard Air Force One, President Joe Biden’s Press Secretary Karine Jean-Pierre told the gathered reporters that the OPEC decision to drastically cut oil production has shown that the middle-eastern nations are “aligning with Russia.”
Karine Jean-Pierre: “It’s clear that OPEC+ is aligning with Russia with today’s announcement.”
— The Post Millennial (@TPostMillennial) October 5, 2022
Jean-Pierre referred to a statement provided by the White House, stating that gas rates are down and that Biden will proceed to release millions of barrels of oil from the United States Strategic Petroleum Reserve, per his instruction to release 180 million barrels in March. The White House is reportedly requesting an increase in domestic oil manufacturing, and a reduction in prices.
“The SPR is located in a series of caverns along the Gulf coasts of Texas and Louisiana and has the capacity to hold 727 million barrels of crude oil. As of August 12, the U.S. Energy Information Administration reports that the reserve has been depleted down to 461.15 million barrels or approximately 63 percent of its capacity.”
Republican Sen. Ted Cruz of Texas raised the alarm Aug. 10 when he tweeted, “Biden is depleting America’s Strategic Petroleum Reserve. The U.S. now has the lowest amount of oil in our emergency stockpile since 1985. This is how much our reserves have dropped since Biden has been in office and it continues to fall,” including a graph depicting the SPR’s inventory.
The announcement from OPEC, Jean-Pierre said, demonstrates the reason Biden wants to pivot away from fossil fuels and impose reliance on an energy infrastructure centered on wind and solar energy on Americans, even though there is not nearly enough energy in those sectors to support the US economy.
Biden is depleting America’s Strategic Petroleum Reserve. The U.S. now has the lowest amount of oil in our emergency stockpile since 1985.
This is how much our reserves have dropped since Biden has been in office and it continues to fall: pic.twitter.com/FrRiZavbNF
— Senator Ted Cruz (@SenTedCruz) August 10, 2022
“Today’s announcement is a reminder of why it is so critical that the United States reduce its reliance on foreign sources of some fossil fuels with the inflation Reduction Act,” Jean-Pierre said. “We are making a historic investment in accelerating the energy, the energy to be the transition to clean energy as it relates to Russia.”