The White House has decided to raid yet another strategic oil reserve, intended for use during more extreme emergencies, all in a bid to combat escalating gasoline prices before the midterm elections.
According to a recent report from The Hill, the Biden administration is attempting to reduce rampant inflation across the nation by raiding the diesel fuel strategic reserves in a bid to reduce fuel prices. The recommendation for raiding the reserve apparently originates from an entire team of advisors who are currently monitoring the diesel supply on the East Coast.
The advisory panel informed the Hill that it has recently “prepared emergency declarations for [the White House] to authorize [the release of diesel fuel] from the Northeast Home Heating Oil Reserve if conditions deteriorate.”
The panel added that their recommendation serves as “a bridge to deal with short-term supply shortfalls.”
Originally created in 2000, the Northeast Home Heating Oil Reserve presently holds one million barrels of home heating oil. By raiding this reserve, the White House would acquire enough fuel to satisfy a grand total of one day’s demand.
Moreover, the only time that the oil reserve was previously accessed occurred during Obama’s administration in 2012, namely when Hurricane Sandy struck New York City and naturally resulted in an emergency shortage of fuel.
Strategic petroleum reserves, in other words, are generally not raided simply to lower prices or to achieve political benefits for the party in power during an election year.
In its usual accountability dodging fashion, the White House has fervently denied any role it has played in the economic woes gripping the nation, instead insisting that high gasoline prices can be attributed to Russian President Vladimir Putin.
According to various White House sycophants, the invasion of Ukraine is responsible for the rise in fuel prices, in spite of the fact gasoline prices began to appreciate significantly shortly after Biden became president.
In Democrat-heavy New England, current fuel prices stand at $6.43 per gallon on average.
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