April 22, 20222 min read, 468 words
Published: April 22, 2022 | 2 min read, 468 words
A former Trump administration official suggested that President Joe Biden’s recent release of 180 million barrels of oil from emergency stockpiles is unlawful.Biden’s action violated the 1975 Energy Policy and Conservation Act which the Strategic Petroleum Reserve (SPR), Mark Rob...
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Great Context
April 22, 2022
A lot of great research and context here, squeezed into a short read. This is an important story for U.S. readers because Biden is setting a precedent that could be further abused by future presidents who may want to lower gas prices or address inflation ahead of a presidential election for example. These stockpiles exist for clearly stated reasons, and it's true that this move, although it will likely be greeted with applause from those who are suffering under rising gas prices, is unwise from a broader strategic and national defense standpoint.
April 22, 2022