As the election nears, the Biden administration prepares to lower gas costs by releasing gas reserves from the Northeast Gasoline Supply Reserve. 

A huge fuel release is underway, with 42 million gallons of fuel from storage facilities in New Jersey and Maine set to be distributed to regional retailers and terminals by the end of June, according to a Tuesday statement from the Department of Energy. We can look forward to additional releases in the immediate future. The idea is to fool the public into thinking gas prices have gone down when it’s just a very short-term and temporary election trick for a long-term problem. 

“This solicitation is strategically timed and structured to optimize its influence on gasoline rates, assisting to lower prices at the pump as Americans hit the road this summer,” the announcement checks out.

The Biden administration is prioritizing relief for American families by minimizing fuel costs, according to Secretary of Energy Jennifer Granholm. By tapping into the tactical reserve during the peak summer travel season, between Memorial Day and Independence Day, the administration intends to maintain a consistent flow of gas to the largely populated tri-state and northeast areas, offering important support to hardworking individuals when they need it most.

In 2022, the Biden administration tried to decrease fuel expenses by taking advantage of the nation’s emergency oil stockpile, the Strategic Petroleum Reserve, releasing an unprecedented 180 million barrels, with a substantial part going to the Chinese Communist Party and other international receivers.

Consequently, the Strategic Petroleum Reserve’s inventory has actually dropped to a historic low not seen in decades, with a simple 370 million barrels staying since May 10, a considerable decrease from the nearly 600 million barrels it held at the start of in 2015.

Despite assurances to the contrary, the administration has consistently postponed its strategies to restock the oil reserves. In April, the Energy Department once again ditched its objectives to renew the Strategic Petroleum Reserve, attributing the decision to raised fuel expenses and claiming a commitment to prioritizing the interests of taxpayers.

Daniel Turner, the creator and executive director of the energy advocacy Power The Future, revealed disbelief at the Biden Administration’s decreasing American oil production and later on cited high rates as the reason for not having the ability to replenish the critical reserve.

Turner said that Joe Biden tapped into the Strategic Petroleum Reserve (SPR), decreased our nationwide production in alignment with his ecological objectives, and now exposed our vital reserve more due to his lack of skills.

Released by: The Presidential Office of Biden, Energy Department, President Biden, Petroleum