Canary CEO Dan Eberhart condemned Biden for promoting American oil from the Strategic Petroleum Reserve, telling “Varney & Co.” the “untold story” is the federal government will probably be available on the market competing with shoppers, hanging a flooring underneath fuel costs, all so Democrats may have a political merit.
DAN EBERHART: If I had hair I’d pull it out over this. A large number of the oil we bought final yr China purchased at the open marketplace. We are promoting American treasure, and China is purchasing it, beefing up its strategic petroleum reserve. It is an entire split-screen crisis for America. The untold tale is in 2023 we’re going to spend this yr including to the reserves.
BIDEN WOULD VETO HOUSE GOP RESTRICTING PRESIDENT’S ABILITY TO DRAW FROM STRATEGIC PETROLEUM RESERVE
So the federal government will probably be available on the market competing with you as a client purchasing fuel, hanging a flooring underneath the cost of fuel. All this so the Democrats may have the merit within the election with decrease oil costs in November 2024. I feel the weaponization of the Strategic Petroleum Reserve is blasphemy and electorate must no longer praise this sort of conduct.