In 1975, the Strategic Petroleum Reserve was established after the Arab oil embargo sparked panic and long lineups at petrol stations all throughout the country. 

The subterranean reservoirs, which are thought to be the biggest in the world, were created as an emergency oil reserve in case of a real energy crisis endangering the country’s security.

The SPR wasn’t designed to deal with a political crisis when Joe Biden’s Democrats are in danger of losing the midterm elections due to inflation and ridiculous petrol costs of more over $6 per gallon brought on by the same president’s ideological assault on fossil fuels.

Withdrawing a million barrels per day for 180 days from the nation’s Strategic Petroleum Reserve, which is kept in large salt caverns beneath Texas and Louisiana, was part of Biden’s revealed proposal, which garnered harsh condemnation.

There is a lot of fossil fuel entering the market, since each barrel may create 44 gallons of petroleum goods.

However, it turns out that foreign customers would directly gain from burning up American reserves, contrary to what you may have expected and anticipated given all the publicity surrounding the Biden administration’s plans to lower petrol costs for his fellow citizens.

Millions of barrels of oil were sold by Biden’s Energy Department to the same energy firms that the president has been vocally criticizing for generating excessive profits off of gasoline sales.

A large portion of the oil that was just taken out of the SPR reservoirs is currently swirling about in enormous oil tankers as they go from American reservoirs to the more expensive international markets abroad.

Less local oil production in the present and the future will inevitably lead to more expensive imports from elsewhere. The national average for petrol prices at the time Biden was elected was $2.11. They went above $5 last month.

Even when Putin’s forces started to shell the cities and villages of Ukraine, the United States continued to purchase 740,000 barrels of Russian oil per day for a while.

The petroleum reservoir is depleting and is currently just 86% of its 714 million barrel capacity. Trump has stuffed the bunkers to the brim while in office by taking advantage of the drop in oil prices.