alt Hacker NewsTrump got all the oil producers together in a room and put together a deal to restrict oil production during COVID.
This, naturally, resulted in higher oil prices, which the Republican party blamed Biden for.
They truly have no shame.
Trump got all the oil producers together in a room and put together a deal to restrict oil production during COVID.
This, naturally, resulted in higher oil prices, which the Republican party blamed Biden for.
They truly have no shame.
This is not true. Don't make things up.
In 2015 the SDR was authorized to sell $2 billion worth of oil during FY2017–2020 and use the proceeds for infrastructure upgrades and life-extension work at the reserve's aging storage facilities.
There were also sales between 5 and 10M barrels a year to fund the "21st Century Cures Act" (https://www.npr.org/sections/health-shots/2016/11/25/5031763...)
The background to this was the increased domestic oil production which made the SDA seem less necessary.
https://www.eia.gov/todayinenergy/detail.php?id=29692