Tucker questions why the Biden administration is selling our most important assets to our enemies during an energy crisis of their own creation. Highlights include:
“The world’s fastest growing economies, that’d be India and China, are using more fossil fuels than ever, not less. So, why is every person in charge, from the people who make the ads at Nike to the energy secretary, to the president of the United States to every anchor on every channel on television telling you exactly the opposite?”
“We’ll give them the benefit of the doubt. At best, they’re ignorant. They’re not engineers, they are politicians and ideologues. They’re the ones telling you that boys can become girls just by wishing it so, and they’ve commanded the rest of us to believe that. But, unfortunately for them, the principles of social justice do not apply to power grids. You can’t just rename them and get something different.”
“Months before the war in Ukraine began and somehow Vladimir Putin secretly seized control of gas prices in the United States … before any of that happened, the magic happened. Sober people, a petroleum analysis firm called GasBuddy decided to do a simple calculation. They wanted to put rising gas prices in context. Here’s what they did: math.”
“They found this: From November of 2020 to November of 2021, that would be roughly from election day to the end of Joe Biden’s first year ‘running the country,’ gas prices in the United States went up by more than 66%. That was the single highest year over year increase since 2002, which happens to be the year that government started tracking those data.”
“In late March, in an act of desperation, Biden did maybe the worst thing that he has done since becoming president, and that’s saying a lot. He started to sell off one of this country’s most important natural resources, one of our most valuable assets. It’s called the Strategic Petroleum Reserve, the SPR. It’s controlled by the department of energy.”
“So, what Biden could have done is produce more oil domestically, but that would be too easy and too good for the United States and its long term interests. Instead, he decided to do something crazy and so dangerous that only someone who is intentionally trying to harm the United States would even consider it. But, most people never even noticed.”
“What he said is, we’re releasing a million barrels per day for a total of more than 180 million barrels from the Strategic Petroleum Reserve.”
“The reserve can hold more than 700 million barrels total, but it didn’t have that because Congress, by the way, as you haven’t been paying attention, has been selling off our petroleum reserve to pay off debt. So, by the time Joe Biden arrived, there was far less than that, there was about 568 million barrels.”
“Now, no president in American history has ordered a draw down this large.”
“Since Joe Biden started releasing all this oil from our reserves, which he does not own, you do, we do, what has happened to gas prices? They haven’t dropped. They’ve kept going up. In mid-June, the price of both regular unleaded and diesel, critically, hit all-time highs.”
“How could this be?”
“Now, thanks to a new report in Reuters, we know why. It turns out, the oil being released isn’t for us. It’s going to India and China. According to Reuters, ‘More than 5 million barrels of oil that were part of a historic US emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month. Cargoes of SPR crude were also headed to the Netherlands and to a Reliance refinery in India, an industry source said. A third cargo headed to China, another source said.'”
“The Biden administration is selling off our emergency oil reserves to China. That’s not an indictable offense? It’s certainly an impeachable one, and they should impeach him for that.”
“Now, if you’re keeping track, they didn’t even need it. China and India already have access to very cheap oil from Russia. Why? Thanks to the Biden administration’s lunatic ban on Russian oil imports, ‘for moral reasons.’”
“According to customs data, China spent $19 billion on Russian oil, gas and coal earlier this year. That’s double the amount they spent over the same period last year. India spend $5 billion on Russian oil, that’s five times what they spent a year ago, so we just made Russia a ton of money. That’s why the ruble is so strong as the dollar is getting weaker.”
“This is how we’re punishing our enemies? By selling off our own most valuable assets and watching Russia and India and China get richer? Now, on top of all that cheap Russian oil, China is getting petroleum from our emergency petroleum reserves.”
“We’re giving it away to a government whose whole goal is to displace us on the global stage and crush us. The Chinese will be cruel masters when they run the world, they’re not like us at all. By the way, that country, China, also happens to be a long time business partner of the Biden family. Now, a functioning Congress would investigate this immediately. The last president was impeached for, what? Having a phone call with some corrupt Ukrainian politician? But no, they can’t be bothered.”
Watch the video below and tell us what you think in the comments.
