Bipartisan votes passed this legislation. All 218 voting Republicans and 113 Democrats supported the Protecting America’s Strategic Petroleum Reserve from China Act, while all 97 “no” votes came from Democrats. During a speech on the floor, McMorris Rodgers pointed out that the Biden Administration selling oil out of the reserves to China threatens national security.
Category:
Oil
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The government report says The Biden Administration published a report required by Congress that shows what the benefits would have been if the federal permits for the Keystone XL Pipeline had not been canceled. This report is meant to show that there would have been economic benefits to the Keystone XL Pipeline if that permit had not been revoked. The Department of Energy (DOE) completed the report in late December without releasing a public comment about the report at that time. However, the report that has come out now says that the Keystone XL Pipeline would have created between 16,149…
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The last time he sold our oil reserve, he didn’t put it all into US supply, he sold to other countries like China, etc. And 10% of it that got that oil was partially owned by Hunter Biden. We will have ZERO reserve oil supply by year end! If the energy grid is struck in the Permian or Appalachian ~ we would have no supply for every day use or natural gas to heat homes.
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https://t.co/wGyakKzNEW First you’ll see the steady increase that Trump had enabled. Why did it drop, Biden EO’s restricting O&G. Zooming in, you’ll see a drop and a slow 18 month recovery to the same trajectory. You add those up, it is triple digit millions that you have to make up where he f’d up the supply & now is dealing with demand issues.
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After Biden announced all fossil fuels will be gone, massive layoffs in O&G found workers in another career and never to come back to O&G
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