Biden to Sell 26 Million More Barrels From Strategic Petroleum Reserve
Since taking office, Joe Biden has sold 267 million barrels from the United States Strategic Petroleum Reserve to keep gasoline prices low while he wages war on American energy dominance. But just because Biden has drained 42 percent of America’s emergency oil stocks, do not think he is done treating these stocks like a campaign credit card.
On the contrary, the Biden administration announced on February 14 that it would sell another 26 million barrels from the reserve. Granted, this latest release was prescheduled by Congress in 2015, but that was before U.S. lawmakers knew Biden would be doing everything he could to drain America’s emergency oil stash. And predictably, Biden’s Department of Energy did nothing to reverse this prescheduled sale.
All-time low: After the Organization of the Petroleum Exporting Countries refused to sell oil to America in the 1970s, the government established a reserve big enough to hold 727 million barrels of oil. It used this oil to get through crises like Operation Desert Storm, Hurricane Katrina and the First Libyan Civil War. Now, Biden is draining America’s oil reserves for political purposes.
Since Biden took office, the Strategic Petroleum Reserve has fallen from 638 million barrels to 371 million. It will likely drop to about 345 million barrels after this latest release unless the government starts buying oil soon. That is less than half what Biden started with two years ago.
Prophecy says: Democrats want gasoline prices to drop so Americans will continue supporting them, but they do not want to increase oil drilling since their ultimate plan is to switch to green energy. So, they are draining precious reserves the nation will need if it ever again experiences a 1970s-style embargo. This is dangerously shortsighted, as the Bible predicts an even greater embargo in the near future.
Almost 3,500 years ago, Moses recorded God’s promise to bless prophetic Israel (America, Britain and the Jewish state in the Middle East primarily) for obedience and curse it for disobedience. One of the many curses God said would come from disobedience was a trade siege (Deuteronomy 28:15, 49, 52). To learn how foreign nations will use the world’s natural resources to attack and besiege America, read “Superpower Under Siege,” Chapter 5 in Ezekiel—The End-Time Prophet, by Trumpet editor in chief Gerald Flurry.
