Biden’s drained SPR and now we might need it

On Thursday’s show of Fox Business Network’s “Kennedy,” Rep. Buddy Carter (R-GA) said we now find ourselves in a situation where we may need the Strategic Petroleum Reserve for what it is actually designed, but the reserve has been emptied by President Joe Biden.

Host Jackie DeAngelis asked, [relevant remarks begin around 1:35] “Obviously supplies are going to be needed in Florida. Those are the kinds of things we keep the SPR for, emergencies in the country that result from a natural disaster. If the situation escalates in Georgia, the Carolinas, and all of a sudden we find ourselves needing more supplies than expected when the administration and the president [have] allocated these supplies, basically, just to drive down the price of gasoline because of high inflation, your thoughts on where we stand as a country in this area.

Carter replied, “Well, that’s a great point. And that’s what the reserves are for, for emergencies, not to drive the price of gas down so they can drive down inflation, which is what the Biden administration used it for. Now we find ourselves in a situation where we may need it.

Follow Ian Hanchett on Twitter @IanHanchett


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