Today, Donald Trump made a brilliant move in waiting to see how the market responded to Biden’s latest move before commenting.
Biden plans to release 50 million barrels of oil from our reserves, a move intended to lower gasoline prices.
Trump had two plans of attack, but all he needed to see was how the market would react, and when the prices soared, Trump went to work hammering Biden.
My opinion always was that this was a no-win situation for Biden.
If prices went down, Trump gets credit for having the oil there in the first place.
When the prices did not go down, at least not yet, Trump took a different approach.
Trump hammered Biden for hitting the reserve as a bailout rather than a national emergency.
The former president stated, “For decades our country’s very important Strategic Oil Reserves were low or virtually empty in that no president wanted to pay the price of filling them up.
“I filled them up three years ago, right to the top, when oil prices were very low.
“Those reserves are meant to be used for serious emergencies, like war, and nothing else. … We were energy independent one year ago, now we are at the mercy of OPEC, gasoline is selling for $7 [a gallon] in parts of California, going up all over the country, and they are taking oil from our Strategic Reserves.
“Is this any way to run a country?”
We need to keep pushing the narrative that this would never have happened had Biden allowed Trump’s energy policies to stay in place.
Biden created this mess; now, he is putting the nation at risk to bail himself out of a political jam.
Source: Just the News