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Timcast News

Biden Announces He's Selling MORE US Oil Reserves, Media Smears Trump As GOP SLAMS Sale To China

Timcast News

Timcast Media

News, Politics

4.67.4K Ratings

🗓️ 26 July 2022

⏱️ 79 minutes

🧾️ Download transcript

Summary

Biden Announces He's Selling MORE US Oil Reserves, Media Smears Trump As GOP SLAMS Sale To China. Media Claims Trump did the same while ignoring the context around Hunter Biden and the Recession.


Biden White House says selling off Oil from the Strategic Oil Reserve has lowered gas prices by 40 cents. The claim is nebulous and hard to prove. Maybe its true but at any rate the move is arguably illegal.


Republicans want to know why SPR Oil was sold to China and its simple, oil was sold to the highest bidder. While this may lower prices by increasing supply the total amount sold seems negligible.


Could it be the real reason for the sell off is to supply Europe fuel for the war in Ukraine with Russia?


#biden

#oilreserves

#democrats



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Transcript

Click on a timestamp to play from that location

0:00.0

Today is July 26, 2022, and our first story.

0:05.5

The Biden administration has announced the further sale of more of our strategic petroleum

0:10.4

reserve, 20 million barrels will be sold.

0:13.3

The current controversy surrounds large portions of our emergency reserve being sold off to

0:18.5

Europe and China, going to the highest bidder.

0:21.8

Many are questioning why the White House is selling off our oil at a time of emergency.

0:25.7

In our next story, Matt Gaetz says pro-choice activists are fat and ugly.

0:30.7

Maybe a little crass, but he's not wrong.

0:33.0

Science proves conservatives tend to be more attractive.

0:36.6

And in our last story, Democrats are trying to claim that they're pro-law enforcement?

0:42.7

Well, no one cares because the new data from Redvin shows people fleeing Democrat cities

0:48.5

for Florida and Texas.

0:50.4

If you like the show, give us a good review, leave us five stars, share the show with your

0:53.9

friends.

0:54.9

Let's get into that first story.

1:02.7

Just when you thought it couldn't get any worse, the Biden administration has announced

1:06.3

they will be selling an additional 20 million barrels of the US strategic petroleum reserve.

1:12.6

That's right, our oil is going to be sold on the global market again, and I can already

1:17.6

hear the hit pieces criticizing me for calling this out.

1:21.2

The SPR is not supposed to be used to lower gas prices, and that's what Joe Biden is doing,

1:28.0

and it's what Democrats claim they're doing.

1:30.8

That by releasing this oil into the global market, they will reduce the prices for all

...

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