4.8 • 56 Ratings
🗓️ 1 April 2022
⏱️ 35 minutes
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0:00.0 | I'm Deja Boza and you're listening to see and be seen |
0:02.8 | check our show is live weekdays at 11 a.m. Eastern listening |
0:07.1 | yesterday I authorized the release of 1 million barrels per day for the next six |
0:12.3 | months from our strategic petroleum reserve. |
0:16.0 | Acknowledged this by far is the largest release of our national reserves in our history. |
0:21.0 | It is a wartime bridge is the way I look at it. in our |
0:25.0 | oil-time bridge is the way I look at it to increase our oil supply as we work with our oil |
0:28.0 | U.S. oil producers to ramp up their production |
0:31.0 | to get us through this period. I've coordinated this release |
0:34.9 | with partners and allies around the world. This morning over 30 countries |
0:40.0 | from across the world convened in an extraordinary meeting and agreed to the release of |
0:45.8 | tens of millions of additional barrels of oil onto the market. Hundreds of hours of meetings with key allies keeping them together is paying off. |
0:56.8 | Nations are coming together to deny Putin the ability to weaponize his energy resources |
1:00.9 | against American families, not only American families, but families in Europe and around the world. |
1:06.0 | I've also made it a priority to get America's fiscal house in order. |
1:10.0 | Under my predecessor, a federal budget deficit went up every single year, every year. |
1:17.6 | As I committed when I was running us and I got here, we're going to turn that around. |
1:21.8 | In fact, last year in 2021, we cut the federal deficit by more |
1:26.3 | than 350 billion dollars. And this year in 2022, we're on track to cut the deficit by more than 1.3 trillion dollars. |
1:38.1 | 1.3 trillion. |
1:40.2 | That would be the largest one-year reduction in a deficit in U.S. history. |
1:44.0 | And it's particularly important now as we work to reduce pressures on inflation. |
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