Crude Operator

 

Joe Biden released sold some of our strategic reserve oil to China, better known as our enemy. 

I had to read up on this a little. Oil is a world commodity and I didn’t want to make any obvious errors with how this is supposed to go. Nothing is worse than taking the bait on a story like that and finding out that, actually this is a normal thing for presidents to do. But it isn’t the case.

The Strategic Petroleum Reserve (SPR) is just what it sounds like, a reserve of energy should war happen. Other presidents have released oil from the reserve at different times. Mostly it’s during shortages or severe weather disruptions like Hurricane Katrina (George W Bush) or geopolitical disruptions like the war in Libya (Barrack Obama 2011). George Bush Sr. released 17 million during the first gulf war. It seems to be about keeping prices stable to offset traders bidding high on oil.

The SPR is run by the Department of Energy and purchased with tax dollars. President Biden promised to release a million barrels per day back in March. But it didn’t stabilize prices. They kept going up. Now we find out that China and Europe got some of our reserves, over 5 million barrels. Europe is an ally so it’s slightly less of an issue. But China? Really? Sinopec has a relationship with Hunter Biden, because of course they do. 

Letting your savings go to an adversary is either completely incompetent or malicious in the extreme. The whole point of a reserve is to use in case of a crisis. High gas prices are not a crisis. They’re an irritation. Especially when considering the disastrous anti-oil preferences of this administration, high prices are the point. Biden should leave the country’s reserve alone instead of raiding like teens in a liquor cabinet. It’s designed for international disruptions. That’s been the standard at least. At the very least though, use the oil for the people who paid for it.

If anyone thought this president was just incompetent, then moves like this should sort them out. Joe Biden isn’t running anything. Whoever is making these decisions is a green, dedicated to punishing the fossil fuel industry and making us less free. They shut down the Keystone XL with an executive order in the first 30 days of Biden’s presidency. This is after nearly 10 years of permits to satisfy environmental ‘concerns’. They’ve consistently shut down new leases for on federal lands, while the prices continue up. At a certain point I have to conclude that this administration hates capitalism and cares nothing about the independence of this country.

That may seem harsh, but energy is the lifeblood of any sovereign nation. Those without it have to buy it. The United States is blessed with natural resources in abundance. Energy is freedom and when you don’t have it you become dependent on others. Borrowers are slaves to lenders. Capitalism and the rule of law provide us with the ability to govern ourselves. It’s a blessing that few countries have and Biden and co. are trading it away willfully. Even if you take a more charitable view and insist that they just don’t understand geopolitics, you have to admit these moves are dangerous.

Some lessons we need to learn the hard way. I mean that in a personal sense but also in a national sense. People without a savings account live to regret it at some point. An uninsured car runs a red light and crunches your old Civic just after you drive it off the lot. The hot water heater floods the basement right after an expensive European vacation. Your youngest daughter needs braces and your discount insurance plan doesn’t cover them. The point is we have reserves for emergencies and we’re bleeding away our security to a ‘green’ cohort.

I wonder if this has always been the point. America has been the strong man in global affairs for the last century at least. Maybe the ‘greens’ are finally getting their way. It’s a tough lesson for those who don’t think left wing radicals are a genuine threat. I just hope we can bring the country back from their grip before it’s too late.