Democrats want to waste strategic petroleum reserve to finance EVs

 Washington Examiner:

House Democrats are seeking to turn the nation's Strategic Petroleum Reserve, an emergency store of crude oil, into an investment tool that can be leveraged to make the government money when prices are high and to fund electric vehicle infrastructure.

Rep. Frank Pallone (D-NJ) and eight Democratic co-sponsors introduced legislation on Monday that would expand the federal government's participation in oil markets, including by giving the president and Department of Energy new authorities to sell reserve oil outside of the circumstances generally provided under current law: emergencies and congressionally mandated sales.

US PETROLEUM EXPORTS HIT NEW RECORD IN FIRST HALF OF 2022

The Buy Low and Sell High Act would give the president the authority to designate a portion of the reserves as the “Economic Petroleum Reserve” and grant the Energy Department, which manages the Strategic Petroleum Reserve, the ability to sell barrels from the Economic Petroleum Reserve when oil is trading high.

This new Economic Petroleum Reserve would consist of no more than 350 million barrels of oil, and the "buy low" constraints would limit the Energy Department's purchases to domestically produced crude oil sold at $60 per barrel or below. The department would be permitted to then sell the oil when prices exceed $90 per barrel on the U.S. West Texas Intermediate benchmark.

Proceeds earned on the barrels would then be marked to help states fund more electric vehicle infrastructure.

...

This looks like another reason to vote against Democrats.  EVs should have to generate their own infrastructure.  If they were better vehicles at a better price they would be able to do it. 

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