GOP questions misuse of Strategic Petroleum Reserve

 The Hill:

Republicans are examining what they described as the “potential misuse” of the nation’s oil reserves by the Biden administration, they said in a new letter released Thursday.

Thirteen Republicans on the House Oversight and Reform Committee wrote to the Energy Department requesting documents about releases from Strategic Petroleum Reserve that were aimed at bringing down gasoline prices.

They also requested documents on whether the administration planned to ban the export of any fuels amid the administration’s call for energy companies to limit their exports of refined products like gasoline and diesel.

The administration has not said whether it would pursue a ban.

“We request documents and information to learn more about the Administration’s potential plans to ban oil and gas exports, as well as the Department of Energy’s (DOE) role in the potential misuse of the Strategic Petroleum Reserve (SPR) as a means to increase domestic fuel supply,” the lawmakers wrote in a Wednesday letter.
...

There is concern that Biden is using the SPR to lower prices in the run-up to the 2022 elections.  I am of the opinion that Biden has totally mismanaged US energy production and is using the SPR to hide that fact.  He has been restricting production on US federally control sites. The US should return to the Trump energy policy which would lower prices and also make it more economical to replace SPR oil that Biden has been wasting.

See, also:

Mehmet Oz: Boost Wages to Historic Levels by Unleashing Energy Jobs

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