There’s literally nothing the Biden administration can do to stop the current Oil rally unless of course they desperately sign a favourable deal for Iran. I’ll say it again Biden is the worst president since Bush.
“While tapping the strategic reserve might provide short-term price relief for Americans buying gas at the pump, it carries risks. It could set an uncomfortable precedent, as the reserve -- currently at more than 612 million barrels -- is intended primarily to cushion the blow from economic catastrophes, such as hurricanes or other natural disasters.”
-Bloomberg
There’s literally nothing the Biden administration can do to...
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