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Oil from U.S. reserves sent overseas as gasoline prices stay high


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Posted

"

HOUSTON, July 5 (Reuters) - More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs."

https://www.reuters.com/business/energy/oil-us-reserves-head-overseas-gasoline-prices-stay-high-2022-07-05/

Posted

Reuters doesn't seem to want to get specific but China and India are among the big gobblers up of America's emergency oil reserve, oil. 

Bury the lede much, Reuters?

And Tucker is pissed.

 

Posted

Where are the Biden supporters who will twist and turn and tell us how this can possibly make sense?

"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it." Thomas Sowell

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