(05-20-2026 01:25 PM)UofMstateU Wrote:  Biden* did what Carter did and Obama did. They put regulations on the oil industry and it caused the price to spike, as they intended for it to. Once they realized that high gas prices were going to affect them at the poll, they released the SPR at massive rates.

This is not a both sides do it. The SPR was created for a reason. Trump's release falls under the reason the SPR was created. Trying to save your ass in an election isnt the reason the SPR exists. But every democratic president since Clinton has done it for that very reason.

You're ignorant, and a liar.

I've asked probably a dozen times. Please cite one regulation from Biden that caused the price of oil to spike.

AGAIN, the SPR releases under Biden were nearly all authorized by Congress under trump.

And unlike you, I show my work. You're just a dishonest troll. Sad.

Quote:Depleting the Reserve: Mandated Sales and Emergency Drawdowns
Over the last decade, Congress has increasingly used the SPR not as a strategic asset, but as a type of budget gimmick to “pay for” higher spending. The revenues from these sales are recorded in the federal budget as “offsetting receipts,” essentially treated as negative spending to make new outlays appear deficit-neutral. Since 2015, more than 350 million barrels have been authorized for sale by Congress from FY2017 to FY2031. These include:

- 58 million barrels under the Bipartisan Budget Act of 2015

- 66 million barrels under the Fixing America’s Surface Transportation Act (FAST) Act (2016)

- 35 million barrels under the 21st Century Cures Act (2016)

- 7 million barrels under the Tax Cuts and Jobs Act (2017)

- 100 million barrels under the Bipartisan Budget Act of 2018

- 15 million barrels under the America’s Water Infrastructure Act (2018)

Rather than reflecting strategic energy goals, Congress implemented these drawdowns in the above laws for the purposes of achieving budgetary offsets for new spending.

Politics Drained the Strategic Petroleum Reserve, Reforms Can Refill It Without Soaking Taxpayers