Here’s the story being pushed:
Sounds good, doesn’t it? But do you see the deception in that headline? Because it is intentionally deceptive. It is written to make you believe Biden has done something to cut gas prices. Well, not so fast…
Here is what they are not telling you:
In 2020, consumption of finished motor gasoline averaged about 8.03 million b/d (337 million gallons per day), which was equal to about 44% of total U.S. petroleum consumption….What are the petroleum products people consume most?
|Product||Annual consumption (million barrels per day)|
|Total petroleum products||18.120|
Ah, do you see what I see? The U.S. uses some 18.12 million barrels of oil per day! OK, so, maybe Biden isn’t actually helping us very much. But, before we can make any real conclusions from this, we need to know how much oil Biden is actually releasing. So, let’s look:
Biden is going to release some 50 million barrels of oil. OK, calculator time tells us that is less than three days of total usage. And here’s a little secret they won’ tell you:
SOME OF THAT STRATEGIC OIL RESERVE WILL BE SOLD TO OTHER COUNTRIES!
Yes, that is absolutely correct.
So, what is the lesson here. First, 50 million barrels will not make a dent in the annual oil usage numbers. What’s more, it does not account for the fall in oil prices — especially in light of the global shortage resulting from supply interruptions caused by the war in Ukraine. Which means that all of this was nothing more than an intentional propaganda ploy designed to get people to believe Biden is doing what he can to lower gas prices, but it is largely out of his hands.
I’ll end with one more dirty little secret:
THE HIGHER GAS PRICES HAVE BEEN ARTIFICIALLY CREATED BY BIDEN AND HIS HANDLERS!
Yes, this is absolutely true, but that is a subject for another post…