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Politics : Formerly About Advanced Micro Devices

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Brumar89

To: Tenchusatsu who wrote (1352550)	4/5/2022 11:54:01 AM
From: Qone0	1 Recommendation of 1584202

Actually it's both Trump and Bidens doing. Trump caused the rig count to crater by not propping up the price of oil and let it go negative during the lock down. Didn't add one barrel of oil to the strategic oil reserve during his time. The U.S. Strategic Petroleum Reserve was set up in the 1970s as an emergency source of oil in the event of unexpected supply disruptions. When Donald Trump took office as president in January 2017, the reserve held 695.1 million barrels of crude oil. The last full week before he left office in January 2021, it held 638.1 million barrels, or about 8% less. https://www.factcheck.org/2022/04/strategic-petroleum-reserve-oil-stocks-declined-under-trump-contrary-to-his-claim/ Biden has compounded this with the green agenda, the rig count is just now starting to recover. oilprice.com

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