Sec. Wright Slams the Biden Administration for Draining the Strategic Petroleum Reserve

EXCERPT:

WRIGHT: “In 2022, coming into those midterm elections, the Democrats saw inflation was a problem. Things weren't going well for them. And they drained nearly half of the Strategic Petroleum Reserve to make those midterm elections go well for them. Sadly, it did help them. In the short term, they flooded the market --“
BECK: “Sure.”
WRIGHT: “-- with oil, reduced the price of oil in the short term, but at the cost of U.S. strategic positioning, and they damaged the facilities in the Strategic Petroleum Reserve by draining them so fast. So I have a few challenges. We have to spend over $100 million to repair the damage of the Strategic Petroleum Reserve that wasn't built for that. And by design, it's much slower to fill it than to drain it.”