May 10, 2022 | Rapid Response | RNC Communications
Democrat Fails, Hypocrisy, and Lies

Biden on oil: sell low and buy high

Rapid Response

Biden and Democrats are so incompetent at economics they literally want to sell low and buy high.

  • Democrats in March 2020 when oil was only around $20 per barrel actually bragged about stopping President Trump from filling the Strategic Petroleum Reserve.

Experts warned Biden’s release from the Strategic Petroleum Reserve would be less than a Band-Aid on rising prices, especially as he continues to attack American energy production. Not only that, experts warned that it could actually increase prices in the long run when the reserve needed to be refilled.

Now, with gas prices back at record highs, it’s clear Biden’s “strategy” did little if anything to help Americans with their energy bills.