President Joe Biden denied claims that his releasing of millions of barrels of oil from the Strategic Petroleum Reserve is 'politically motivated' as November's midterm election approaches. Read more:
from the Strategic Petroleum Reserve was a"politically motivated" move, despite the announcement coming less than three weeks from the midterm elections.
"It's not politically motivated at all," Biden told reporters on Wednesday."It's motivated to make sure that I continue to push on what I've been pushing on, and that is making sure there's enough oil.", which is set to come sometime in December, is the last of the barrels remaining from the 180 million barrels he ordered the Energy Department to disburse back in March.
Asked what he had to say to critics who called the move a PR stunt, Biden said,"Where have they been the last four months? That's my response." "The problem is these guys were asleep. I don't know where they've been," the president added."The price at the pump should reflect what the price of a barrel of oil costs. And it's not going down consistently."
President Joe Biden speaks at a Democratic National Committee event at the Howard Theatre on October 18, 2022 in Washington, D.C. On Wednesday, Biden ordered the release of the last of the barrels of oil set aside by his March plan.
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