Sen. Cassidy: Strategic Petroleum Reserve at 37-Year Low in Face of Hurricane Because Biden Used It to Compensate for Bad Policies

On Tuesday’s broadcast of the Fox Business Network’s “Fox Business Tonight,” Sen. Bill Cassidy (R-LA) stated that the Strategic Petroleum Reserve is at a 37-year low in the face of Hurricane Ian making landfall in Florida because President Joe Biden drained the reserve in a “political move” to compensate for his bad energy policies.
Host Sean Duffy said, “[T]he Strategic Petroleum oil Reserve [is] at a 37-year low. We have that reserve for what we see happening in Florida right now when you have a hurricane hit or a disaster hit, something that’s unforeseen, [so] that we can tap into that reserve to shore up American supply. Joe Biden has used it just to drive down prices, in — I would argue — in anticipation for the midterm elections trying to help his party.”