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Then and now - 2


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2022 May 10, 10:44am   170 views  0 comments

by Eric Holder   ➕follow (5)   💰tip   ignore  

Then:

Democrats proudly rejected an effort from former President Donald Trump in March 2020, when the WTI benchmark declined to just $14.10 per barrel, to buy 77 million barrels of oil for $3 billion to replenish the SPR.

New York Sen. Chuck Schumer, the top Democrat in the Senate, said that he had successfully removed the "$3 billion bailout for big oil" from the legislation.


Now:

The Biden administration announced plans Thursday to refill the Strategic Petroleum Reserve (SPR) two years after Democrats blocked the Trump administration's similar but cheaper proposal.
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