Wednesday, November 24, 2021

Media fact-checkers missed another one!-----Much of Biden’s Oil Release Will Likely End Up in China, India

Much of Biden’s Oil Release Will Likely End Up in China, India
  • Supplies will consist of sour crude U.S. refiners are shunning
  • Asian countries have been active buyers of U.S. sour crude
"A large portion of the barrels that will be offered from the U.S. Strategic Petroleum Reserve will likely be exported to China and India, traders said.
...The U.S. has already been selling oil from the SPR regularly this year, and a record volume of those barrels was exported in October...Read all.

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