Alex Epstein

@AlexEpstein ↗

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Last Checked Nov. 10, 2022

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Wed Nov 02 15:52:36 +0000 2022

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Alex Epstein @AlexEpstein

The over 638M barrels of oil in the SPR when Biden took office were supposed to be used for "emergency" "interruptions" such as "sabotage" or disaster. Today’s situation does not qualify: it is essentially a long-term oil security and price problem caused by anti-oil policies. — PolitiTweet.org

Posted Nov. 2, 2022

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Alex Epstein @AlexEpstein

The proper response by Biden to Europe’s/our vulnerability to Russia and to rising oil prices would have been: apologize for supporting anti-oil policies and lead a reversal of them to minimize further damage to our security and economy. He chose instead to abuse the SPR. — PolitiTweet.org

Posted Nov. 2, 2022

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Alex Epstein @AlexEpstein

If not for global anti-oil policies, Russia’s Ukraine invasion and the subsequent embargoes would be much less consequential. Indeed, they would have been an opportunity for US producers to grow their market shares, as they did in the recent past when breaking the OPEC+ cartel. — PolitiTweet.org

Posted Nov. 2, 2022