Trump: We are at the mercy of OPEC

Trump: We are at the mercy of OPEC
Trump: We are at the mercy of OPEC

Former US President Donald has criticized President Joe Biden’s energy policy, saying the United States is “at the mercy of OPEC”.

“One year ago we were energy independent, and now we are at the mercy of OPEC, and gasoline is being sold for $7 in parts of California and spread all over the country… while they are taking oil from our strategic reserves. Is this how the country is run?” Trump said in a statement. “.

After the White House announced earlier today, Tuesday, the release of 50 million barrels of strategic oil reserves within months, Brent crude futures rose 21 cents, or 0.26%, to $ 79.91 a barrel, after falling earlier to 78.55 dollars per barrel. West Texas Intermediate crude futures fell 0.8 percent to $76.17 a barrel.

In turn, US Energy Secretary Jennifer Granholm said: “As we emerge from an unprecedented global economic recession, oil supply has not kept pace with demand, forcing families and companies to pay the price. This action underscores President Biden’s commitment to using the tools available to reduce costs for families and continue the economic recovery.” .

“President Biden’s announcement is good news for American families and will boost our economy,” said US House Democratic leader Charles Schumer. “The only long-term solution to higher gas prices is to continue our path to weaning off our dependence on fossil fuels and creating a strong green energy economy.”

As for the Republican leader in the US House of Representatives, Kevin McCarthy, he considered that “President Biden’s decision to take advantage of the US strategic reserves, is not about a real solution to our energy crisis. It is a cruel political ploy just 3 days before Thanksgiving.”

Source: “Reuters”

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