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Commentary: Biden Sends $540 Million Worth of U.S. Oil Overseas as Prices Exceed $5 Per Gallon

Commentary by Adam Andrzejewski originally published by

As drivers all over the country continue to pay around $5 per gallon for gasoline, President Joe Biden sent Europe and Asia more than 5 million barrels of oil in June.

At $108 per barrel, the 5 million barrels represent $540 million worth of oil.

The fuel was part of a reserves release sent overseas even as U.S. gasoline and diesel prices hit record highs, Reuters reported. The surprising move came as Biden has taken steps to lower record pump prices, including asking Congress to suspend the federal gas tax for three months, a request that’s unlikely to be answered.

As Reuters reported that the president sent oil overseas, Biden renewed a call for gasoline suppliers to cut their prices. The Energy Department’s Strategic Petroleum Reserve is releasing about 1 million barrels per day through October, draining the reserve, which last month fell to the lowest since 1986, Reuters reported.

While U.S. crude futures exceed $100 per barrel and gasoline prices are above $5 a gallon in 20 percent of the country, American officials say those prices could be higher if the reserve hadn’t been tapped. Now, China, India, Italy, France, and The Netherlands are getting American oil.

Fox News’ Tucker Carlson recently lambasted Biden for giving our oil to China, calling China “our main enemy in the middle of a gas shortage.”

“We’re giving it away to a government whose whole goal is to displace us on the global stage and crush us,” he said.
By Adam Andrzejewski – The #WasteOfTheDay is brought to you by the forensic auditors at

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a host, Outreach Director with overseeing its outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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