
People seem to be realizing that Joe Biden’s plan to drain the Strategic Petroleum Reserve down to less than half of its maximum capacity isn’t going to do anything to cut gas prices by more than a dime or so. Biden and his advisers have apparently reached the same conclusion themselves. As this realization dawns, the White House appears to have finally figured out that if you want gas prices to drop you either have to reduce demand or increase the supply. (Funny how that works, eh?) Telling people to stop driving is a nonstarter, so they’re going to have to find some more gas. And to make more gas you need more oil.
