President Trump initially ordered the Department of Energy to purchase more oil from domestic producers for the Strategic Petroleum reserve stockpile, thereby propping up shale oil companies. But in the $2 trillion coronavirus relief package signed by President Trump, the $3 billion intended for this use was left out, with the Democratic Senate Minority Leader Chuck Schumer claiming, in an email distributed to senators, that the new version of the bill “eliminated [a] $3 billion bailout for big oil.”
If we are going to have an oil reserve then we most certainly should be filling it with domestic product. I don't know where the reserve stands, does it need topped off or are we at a good level?
I don't know if the reserve needs to be topped off but I agree we should do it with domestic product. Schumer's comment about bailouts is hypocrisy at its finest.
As long as the Kennedy Center gets its money.
But of course. Gotta make sure the musicians get paid.
Oh wait.
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