Biden’s preparations to veto the bill limiting oil reserves

US President Joe Biden will reportedly veto the bill that would end his authority over the Strategic Petroleum Reserve.

In the statement made by the White House, it was stated that Biden will veto the bill if the bill that envisages limiting the US authority to sell oil from the Strategic Petroleum Reserve is presented to him.

White House spokeswoman Karine Jean-Pierre, arguing in the press release that the bill is a module of Republicans’ “extreme politics”, said the bill would put working families in financial hardship, only benefiting powerful taxpayers and large corporations, and narrowing the US fiscal deficit. He argued that he would inflate it.

Referring to the Russia-Ukraine war, Jean-Pierre stated that the bill would further endanger the power security of the United States and lead to a shortage of power, adding that the bill “interferes with the oil extraction capability of the country, thereby helping (Russian President Vladimir) Putin’s war purposes.” He claimed it would help.”

U.S. Secretary of Power Jennifer Granholm said the law would block the powers the President needs to respond to emergencies.

Granholm replied, “I don’t care if a Democratic or Republican leader is in office, why would you hinder the country’s capacity to respond to emergencies and our ability to reduce costs as a result of those emergencies?” said.

Expressing that the Senate should act knowing the value of this situation, Granholm also expressed that Biden believes that after using the Strategic Petroleum Reserve of the USA to reduce the rising gas prices due to the Russia-Ukraine war, he can fill it again.

In the face of rapidly increasing fuel prices in the USA after the war started by Russia in Ukraine, US President Joe Biden allowed the launch of more than 180 million barrels of oil from the country’s strategic oil reserves in March 2022.