Reacting to President Biden's decision to release more oil from the U.S. Strategic Petroleum Reserves, Sen. Marco Rubio called the move 'dangerous' and 'wrong.'
Sen. Marco Rubio speaks to reporters following a campaign rally in Jupiter, Florida on Oct. 27, 2022.decision to release another 15 million barrels of oil from the Strategic Petroleum Reserve, noting that while it may lower gas prices at the moment, it places the United States at great risk.
Biden rejected the idea that releasing the oil is for political purposes, despite the move resulting in Americans getting hit less hard at the gas pump right before the midterm elections than was the case over the summer. Speaking to reporters following a campaign rally in"Well, he’s doing it to lower gas prices because he’s afraid of the impact. And unfortunately what’s happened now is our strategic reserve is at its lowest level, I believe since 1982 or ’83," Rubio said.
"What people have to understand is not only are they leaving us dangerously low, but we’re going to have to replenish the strategic reserve and we’re going to pay a lot more money for it.," he said."So not only are we depleting our reserves, we’re going to have to go buy oil from some other country and pay, in some cases, 33% more than we paid originally to replenish our strategic reserves. So what he's doing is very dangerous, very short-sighted, and it’s wrong.