Oil industry exec rips Biden's 'willy-nilly' energy policy, warns of another 'major' crisis in next few weeks

The Strategic Petroleum Reserve continues to be inappropriately 'politicized,' Sommers argues

Kayla Bailey / FOXBusiness

 

As the Strategic Petroleum Reserve (SPR) falls to "dangerously low" levels, American Petroleum Institute president and CEO Mike Sommers issued a warning to the Biden administration that a negligent plan to restore it could trigger another economically painful oil crisis.

"The Strategic Petroleum Reserve, unfortunately, has become the strategic political reserve. And we have grave concerns about how it has been so politicized. This is for emergency purposes, not to lower gasoline prices during a time during a political season," Sommers said Friday on "Mornings with Maria." "But I think doing this willy-nilly and doing it in a way that that doesn't make sense for the market we're in, we could be dealing with another major oil crisis here in the next few weeks."

"We're also real concerned, Maria, about how low it has gone. Lowest level since 1984, not necessarily because of market conditions, but because of political concerns," Sommers continued. Read more and see videos here.

Lawmakers Are Paving the Way for a Potential 2024 DeSantis Run

Sarah Arnold / Townhall Tipsheet

 

Gov. Ron DeSantis (R-Fla) has a lot on his plate. Not only is he busy fighting the Left’s radical agenda, he also may be gearing up for a potential 2024 presidential run. On top of that, the Florida governor is releasing a book that comes out next year. 

Titled “The Courage to Be Free: Florida's Blueprint for America's Revival,” DeSantis’ book will highlight his work as governor and he came to be a true, courageous political figure. 

“In 'The Courage to Be Free,' Governor Ron DeSantis chronicles the most consequential decisions of his life and public service, including turning the Sunshine State into the promised land for millions of Americans," the press release states. "He will also share details about his marriage to Casey, their three children, and Casey’s battle with cancer. This book will center on critical issues that brought him to the center of the debate over the future of our country. He shares his thinking from when he was fighting back against COVID mandates and restrictions, critical race theory, woke...Read more here.