This is the latest rumor the right is spreading to demonize Biden.
He sold all this oil to China to a company that his son Hunter has a large stake in.
The problem is that the oil market and process are actually complex but the right thinks it's like selling firewood from the back of a truck.
First, all oil is not the same, and neither are refineries. There's heavy crude, sweet crude, sour crude, and many other variants.
American refineries are best at refining heavy and sweet crude, whereas there are refineries in China that are better handling sour.
Plus at this time, US refineries are running at close to capacity so there's really not much we can do with more oil right now.
Oil is a global market, so if China is running low, they'll divert some away from us.
So if we sell them some of our lower quality oil, they won't be competing with us as much for other oil which could bring our refining volume down.
Suffice it to say that since it is a complex, global market, it doesn't really work to try to just hold it all within our country, that doesn't yield the best results, including low gas prices.
So Biden essentially tweaked the global market and now gas prices are coming down.
IT'S A MOTHERFUCKING GLOBAL MARKET, MORONS!
Republicans seeing gas prices going down will distract from that with scandalous lies about Biden trying to enrich his own family, instead of admitting the possibility that he actually just tried moving some oil to a place that he thought would strategically result in lower prices here, and he was right.
I'm not really sure if all this is true, except i doubt Biden brazenly sold US oil reserves to openly benefit his son, that's just stupid.
But it's a matter of record that we sold some oil to China and now our gas prices are going down.
Plus it makes sense that our refineries can be at capacity. Republicans think you just get more oil and it becomes gasoline that "appears" at your gas station.
They think that if prices go up it's because Biden won't let oil companies drill so we don't have enough, when in fact oil companies are flatly refusing to drill more wells right now because they feel it doesn't support their stock value.
Plus they have thousands of unused leases to drill, so they can do it any time they want. But since the US is a free market country, the government can't "make" anyone still or do anything.
That's called "freedom". In Russia the oil companies are nationalized, but the right calls that "communism" which is true.
So they are always screaming about freedom, but when there's an example about it they scream and blame our government for not FORCING oil companies to do what they think is right.
The right is all about freedom for themselves as long as everyone does what they're told.
Basically, they are children.
At the current moment, Republicans believe that Biden is fucking up everything in the government, but also, he's dead and being played by James Woods.
Trump is actually still president and in control of the military, but somehow he's not responsible for the messy Afghanistan withdrawal, that's the doing of the dead Democratic president.
They are not just children, they are heavily brain-damaged children.
And they're in charge of our future.