[Congressional Record Volume 168, Number 114 (Tuesday, July 12, 2022)]
[House]
[Page H5948]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               DEPLETING THE STRATEGIC PETROLEUM RESERVE

  (Mr. LaMALFA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LaMALFA. Mr. Speaker, our Strategic Petroleum Reserve is meant to 
be preserved for an actual emergency, such as in the case of 
catastrophic weather or in times of war. But President Biden has 
started the largest ever loan from the Strategic Petroleum Reserve.
  From that loan, we have seen he has shipped 5 million barrels of oil, 
not for lowering the prices, as they thought that putting some of that 
oil on the market might affect the price. No, they are actually 
shipping it to foreign countries, including China. A million barrels of 
oil is allegedly going to China out of our Strategic Petroleum Reserve, 
which is supposed to be for us in case of emergency, not playing 
markets, not trying to make some money.
  It is unreal. Since day one, President Biden walked into office and 
started shutting down our energy industry, the pipeline, exploration 
permits and leases. They have gone this direction.
  That makes our fuel more expensive for everybody on the whole supply 
chain: Farmers, manufacturers, people taking their kids to school, 
people going to the store. It is hurting everybody.
  They are sending it now to China.
  Whose side is President Biden on?

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