Biden sends 5 million barrels of U.S. oil to Europe, Asia despite soaring gas prices

The export of crude and fuel is blunting the impact of the moves by  President Joe Biden to lower record pump prices.

The exports are part of a broader and historic release of 1 million barrels per day through October from the reserves, one of several efforts by Mr. Biden to blunt high fuel costs that have had minimal impacts

Biden’s latest release marked the third time the White House has ordered that oil be taken from the strategic reserves.

At the time, the White House couldn't blame Putin for the gas price hike.

Phillips 66, one of the country’s largest oil refiners, has shipped roughly 470,000 barrels from a reserve storage site in Texas to Italy, according to Reuters.

This is being done by Biden immediately and as a quick reflex response to achieve the American independence of energy.

Overall, US oil exports have been surging since Russia invaded Ukraine in February as Western countries and companies turn away from Russian supplies.

The current steps being taken by the President are drawing flak out of everyone in America as people believe he should be more focused on the economic conditions of America rather than deflecting the problems in the name of “Putin’s Price Hike