US warns of Russian disruption of Biden’s oil scam
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Former CIA adviser Rickards spoke about Biden’s oil “scam” that Russia could disrupt
Former CIA adviser James Rickards said that the US strategic oil reserve is 372 million barrels. When President Joe Biden took office, the oil reserve was estimated at about 600 million barrels, Rickards said.
According to the ex-CIA officer, the US leadership is engaged in oil manipulations in order to reduce inflation and energy prices before the US congressional elections, as well as before the presidential elections, which will be held in the fall of 2024. Washington also plans to buy oil while its price is low, thereby restoring reserves, reports dailyreckoning.com.
Rickards said that a very cold winter is expected in 2023-2024. In this case, according to the expert, the cost of Russian energy carriers may rise to a new historical maximum, and the US will “remain stranded” with minimal oil reserves.
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