The Wall Street Journal criticized US President Joe Biden’s policy of mass transfer of basic goods and materials in order to attract voters ahead of the November congressional elections. The massive commodity intervention that Biden authorized in an attempt to lower U.S. gasoline prices has left his country with the smallest strategic oil reserves in 40 years, ahead of potential turmoil in global energy markets.

And she explained that “by September 16, only about 427 million barrels of oil remained in the strategic oil reserve, which is the lowest level since 1984.” As of March 31, after Biden ordered the release of about 180 million barrels per day within six months, the state’s reserves were reduced by 155 million barrels, and for the first time since 1983 they were less than the country’s commercial reserves.

The newspaper notes that against the background of the state pumping of essential goods, retail gasoline prices have fallen from their historical highs and continue to decline for almost 100 days in a row. A gallon yesterday averaged $3,689 versus $5,016 on June 14.