So the Saudis decided to cut oil production by 2 million barrels

Town Bank - So the Saudis decided to cut oil production by 2 million barrels per day instead of the 1 million expected, and biden has decided to dip into out strategic reserves even deeper to prop up gas prices before the upcoming election. Does he think he’s fooling anyone? Like with a child attempting their first magic trick, it’s easy to see what’s been done, but the consequences could be much more dire. How this reserve should be used is right in its name: strategically, and not for political purposes. I think he hopes to fool everyone, and doubt what’s left in the reserve will last till Election Day.