Draining The Strategic Petroleum Reserve - In The Tank, ep366

The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 366 of the In The Tank Podcast. In response to OPEC's announcement that they were going to be lowering oil production, the Biden Administration said they were going to further release oil from the Strategic Petroleum Reserve. The ITT crew discusses why the administration is doing this. Also, several months after Biden signed an executive order about Central Bank Digital Currency, the White House released a fact sheet about there plans to move forward with a CBDC.  PRIMARY TOPIC – STRATEGIC PETROLEUM RESERVEForbes - White House Freaks Over OPEC Plan To Cut 2 Million Barrels Per Day https://www.forbes.com/sites/christopherhelman/2022/10/05/white-house-freaks-over-opec-plan-to-cut-2-million-barrels-per-day/?sh=3469900932ceNYT - Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve (Week old article) https://www.nytimes.com/2022/09/29/business/energy-environment/biden-oil-prices-reserve.htmlBloomberg - US Options for Responding to OPEC+ Are Shrinking Fast https://www.bloomberg.com/opinion/articles/2022-10-05/us-options-for-responding-to-opec-are-shrinking-fast SECONDARY TOPIC – WHITE HOUSE RELEASES CBDC FACT SHEETWH - FACT SHEET:  White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/CNBC - Biden White House just put out a framework on regulating crypto — here’s what’s in it https://www.cnbc.com/2022/09/16/heres-whats-in-biden-framework-to-regulate-crypto.htmlRed State - Understanding Central Bank Digital Currencies, and the Threat They Pose https://redstate.com/heartlandinstitute/2022/09/28/understanding-central-bank-digital-currencies-and-the-threat-they-pose-n634330Epoch Times - The Digital Dollar Will Not Be ‘Anonymous,’ Says Fed Chair Powell https://www.theepochtimes.com/the-digital-dollar-will-not-be-anonymous-says-fed-chair-powell_4760643.html[Please subscribe to the Heartland Daily Podcast for free on iTunes at this link.]