Bidens big oil blunderBiden just said the US is going to release 1 million bpd from the SPR.This is crazy as he put 50 milli bpd in Nov and 30 million bpd in Jan. That was 80 million bpd and what happened the price went fro $80 to $130 oil.What he does not understand (even now adding another 180million bpd) is the SPR can not fix structual problems in destruction of CAPEX spending of finding new oil reserves for over six decades.On top of the he has just killed the best chance for natural demand destruction by adding more supply.That means lower price higher demand for the summer driving season.So what you may ask does this have to do with SBB? Higher demand gets higher price that grows inflasion and gold does well in inflasion.SBB is over sold and is a solid investment in the RED HOT Inflasion we are in.