Coretec Group Inc (CRTG)

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Gary you posted:

“ While you're at it, look at the statistics on energy production, you'll find our production is the biggest in the world now, and we're producing the most energy we've ever produced. Look at the facts,”

Well I looked at the facts. Here’s why Biden produced more crude oil:

*Biden's Use of Strategic Petroleum Reserve*

President Biden has tapped the Strategic Petroleum Reserve (SPR) to help increase crude oil production and bring down prices at the pump ¹. Here are some key points about his actions:

- *Largest-ever release from the SPR*: In March 2022, Biden authorized the release of 180 million barrels from the SPR, with 15 million barrels sold in December 2022 ¹.
- *Coordinated effort with allies*: The release was done in coordination with other countries, including China, India, South Korea, Japan, and the United Kingdom, which also released oil from their reserves ².
- *Goal of reducing prices*: The move aimed to reduce prices at the pump, which had risen due to the pandemic and geopolitical tensions ².
- *Replenishing the SPR*: The Biden administration has also announced plans to replenish the SPR when prices are low, to encourage more production and provide certainty to producers ¹.

Here's what else I found:
- *Trump did not tap the Strategic Petroleum Reserve (SPR)*: During his presidency, the SPR actually declined by about 57 million barrels, from 695.1 million barrels to 638.1 million barrels ¹.
- *Claim of filling the reserve*: Trump claimed that he had filled the SPR to 100% capacity, but this was not accurate ².
- *Proposal to buy more oil*: In March 2020, Trump proposed buying an additional 77 million barrels of oil to add to the reserve, but Congress did not approve the funding ¹.