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 RESERVE
Forbes - 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=3469900932ce
NYT - 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.html
Bloomberg - 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 SHEET
WH - 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.html
Red 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-n634330
Epoch 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
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The weekly flagship podcast from The Heartland Institute features in-depth policy discussions connected to current news. Host Donald Kendal leads the discussion with the usual crew of Heartland Institute Vice President Jim Lakely, Socialism Research Center “Commissar” Justin Haskins, Editorial Director Chris Talgo, and others at this national free-market think tank. The entertaining and informative discussions often hit topics such as the environment, energy policy, Big Tech censorship, the troubling rise of socialism, globalism, health care, education, that state of freedom in America and around the world, and much more.
This podcast is also available as part of the Heartland Daily Podcast, the “firehose” of all the organization’s podcasts that take deep and entertaining dives into public policy.