Trump’s Thwarted Oil Buy Would’ve Given Biden $6 Billion Bonanza
- Biden seeks to sell some emergency oil to fund infrastructure
- Republicans last year sought to buy cheap crude for reserve
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A bipartisan compromise unveiled Thursday calls for selling oil from the U.S. emergency stockpile to fund billions of dollars in roadwork and other infrastructure.
But Democrats missed their shot at a bonanza -- and a $6 billion down payment on the infrastructure package -- by killing a plan last year to buy crude for the reserve at rock-bottom prices.