NEW: VP Vance says the U.S. is effectively creating a new 65 billion barrel oil reserve, contrasting the move with the Biden administration's drawdown of the Strategic Petroleum Reserve, dipping into the supply to try to "juice gas prices for the midterms." "W

NEW: VP Vance says the U.S. is effectively creating a new 65 billion barrel oil reserve, contrasting the move with the Biden administration's drawdown of the Strategic Petroleum Reserve, dipping into the supply to try to "juice gas prices for the midterms." "We had, for a very long time, the Biden administration draining the Strategic Petroleum Reserve purely for the purpose of lowering gas and oil costs." Vance says the administration is now leveraging relationships developed after its Venezuela operation to dramatically expand America's energy security and also bring revenue to the people of Venezuela. ▻