Citation From the November 29, 2021, edition of Fox News’ America’s Newsroom
MARIA BARTIROMO (FOX BUSINESS ANCHOR): This omicron variant was quite convenient for the move in oil prices. Oil prices sold off 13%. In a day, 13% is extraordinary.
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People are wondering why we had such a reaction. Remember President Biden wants to try to get oil prices lower and he did not have any luck with his releasing 50 million barrels from the strategic petroleum reserve. That did squat to the price of gasoline and yet once the omicron variant and all the panic that ensued happened on Friday, that did the trick to send oil prices lower.