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Old 05-22-2023, 07:51 AM
 
Location: deafened by howls of 'racism!!!'
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Joe Biden and the 'Impossible' Task of Refilling America's Oil Reserves
Six months into admin's 'replenishment strategy,' Biden has purchased zero reserve barrels
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Old 05-22-2023, 08:07 AM
 
Location: East Lansing, MI
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Is it still February? Odd, I would have sworn it was May...
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Old 05-22-2023, 08:15 AM
 
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Quote:
Originally Posted by hooligan View Post
Is it still February? Odd, I would have sworn it was May...
HEre is the most recent gov. info, only showing through Feb, but they should have march out by now.

https://www.eia.gov/dnav/pet/hist/Le...s=MCSSTUS1&f=M

Currently at 371 with the bulk of the draw down over the latter part of 2022.

Haven't been at that level since about 30 years ago.
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Old 05-22-2023, 08:15 AM
 
Location: Colorado
6,782 posts, read 9,337,164 times
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This is clearly not a priority for the Biden Administration. Democrats hate fossil fuels that much that they’d prefer for our country to not have this reserve available in the event that a true emergency happens.

I can only imagine some crisis happening and Democrats like “adult in the room” Jennifer Granholm cackling and telling us all to just buy electric cars and solar energy systems.
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Old 05-22-2023, 08:22 AM
 
Location: East Lansing, MI
28,353 posts, read 16,371,755 times
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Quote:
Originally Posted by Mathguy View Post
HEre is the most recent gov. info, only showing through Feb, but they should have march out by now.

https://www.eia.gov/dnav/pet/hist/Le...s=MCSSTUS1&f=M

Currently at 371 with the bulk of the draw down over the latter part of 2022.

Haven't been at that level since about 30 years ago.

My comment was made in reference to the fact the sale actually happened back at the end of Feb, right?

Slow news day, evidently.
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Old 05-22-2023, 08:22 AM
 
Location: A Nation Possessed
25,690 posts, read 18,777,662 times
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As opposed to allowing drilling and extraction from the ground. Makes sense.

Kind of reminds me of a village of retarded and hungry people who have vast fields of wheat ready for harvest, a silo with a half bushel of wheat scattered on the floor, and the mayor telling the villagers to sweep up the wheat and mouse droppings off the silo floor to make bread.
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Old 05-22-2023, 08:26 AM
 
78,339 posts, read 60,539,645 times
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Quote:
Originally Posted by hooligan View Post
My comment was made in reference to the fact the sale actually happened back at the end of Feb, right?

Slow news day, evidently.
My point is to show the history, directly from the gov. thus we can have a discussion about the topic all being on the same page as to the past history of the reserve.

This saves us from having to go through various distracting points and made up arguments regardless of partisan leanings.

So, to me the question is that this is a pretty new tactic...is it good or bad or a bit of both and if so what are the pros\cons.
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Old 05-22-2023, 08:45 AM
 
Location: East Lansing, MI
28,353 posts, read 16,371,755 times
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Quote:
Originally Posted by Mathguy View Post
My point is to show the history, directly from the gov. thus we can have a discussion about the topic all being on the same page as to the past history of the reserve.

This saves us from having to go through various distracting points and made up arguments regardless of partisan leanings.

So, to me the question is that this is a pretty new tactic...is it good or bad or a bit of both and if so what are the pros\cons.

I agree with you on the above. Just seems it was a more relevant discussion back in Feb vs. today. <shrug>


Why do we suppose Congress is pursuing this new tactic?
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Old 05-22-2023, 08:57 AM
 
Location: Seacoast NH
1,744 posts, read 877,932 times
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Quote:
Originally Posted by hooligan View Post
My comment was made in reference to the fact the sale actually happened back at the end of Feb, right?

Slow news day, evidently.



And this thread started back in February. It just got updated posts to it today.
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Old 05-22-2023, 09:10 AM
 
78,339 posts, read 60,539,645 times
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Quote:
Originally Posted by hooligan View Post
I agree with you on the above. Just seems it was a more relevant discussion back in Feb vs. today. <shrug>


Why do we suppose Congress is pursuing this new tactic?
Based on currently available information, the reserves are still well below capacity.

So, why is it less relevant today if the status remains unchanged?

To draw that conclusion then the argument would essentially have to be that it doesn't matter that the reserves are down, which goes against decades of US policy...but I'm open to hear differently...sometimes policies cease to make sense as times change.
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