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Old 05-23-2023, 07:29 AM
 
Location: SE corner of the Ozark Redoubt
8,920 posts, read 4,636,248 times
Reputation: 9232

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Quote:
Originally Posted by guidoLaMoto View Post
The sale looks superficially like an electioneering ploy...but look at the real implications-- it's all part of the ultimate agenda of selling us out to the CCP.

"Each point taken separately, Watson, is suggestive. Taken toether, they represent certainty."
--Sherlock Holmes
I agree.

Quote:
Originally Posted by crone View Post
Two birds, one stone. It is a way to subsidize the petroleum industry.

Sell SPR, lower the price of gasoline for consumers, wherever they may be.

Then contract with the petroleum industry to buy more at a set price.
But that isn't what is happening. First, selling oil out of the SPR has little effect on the overall availability: it adds a drinking straw to a firehose.

Second, they never thought forward far enough to think of refilling: extremely near sighted.

Quote:
Originally Posted by hooligan View Post
Why is Congress trying to "sell us out to the CCP", exactly?
Congress has been, since Jan 2007, largely controlled by the Left (even when the Republicans held the majority, since many of them are Leftist, also), which is beholden to the CCP. (Most are paid by the CCP, some indirectly, some directly. Others are in bed with them. Literally. )
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Old 05-23-2023, 08:28 AM
 
Location: East Lansing, MI
28,353 posts, read 16,371,755 times
Reputation: 10467
Quote:
Originally Posted by TRex2 View Post
...Congress has been, since Jan 2007, largely controlled by the Left (even when the Republicans held the majority, since many of them are Leftist, also)...
What a hilariously convenient spin on the No True Scotsman fallacy.
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Old 05-23-2023, 09:20 AM
 
Location: Chicago area
18,757 posts, read 11,789,085 times
Reputation: 64156
Quote:
Originally Posted by saltine View Post
Guess the after election buyback didnt help. We'd be better off if xoe stayed in the basement and stopped breaking things.
Okay that's funny, you get a rep for making me laugh.

Seriously, that's the only tool a president has to try and balance a free market. Haven't you ever had to go into your savings account to pay bills? We've all done that. That's what reserves are for. It's been done before.
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Old 05-23-2023, 09:23 AM
 
5,581 posts, read 2,304,873 times
Reputation: 4804
Quote:
Originally Posted by crone View Post
Two birds, one stone. It is a way to subsidize the petroleum industry.

Sell SPR, lower the price of gasoline for consumers, wherever they may be.

Then contract with the petroleum industry to buy more at a set price.
The sales enacted by congress will NOT be refilled. The goal of the congressional sales is to reduce the volume of the SPR.
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