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Old 11-23-2021, 05:32 PM
 
Location: Reno, Nevada, USA, Earth
1,169 posts, read 758,095 times
Reputation: 1559

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"Prices soar..."

A bit hyperbolic, but then again it is Breitbart. They "soared" $2 dollars a barrel and the spot price is still below October.

Last edited by alaskaflyer; 11-23-2021 at 05:42 PM..
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Old 11-23-2021, 05:34 PM
 
Location: Reno, Nevada, USA, Earth
1,169 posts, read 758,095 times
Reputation: 1559
Quote:
Originally Posted by Taratova View Post
Also Biden is secretly selling our oil to other countries while we suffer with high oil prices because of an oil shortage with Biden stopping oil production by 30%. Americans should be po'ed.
By law SPR oil reserves when sold cannot be restricted to US buyers. Blame Congress.

Otherwise, WTH are you talking about?
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Old 11-23-2021, 05:37 PM
 
26,651 posts, read 15,204,919 times
Reputation: 14778
Releasing the petroleum reserve is for hurricanes, war, and sinking poll numbers.
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Old 11-23-2021, 05:38 PM
 
26,651 posts, read 15,204,919 times
Reputation: 14778
Quote:
Originally Posted by alaskaflyer View Post
By law SPR oil reserves when sold cannot be restricted to US buyers. Blame Congress.

Otherwise, WTH are you talking about?
Perhaps he should have woke up, asked congress to change the law, and then did it before going back to bed.
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Old 11-23-2021, 05:54 PM
 
Location: deafened by howls of 'racism!!!'
53,021 posts, read 34,841,490 times
Reputation: 29437
Quote:
Originally Posted by michiganmoon View Post
Perhaps he should have woke up, asked congress to change the law, and then did it before going back to bed.
under trump, America was a net exporter of energy. it took president eggplant less than ten months to destroy that and start dipping into our oil reserves.
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Old 11-23-2021, 06:08 PM
 
Location: Retired in VT; previously MD & NJ
14,267 posts, read 6,998,072 times
Reputation: 17888
Quote:
Originally Posted by notnamed View Post
Funny how many Republicans were calling on him to do just this. Didn't see that call coming from Democrats. But then Republicans call him out when he actually does it.
Yup. Exactly what happened.
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Old 11-23-2021, 06:12 PM
 
Location: Free State of Florida, Support our police
5,866 posts, read 3,317,329 times
Reputation: 9151
Quote:
Originally Posted by Ponderosa View Post
This is a good move by the President. It is even better because it is taken in concert with the major consuming nations of the world including CHINA. It is a testament to Biden's skills at diplomacy that he pulled this off.
OMG please let me know when your next stand up comedy routine is in town. I want to go. I love your sense of humor lol!
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Old 11-23-2021, 07:00 PM
 
Location: NY
16,202 posts, read 6,954,471 times
Reputation: 12476
Nothing surprises me with this administration.
I hope many who voted for him are learning
it is not the personality of the President but
his policies that can make or break our Nation.
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Old 11-23-2021, 07:09 PM
 
Location: Reno, Nevada, USA, Earth
1,169 posts, read 758,095 times
Reputation: 1559
Quote:
Originally Posted by uggabugga View Post
under trump, America was a net exporter of energy. it took president eggplant less than ten months to destroy that and start dipping into our oil reserves.
It's still a net exporter, at least according to the latest 2021 figures available. This has nothing to do with that
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Old 11-23-2021, 07:17 PM
 
Location: Boston
20,237 posts, read 9,145,897 times
Reputation: 18984
Quote:
Originally Posted by Ponderosa View Post
Biden still holds the big ace: taking sanctions off of Iranian oil. Saudi want to go there? I think not.
Saudi's could just take the oil from Iran. Obama/Biden sold them 115 billion dollars of war equipment 6 years ago.
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