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It’s true - and YES the EMERGENCY Strategic Oil Reserves are for “emergencies”, not intended for raising the Polling on a failing President & Political Party before an Election.
Right now - our Reserves are down 40% and at their lowest levels since the 1980’s.
We are now in Hurricane Season — a bad one can shut down the wells on the Gulf of Mexico.
It’s already bad enough that TeamBiden is doing everything they can to stop or heavily curtail drilling & refining in the U.S.A.
Meanwhile, back at the White House Ranch - the daily drawdown is 1 MILLION Barrels a day, every single day until the end of September via Executive Order.
Do you keep up with the refineries shut down, pipelines blowing up and other incidents that takes plants offline. I'd be more worried about some of that.
Several companies have exported SPR crude. Phillips 66 is one. Total, a French company is another.
Crude oil is fungible, so it doesn't matter if the SPR crude is exported or not. In fact, it may work out better for the US if light crude is exported and heavier crude is imported in the same amount, given the crude type requirements of various refineries. And, 1 million barrels per day can change crude prices significantly, depending on the mix of supply and demand.
Status:
"Let this year be over..."
(set 20 days ago)
Location: Where my bills arrive
19,219 posts, read 17,085,392 times
Reputation: 15538
I don't know what's funnier the amount of people who don't understand how the US Oil industry functions or the others who seem annoyed that a Trump owned company was not the Chinese recipient of the alleged sale.
Hunter's former business associates stated that Joe and Hunter were taking money from Ukraine. Hunter's laptop has incriminating evidence.
Now.............................how in the hell did Biden become rich as a "servant of the public"? Carter is not worth much more than he was in 1980, despite doing THOUSANDS of talks and writing books. Yet Biden, Clinton, and Obama are worth more than 10X as much as him, despite doing fewer lectures and "writing" fewer books (the inane explanation liberals have for their fabulous unexplained wealth)!
Yes- LIBERALS ARE DUMB. They are the only ones who believe Biden is not corrupt, as they have believed all sorts of other liberal BS.
Let's review the stuff YOU BELIEVED:
The Hillary Russian Hoax
The Pee Dossier
Jeff Epstein killed himself
Hunter's laptop was a "russian hoax"
Biden is not demented
So..............................don't try to claim you don't (didn't) believe all this BS. Libs are so gullible, they believe anything the DNC handlers tell them to believe.
If something is not 'clear' that means it could go left or go right correct? Funny how you and all your liberal brethren always and immediately take that left turn. Never for a second entertaining the thought that your fearless doddering leader is indeed a criminal. No, couldn't be. No way.
In this thread and in many others you just deflect away from reality. I'd hate to play ping pong with you.
You seem to have immediately taken that right turn, what's the difference?
I can't read the records posted in the link to confirm even what they said in March, much less their accuracy. Can you?
Hunter's former business associates stated that Joe and Hunter were taking money from Ukraine. Hunter's laptop has incriminating evidence.
Now.............................how in the hell did Biden become rich as a "servant of the public"? Carter is not worth much more than he was in 1980, despite doing THOUSANDS of talks and writing books. Yet Biden, Clinton, and Obama are worth more than 10X as much as him, despite doing fewer lectures and "writing" fewer books (the inane explanation liberals have for their fabulous unexplained wealth)!
Yes- LIBERALS ARE DUMB. They are the only ones who believe Biden is not corrupt, as they have believed all sorts of other liberal BS.
Let's review the stuff YOU BELIEVED:
The Hillary Russian Hoax
The Pee Dossier
Jeff Epstein killed himself
Hunter's laptop was a "russian hoax"
Biden is not demented
So..............................don't try to claim you don't (didn't) believe all this BS. Libs are so gullible, they believe anything the DNC handlers tell them to believe.
Can you read the records linked in the article to confirm what they said?
What do any of those other things have to do with this thread?
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