Biden’s FOLLY....US plans to release oil from strategic reserve to bring down gas prices

and what is the cost to buy these reserves back?

god damn the idiocy is simply astounding. biden seems to keep chasing surface level reactionary crap and has zero idea of the overall impact of such moves.

Seriously this is so our Country collapses. We will not have our own ability to supply our own nation with our own resources.
We will have to bend and comply under other countries now. The warning have been coming out for years the people laughed and called a few authors tin foil hats lol. Guess they get the last laugh.
 
Biden is planning to release up to 1 million barrels of oil a day from the strategic reserve, in an attempt to contain high gasoline prices and curb inflation exacerbated by the war in Ukraine.
The US president could announce that he is ordering the release as early as Thursday, when the White House has indicated Biden will speak about how he intends to lower petrol prices. The administration is reportedly considering extending the release for as long as six months, with a potential limit of 180m barrels drawn from the current national reserve of 568m barrels.


If you simply opened the pipeline from Canada and bought more Mexican oil everything here would revert!....we were energy independent under Trump with gas at $1.84 a gallon when he left!
Are you under the impression that Keystone is closed?
 
Biden is setting us up for catastrophic FAILURE. He is wasting our precious reserves we will need to defend our nation with. This idiot is committing crimes against WE THE PEOPLE. He needs to be removed from office.. This is shear stupidity on a massive level.

Exactly. As I keep saying wait until these deniars live it in a few short weeks some months . They wonder why they allowed everyone to get stoned those who wanted it all. It was to get all the right pieces into place using bs lies, which in turn put the DETROIT styled GOV in place a PRES. in place who will all get the job done.

There is obviously much more to it and in between what i’ve written, but you know how that goes it almost has to be a book hahaah.
 
Biden is setting us up for catastrophic FAILURE. He is wasting our precious reserves we will need to defend our nation with. This idiot is committing crimes against WE THE PEOPLE. He needs to be removed from office.. This is shear stupidity on a massive level.

Russia is winning in Ukraine...

Petro-yuan now becoming a reality...

Life in Russia slowly returning to normal as the Sino-Russo trade pact fills in the commodities losses from western sanctions.

Fake war news has suddenly disappeared...

Time to reelect a real POTUS.

Jo
 
Every drilling report for the last year shows a lot of new drilling, almost doubled from the last years of the Trump admin, and that is with all the major saying for the last year also that they're going to use their windfall class to pay dividends, not invest in new drilling. They point out that increasing production would lower profits and prices, j.e. stupid, so they're not drilling.

These tards that keep babbling about how Biden crashed the industry n stuff is just noise from parrots who never read anything but scripts prepared for them. The Keystone was never closed, hasn't been for over a decade, even though it started leaking the very first year it was used, brand new.
As someone who lives in oil country I can tell you those reports are all a LIE! They are bull shit propaganda of the worst kind. Exploratory drilling has ground to a full halt. this makes us vulnerable as a country. This idiot in the white house is going to kill America with his left wing bull shit.
 
Right now, the industry is sitting on 9,173 approved but unused drilling permits on federal and tribal lands.


Already been pointed out to tard Land Newz why they aren't drilling, and don't want to. Look up drilling rig counts on private lands for yourself. Don't beleive parrots who get their news from a political party.
 
Biden is planning to release up to 1 million barrels of oil a day from the strategic reserve, in an attempt to contain high gasoline prices and curb inflation exacerbated by the war in Ukraine.
The US president could announce that he is ordering the release as early as Thursday, when the White House has indicated Biden will speak about how he intends to lower petrol prices. The administration is reportedly considering extending the release for as long as six months, with a potential limit of 180m barrels drawn from the current national reserve of 568m barrels.


If you simply opened the pipeline from Canada and bought more Mexican oil everything here would revert!....we were energy independent under Trump with gas at $1.84 a gallon when he left!
Biden is pissing up a wet rope. He is going to release 30MM barrels over 30 days as part of an international release of 60MM barrels total. The vegetable is selling the country out. The US will provide 30MM while (get this) THIRTY other countries will provide the other 30MM. Bottom line 60MM barrels of oil won't do anything to bring down prices.
 
and what is the cost to buy these reserves back?
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Biden is pissing up a wet rope. He is going to release 30MM barrels over 30 days as part of an international release of 60MM barrels total. The vegetable is selling the country out. The US will provide 30MM while (get this) THIRTY other countries will provide the other 30MM. Bottom line 60MM barrels of oil won't do anything to bring down prices.

So now it's suddenly the government's job to lower your fuel bills? What happened to private drilling? what happened to you all just needing to get better paying jobs n stuff if you can't afford something?


lol the shit really shows through whenever right wingers suddenly become peace loving hippies and get screwed by those big companies they shill for 24/7. Get another job, get an education, learn a skill if you need more money.Same stuff you feed everybody else.
 
So the pipeline is running from Canada to the US. Great. Thanks for the confirmation.

Is the author of the OP just woefully mis-informed, lying, or both?
You're pretending to be ignorant about the subject at hand.
Or maybe you're not pretending.
Either way, you're being foolish, child.
 
As someone who lives in oil country I can tell you those reports are all a LIE! They are bull shit propaganda of the worst kind. Exploratory drilling has ground to a full halt. this makes us vulnerable as a country. This idiot in the white house is going to kill America with his left wing bull shit.
The estimates by the U.S. Energy Information Administration are actually for more than 5% growth this year, rising from about an average of 11.2 million barrels per day in 2021 to just over 12 million barrels per day in 2022, slightly more than 7%.Mar 14, 2022

Calls to increase US oil production mostly getting shrugs for now​

https://www.freightwaves.com › news › calls-to-increase-u...
 
You're pretending to be ignorant about the subject at hand.
Or maybe you're not pretending.
Either way, you're being foolish, child.

Your concessions are noted and appreciated.

But please answer the question...is the OP just woefully misinformed, lying, or both?

keystone-xl-map.jpg


For those who don't seem to know, the pipeline is up and running. The only thing that was cancelled was the Cancelling the XL did....nothing.
 

If you are aware of the issues coming and if something happens we are totally, totally screwed. We are losing our ability to have our own resources.

Joe Biden Reportedly to Announce ‘Unprecedented in Size, Duration’ Release of US Oil Reserves​


Typical incompentent know-nothing leftist emotional fix. It will do NOTHING for world oil prices or US supply.

And it will need to BOUGHT at SKY HIGH PRICES to replace it. They are screwing up badly on FORCING us off fossil fuels BEFORE they have ANY PLAN to transistion to other sources. Wind and solar are SUPPLEMENTS -- NOT ALTERNATIVES to fossil fuels. And with most car companies being herded into 100% EVehicles -- the grids will fail and the body bags will pile along with rationing of electricity.

Venezuela -- Here we come.
 

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