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I put the link that shows diesel demand is down 10% asshole!I posted a link earlier that shows that gas demand is down by 10% but that distillate demand ( which includes diesel) is not
Do NOT call me a liar asshole
We have no risk for oil shortages?We have no risk of oil shortage for use. We only have a risk of oil being super expensive. If Russia cuts all production… just as if we would… many countries would run short. We wouldn’t. It would just be $15 a gallon or something.
Most of you pointed out releasing the oil didnt swing pricing heavily so it must not be good for a future price support either. So… if we aren’t gonna run out… and if it doesn’t help prices…. What is the purpose of the reserve?
Odd paranoid fantasy50% by October. If he stops as planned there will be 385 million barrels of oil left. Not the best oil either. But he won't stop because he wants to drain it all.
BS. Brandon just declared a FIFTH ‘emergency’ release. Our reserves haven’t been at this level since 1986, and demand was half then.We have sold less than 15% of it. Where do you morons pull this bullshit from?
Right, the release addresses supply. Not demand.BS. Brandon just declared a FIFTH ‘emergency’ release. Our reserves haven’t been at this level since 1986, and demand was half then.
Odd paranoid fantasy
No risk of running out of oil. It’ll just be expensive. But if it’s expensive explain to me how the reserve helps then but isn’t helping now.We have no risk for oil shortages?
WTF? Why $7 a gallon then, Dufus?
China just says Taiwan must surrender and bingo the world is in WW3.
You forgot to make a pointBloomberg - Are you a robot?
www.bloomberg.com
The reserve is not for gas prices. Never was. It is intended for say a tanker is sunk blocking the Straight of Hormuz thus cutting off oil from the Middle East or some other crisis that cuts the import of oil..No risk of running out of oil. It’ll just be expensive. But if it’s expensive explain to me how the reserve helps then but isn’t helping now.
Read the article.You forgot to make a point
You are a proven liar.I posted a link earlier that shows that gas demand is down by 10% but that distillate demand ( which includes diesel) is not
Do NOT call me a liar asshole
No your link said aggregate PRICES were down 10%I put the link that shows diesel demand is down 10% asshole!
You are a liar, the release of the reserves had little to do with bringing fuel prices down.
learn to comprehend what you read, asshole.
After rising about 100%.No your link said aggregate PRICES were down 10%
Biden did not follow Trumps plan for leaving Afghanistan in an orderly manner. Biden did it his way, which turned into a disastrous retreat. By pulling out our troops before US citizens and friendlies were evacuated, he had to go back in. His stupidity lead to the deaths of our 13 heroes and led to the invasion of thousands of Afghans that did not deserve our protection or entry into this country. Biden is a fool, as are his followers.We xann
We cannot fight a war with China and/or Russia.
We would loose.
But so would everybody else.
And Biden's troop withdrawal in Afghanistan was actually Trump's plan.
FTA:No your link said aggregate PRICES were down 10%
Global oil production is at 100 m/bd and you clowns think Biden is getting the price to drop by selling 1 million barrels a day from our strategic reserves.Right, the release addresses supply. Not demand.
It’s less than 1%, Dumbass.We use 20 million barrels of oil daily and the SPR released 1 million.
Adding 5% into the supply side and reducing demand by 10% (apparently along with a strong dollar) is causing the reductions in gas prices
Do NOT CALL ME A LIAR
No risk of running out of oil. It’ll just be expensive. But if it’s expensive explain to me how the reserve helps then but isn’t helping now.
5%. Math is not your strong suitIt’s less than 1%, Dumbass.
