To lower prices at pump. NOT the purpose of our strategic oil, won't work, prices will spike soon any way, that oil will need to be replenished.
He is dumb, real dumb, and dangerous.
He is dumb, real dumb, and dangerous.
Biden to open strategic oil reserves (dumb azz)
- Thread starter HJCane
- Start date
50 million barrels should be good for 2-3 days. Such idiots.
If I were young like 35 or below, even 45, I would be so pissed at how this administration is just throwing away the future and screwing the young people by putting the government in such a hole. It is during the summer that gas prices rise (despite the situation now caused by this administration) and if they use this strategy now when they will need it this coming summer, gas will be astronomical. Plus it will need to be replaced at a higher cost sometime. Yet there are a lot of young idiots that support the Dems.
We need to quit looking for intelligent life on Mars and look to see if there is any intelligent life in Washington D.C
I'm convinced that this is all part of a the Democrats master plan, lol
Not Biden, he's just a puppet used to get votes from the moderates to win the White House, but there is a "secret" progressive society inside the democratic party who are actually running things and calling all the shots
The first step is taking over the economy. I think the goal of the democratic party is to make owning and driving a internal combustion engine vehicle so cost prohibitive that regular people will no longer be able to afford it and look to the Government for help. That's Step 1
Than the Government will swoop in and force their vision of the "Green New Deal" and climate change legislation down everyone's throats. Legislation that will cost trillions of dollars and take 10's of years to complete. Once we go down this path, the government will have control or a say in every aspect of our lives
From what food we can eat, what cars we can drive, to what TV shows are deemed "acceptable" for us to watch, to what Colleges our kids can attend.......etc. etc.
“The interesting thing about the Green New Deal, is it wasn’t originally a climate thing at all,” Chakrabarti said to Inslee’s climate director, Sam Ricketts, according to a Washington Post reporter who attended the meeting for a profile published Wednesday.
“Do you guys think of it as a climate thing?” Because we really think of it as a how-do-you-change-the-entire-economy thing,” he added.
The Green New Deal, proposed earlier this year by Ocasio-Cortez and Senator Ed Markey (D., Mass.), would transition the U.S. economy entirely away from fossil fuels within ten years while simultaneously providing a federal jobs and healthcare guarantee. It would also, according to its proponents, advance “social, economic, racial, regional and gender-based justice and equality and cooperative and public ownership.”
All told, the proposal will cost up to $93 trillion in new government spending over ten years, according to a recent report by the conservative American Action Forum.
"Change the entire Economy" that about sums it up. Biden's not that stupid, the Democrat masters are getting ready to try and take over the economy. It's about power
Not Biden, he's just a puppet used to get votes from the moderates to win the White House, but there is a "secret" progressive society inside the democratic party who are actually running things and calling all the shots
The first step is taking over the economy. I think the goal of the democratic party is to make owning and driving a internal combustion engine vehicle so cost prohibitive that regular people will no longer be able to afford it and look to the Government for help. That's Step 1
Than the Government will swoop in and force their vision of the "Green New Deal" and climate change legislation down everyone's throats. Legislation that will cost trillions of dollars and take 10's of years to complete. Once we go down this path, the government will have control or a say in every aspect of our lives
From what food we can eat, what cars we can drive, to what TV shows are deemed "acceptable" for us to watch, to what Colleges our kids can attend.......etc. etc.
“The interesting thing about the Green New Deal, is it wasn’t originally a climate thing at all,” Chakrabarti said to Inslee’s climate director, Sam Ricketts, according to a Washington Post reporter who attended the meeting for a profile published Wednesday.
“Do you guys think of it as a climate thing?” Because we really think of it as a how-do-you-change-the-entire-economy thing,” he added.
The Green New Deal, proposed earlier this year by Ocasio-Cortez and Senator Ed Markey (D., Mass.), would transition the U.S. economy entirely away from fossil fuels within ten years while simultaneously providing a federal jobs and healthcare guarantee. It would also, according to its proponents, advance “social, economic, racial, regional and gender-based justice and equality and cooperative and public ownership.”
All told, the proposal will cost up to $93 trillion in new government spending over ten years, according to a recent report by the conservative American Action Forum.
"Change the entire Economy" that about sums it up. Biden's not that stupid, the Democrat masters are getting ready to try and take over the economy. It's about power
Preach Brother, even the right wing commentators go on about how dumb Biden and his administration are. Nobody could be that dumb to not see border crisis unless it’s what you want. Same with gas prices this is a plan, if you can’t get the people to back your green energy electric vehicle initiative make gas unaffordable.
Hey Cems , we meet at the NCST game . Was fun
But this move by Biden is just a show, meant to fool people.
Opening up the reserve should be limited to emergencies, not to try and manipulate the price. Want prices lower ? Drill baby Drill
The American people use gasoline.
They want supply and reduced prices .
The progressives are punishing the people , mostly poor people by their oil policy.
How many poor people drive Tesla’s ?
Do poor people hang the power cords out their.3rd story apartment window to charge their vehicles?
Show mw where on this chart from their site
- 1985: Test sale—1.1 million barrels (170,000 m3)
- 1990–1991: Desert Stormsale—21 million barrels (3,300,000 m3)
- 4 million barrels (640,000 m3) in August 1990 test sale
- 17 million barrels (2,700,000 m3) in January 1991 presidentially ordered drawdown
- 1996–1997: 28 million barrels (4,500,000 m3) non-emergency sales for deficit reduction
- July–August 2000: 2.8 million barrels (450,000 m3) to supply the Northeast Home Heating Oil Reserve.
- September–October 2000: 30 million barrels (4,800,000 m3) in response to a concern over low distillate levels in the northeastern U.S.
- 2005 Hurricane Katrina sale: 11 million barrels (1,700,000 m3)—Katrina shut down 95% of crude production and 88% of natural gas output in the Gulf of Mexico. This amounted to a quarter of total U.S. output. About 735 oil and natural gas rigs and platforms had been evacuated due to the hurricane.
- 2011 Arab Spring sale: 30 million barrels (4,800,000 m3)—non-emergency sale to offset disruptions caused by political upheaval in Libya and elsewhere in the Middle East. The amount was matched by IEA countries, for a total of 60 million barrels (9,500,000 m3) released from stockpiles around the world.[24]
You obviously chose the wrong chart, on purpose. This might help you.
Biden acts to lower fuel prices — with help from GOP
Biden’s Energy Department specifically cited Trump era legislation before releasing 50 million barrels from the nation’s oil reserves.
www.politico.com
Here's an excerpt from the article.
Legislation enacted under the Republican-controlled House during the Trump administration ordered the government to sell more than 100 million barrels from the Strategic Petroleum Reserves by 2027 to raise money for the Treasury. Biden’s Energy Department specifically cited one of those mandates when it announced Tuesday that it was selling 50 million barrels, the biggest ever release.
Here's another excerpt.
Under legislation dating back to 2017 to help pay for the Trump administration tax cuts and fill budget gaps, Republicans joined with Democrats to require the Energy Department to sell off 107 million barrels of crude oil from fiscal 2022 through 2027. For Tuesday's announcement, the Energy Department specifically cited the Bipartisan Budget Act of 2018 requirements that 18 million of the barrels be sold off to help pay for tax cuts.
Stay in your lane. You have no clue how our SPR have been used by both parties.
Didn’t Trump fill the reserve at rock bottom oil prices? Who would have thought buy low sell high.
Bro, you're wrong. Here's the proof.
Biden acts to lower fuel prices — with help from GOP
Biden’s Energy Department specifically cited Trump era legislation before releasing 50 million barrels from the nation’s oil reserves.
www.politico.com
Here's an excerpt from the article.
Legislation enacted under the Republican-controlled House during the Trump administration ordered the government to sell more than 100 million barrels from the Strategic Petroleum Reserves by 2027 to raise money for the Treasury. Biden’s Energy Department specifically cited one of those mandates when it announced Tuesday that it was selling 50 million barrels, the biggest ever release.
Here's another excerpt.
Under legislation dating back to 2017 to help pay for the Trump administration tax cuts and fill budget gaps, Republicans joined with Democrats to require the Energy Department to sell off 107 million barrels of crude oil from fiscal 2022 through 2027. For Tuesday's announcement, the Energy Department specifically cited the Bipartisan Budget Act of 2018 requirements that 18 million of the barrels be sold off to help pay for tax cuts.
I will wait for your apology.
You obviously missed the point of this thread. That is, only Dems have tapped into our reserves for non-emergency reasons. Trump did it!!
Lol...lol
Lol...lol
Prices did go down however once the pandemic hit that trend was reversed. Biden is trying to fix the mess Trump left us.
No Trump did not do it you fools. He WANTED TO BUY 77 MILLION barrels and refilled the strategic tanks and the SALE was designed to NET A PROFIT MORONS! NOT TO LOWER GASOLINE PRICES AT THE PUMP> Dumb asses
Bingo winner! OP- loser. Meaningless posting of a meaningless action by a meaningless President.
Trump wanted to buy for a 2nd time HUGE amounts of oil to not only fill but exceed normal strategic reserve capacity and sell some off down the road at a huge profit for the treasury he was shot down the 2nd time by Congress.
www.nbcnews.com
'This is a great time to buy oil,' Trump says as prices plunge into negative territory
With prices at unprecedented lows, President Trump suggested the U.S. might purchase roughly 75 million barrels of oil for the Strategic Petroleum Reserve.
www.nbcnews.com
Trump’s oil deal: The inside story of how the price war ended
The historic oil production deal had almost been derailed by a fight between Saudi Arabia and Mexico, forcing Trump to broker a face-saving solution
www.detroitnews.com
Dems Cut Trump’s Effort to Replenish SPR When Oil Was Cheap Oil
In March of 2020 President Trump wanted to replenish the Reserve when oil prices were low but Democrats derailed the plan.
www.breitbart.com
Breitbart is your news source? No wonder you're so screwed up.Dems Cut Trump’s Effort to Replenish SPR When Oil Was Cheap Oil
In March of 2020 President Trump wanted to replenish the Reserve when oil prices were low but Democrats derailed the plan.
Lol...lol
Lol...lol
OPEC considers pausing oil production increase after Biden releases more crude
Top oil producers Saudi Arabia and Russia are considering pausing their planned efforts to ramp up oil production, according to The Wall Street Journal, after the U.S. and other energy-consuming countries said they would tap their national strategic petroleum reserves in an attempt to bring down...
Shows how little respect they have for Joey. You would think that Russia would want to help Pudding Brain after he gave approval to their pipeline. Unfortunately for us, they're smart enough to know that the US is being run by a demented old fool that they can take advantage of.OPEC considers pausing oil production increase after Biden releases more crude
Top oil producers Saudi Arabia and Russia are considering pausing their planned efforts to ramp up oil production, according to The Wall Street Journal, after the U.S. and other energy-consuming countries said they would tap their national strategic petroleum reserves in an attempt to bring down...www.foxbusiness.com
