Menu
UHND.com - Notre Dame Football, Basketball, & Recruiting UHND.com - Notre Dame Football, Basketball, & Recruiting

UHND.com - Notre Dame Football, Basketball, & Recruiting

UHND.com - Notre Dame Football, Basketball, & Recruiting UHND.com - Notre Dame Football, Basketball, & Recruiting
  • Football
    • 2025 Notre Dame Football Schedule
    • 2024 Notre Dame Roster
    • 2025 Notre Dame Coaching Staff
    • Injury News & Updates
    • Notre Dame Football Depth Charts
    • Notre Dame Point Spreads & Betting Odds
    • Notre Dame Transfers
    • NFL Fighting Irish
    • Game Archive
    • Player Archive
    • Past Seasons & Results
  • Recruiting
    • Commits
    • News & Rumors
    • Class of 2018 Commit List
    • Class of 2019 Commit List
    • Class of 2020 Commit List
    • Class of 2021 Commit List
    • Archives
  • History
    • Notre Dame Bowl History
    • Notre Dame NFL Draft History
    • Notre Dame Football ESPN GameDay History
    • Notre Dame Heisman Trophy Winners
    • Notre Dame Football National Championships
    • Notre Dame Football Rivalries
    • Notre Dame Stadium
    • Touchdown Jesus
  • Basketball
  • Forums
    • Chat Room
    • Football Forum
    • Open Forum
    • Basketball Board
    • Ticket Exchange
  • Videos
    • Notre Dame Basketball Highlights
    • Notre Dame Football Highlights
    • Notre Dame Football Recruiting Highlights
    • Notre Dame Player Highlights
    • Hype Videos
  • Latest News
  • Gear
  • About
    • Advertise With Us
    • Contact Us
    • Our RSS Feeds
    • Community Rules
    • Privacy Policy
  • RSS
  • YouTube
  • Twitter
  • Facebook
Home > Forums > The Open Forum
Login | Register

I'll answer your question...in hopes that you'll respond, re: Oil Execs ~ CC Denial linkage...

Author: TyroneIrish (21465 Posts - Joined: Oct 8, 2020)
Posted at 9:52 pm on Jul 23, 2025
View All

...here you go on the SPR issue...btw, This is precisely why the SPR was created...i.e. to deal with unstable Oil/Gasoline market prices. No hypocrisy on my part...and certainly none on JB's either.
=================
AI Overview

Multiple sources indicate that the Biden administration has, on average, refilled a portion of the Strategic Petroleum Reserve (SPR) at a lower price than the average price at which oil was sold from the reserve in 2022.

Here's a breakdown

Average Sale Price: The SPR oil released in 2022 (around the time of Russia's invasion of Ukraine) was sold at an average price of $95 per barrel.

Average Purchase Price: The Biden administration has since purchased a significant amount of oil to replenish the reserve, with an average purchase price of about $76 per barrel.

Profit/Benefit: This difference represents a "profit" or savings for the American taxpayer, as the oil was purchased at a lower price than it was sold for. According to Oklahoma Energy Today, this resulted in a $66 million profit on a specific 3 million barrel purchase.

In essence, the administration successfully navigated market fluctuations, selling oil when prices were high and buying it back at a lower average price, providing a financial benefit to the US government and helping to stabilize gasoline prices during a period of market volatility, according to analysis by the US Treasury Department.

-----------------------

As for myself owning an EV...for your information, my wife and I are on a Reserve list for the Purchase of a new model Rivian to be introduced in 2026...once we get a test drive, we'll decide...we've recently test driven Rivian's current model...obviously liked it.


Replies to: "I'll answer your question...in hopes that you'll respond, re: Oil Execs ~ CC Denial linkage..."

  • Lovely. Trump voters = morons. [NT] [LINK] - conorlarkin - 11:10pm 7/22/25 (11) [View All]
    • How many degrees of warming have they mitigated so far? - iairishcheeks - 12:55am 7/23/25
      • Global EV sales rose 25% last year...forecast is for continued growth...apparently, other countries [LINK] - TyroneIrish - 11:10am 7/23/25
        • Start with this issue, not cow farts and gas stoves. [NT] [LINK] - iairishcheeks - 11:36am 7/23/25
      • Exactly. The scam ends now.. [NT] - BaronVonZemo - 1:28am 7/23/25
        • What do you think the correlation coefficient is between owning a private jet and beach front prop? [NT] - iairishcheeks - 1:31am 7/23/25
          • How about the 'Correlation Coefficient' between O&G Execs and Climate Change Denial? [NT] - TyroneIrish - 11:19am 7/23/25
            • Should we talk about your hypocrisy regarding the Strategic Petroleum Reserve? - iairishcheeks - 11:39am 7/23/25
              • I'll answer your question...in hopes that you'll respond, re: Oil Execs ~ CC Denial linkage... - TyroneIrish - 9:52pm 7/23/25
                • There's nothing hypocritical about oil execs wanting us to buy their oil. [NT] - iairishcheeks - 8:17am 7/24/25
          • 0.99 to 1.0. [NT] - BaronVonZemo - 1:33am 7/23/25
    • I’m sure Markharman and a few others on here have data and scientific proof - jimbasil - 11:17pm 7/22/25
Close
  • Facebook
  • Twitter
  • YouTube
  • RSS