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Biden drains entire Northeast Gasoline Reserve

Author: lmcdonald (1275 Posts - Joined: Sep 9, 2020)

Posted at 10:47 am on May 22, 2024
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This should lower gas prices three or four cents a gallon

Link: https://www.zerohedge.com/energy/biden-drains-entire-northeast-gasoline-reserve-bid-lower-gas-prices-he-trails-trump-double

Replies to: Biden drains entire Northeast Gasoline Reserve


Thread Level: 2

1200 coal power plants in China but YOUR car is the problem.

Author: LanceManion (7944 Posts - Joined: Jul 16, 2010)

Posted at 12:26 pm on May 22, 2024
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(no message)

Imposing corporate abuse, neglect and greed on deserving victims.
Thread Level: 3

China also has over 200 Nuclear Power Plants in their pipeline...but they need to pay for them with

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 1:53 pm on May 22, 2024
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earnings from today's coal fired plants...not ideal, and they could manage their grid better...but it is what it is...a messy "transition".

Thread Level: 4

India and China are building new coal plants weekly.

Author: irishsmashmouth (3294 Posts - Joined: Oct 26, 2010)

Posted at 5:08 pm on May 22, 2024
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(no message)

Thread Level: 5

Both India and China want to be economic powerhouses...that's takes energy...NOW...

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 6:30 pm on May 22, 2024
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and coal fired plants are much easier to build...NOW.

New Nuclear Power Plants take more time to build, approve and staff. You can't just snap your fingers. Fortunately, the Biden admin has passed legislation to get GEN-IV plants through the demonstration phase and hopefully into widespread construction by 2030...write your representatives, urging them to support this transition.


Link: https://www.economist.com/china/2023/11/30/china-is-building-nuclear-reactors-faster-than-any-other-country

Thread Level: 6

They don't believe in the models.

Author: iairishcheeks (27174 Posts - Original UHND Member)

Posted at 12:42 am on May 23, 2024
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(no message)

Thread Level: 4

The 'transition', in the unlikely event that it ever happens, would take at least 50 years

Author: Nigel Tufnel (8035 Posts - Original UHND Member)

Posted at 3:12 pm on May 22, 2024
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The only hope is that global emissions don't grow as rapidly in the future, but there can be no question that emissions will continue to rise strongly.

This is what you alarmist morons don't - or refuse to - grasp. It does not matter what we in the US do. Read that last sentence 100 times. This is why you look so foolish when you throw hissy fits over FL offshore windmills. Whether we all drive diesel F-350s or Teslas, heat our homes from open coal pits or solar power, eat steak for every meal or consume tofu burgers - IT DOES NOT MATTER.

Just one data point below. And this doesn't take into account the growing energy needs of emerging countries with large populations like Indonesia, Nigeria, Pakistan, Vietnam, Bangladesh. Our emissions could stay the same or decline materially, and it would make no difference whatsoever.

I know I'm wasting my time, but someone needs to counter your idiocy.

Screenshot-2024-03-07-at-8-44-26-AM.png


'I define fear as standing across from Joe Louis and knowing he wants to go home early.' - Max Baer
Thread Level: 5

Am I to understand that your solution is to do nothing...and continue incinerating valuable FFs when

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 3:20 pm on May 22, 2024
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there are alternative energy sources for heat and power?...seriously?

Thread Level: 2

Here's what's actually going on...and why...and why that reserve won't be missed.

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 12:18 pm on May 22, 2024
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...from the attached Reuters article...
---------------------
The department created the Northeast Gasoline Supply Reserve in 2014 after Superstorm Sandy left motorists scrambling for fuel. But storing refined fuel is costlier than storing crude oil, so closing the reserve was included in U.S funding legislation signed in March by Biden, a Democrat.

...Bob McNally, president of consultancy Rapidan Energy, said unlike the Strategic Petroleum Reserve that holds hundreds of millions of barrels of crude oil, the gasoline reserve was "too tiny to provide much energy security and won't be missed."

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

btw, the legislation that created the NE Reserve...and mandated its closure...was bipartisan.

Don't put your trust in ZeroHedge.


Link: https://www.reuters.com/business/energy/us-close-northeast-gasoline-reserve-with-1-million-barrel-sale-2024-05-21/#:~:text=WASHINGTON%2C%20May%2021%20(Reuters),the%20near%20decade%2Dold%20reserve.

Thread Level: 3

See, they don't believe the models either.

Author: iairishcheeks (27174 Posts - Original UHND Member)

Posted at 1:00 pm on May 22, 2024
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(no message)

Thread Level: 4

How would you know?...you don't read anything ;-)...

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 1:54 pm on May 22, 2024
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(no message)

Thread Level: 5

Actions, silly.

Author: iairishcheeks (27174 Posts - Original UHND Member)

Posted at 2:03 pm on May 22, 2024
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(no message)

Thread Level: 3

Who u gonna believe, me or your lying eyes?

Author: Curly1918 (16452 Posts - Joined: Aug 30, 2017)

Posted at 12:34 pm on May 22, 2024
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If Biden was caught fondling little girls you’d find a link to what’s actually going on.

This message has been edited 1 time(s).

Thread Level: 4

Read the link...it explains everything...including why that reserve won't be missed.

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 1:48 pm on May 22, 2024
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(no message)

Thread Level: 5

Everything? I did not see any mention of how lower gas prices might save Biden's ass.

Author: Curly1918 (16452 Posts - Joined: Aug 30, 2017)

Posted at 2:29 pm on May 22, 2024
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(no message)

Thread Level: 6

Not sure what you're reading, but JB doesn't need any help from the gasoline reserve...

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 3:27 pm on May 22, 2024
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...from the previously posted article...in case you missed it...
------------------
U.S. gasoline prices are about 30% cheaper now than in June 2022 when they hit a record above $5.00 a gallon. Prices have fallen as U.S. crude oil output has hit a record under Biden.
------------------


Thread Level: 2

His Handler's selfish political priorities are more important to them than country's best interests

Author: BaronVonZemo (59965 Posts - Joined: Nov 19, 2010)

Posted at 10:59 am on May 22, 2024
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And they are just narcissistic and egotistical enough to think that their re-election is the most important thing for this country (when in fact, the opposite is true).

Thread Level: 3

BaHahahahahahaha.....Thanks!

Author: Hibakusha (4668 Posts - Original UHND Member)

Posted at 2:52 pm on May 22, 2024
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(no message)

Thread Level: 3

It's the "Drunk Uncle" again ;-)...what will he rant on next?

Author: TyroneIrish (20461 Posts - Joined: Oct 8, 2020)

Posted at 1:55 pm on May 22, 2024
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(no message)

Thread Level: 3

With big cities crime ridden, drug ridden,, homelessness a big problem

Author: cubsfanin16 (5500 Posts - Joined: Aug 25, 2016)

Posted at 12:14 pm on May 22, 2024
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.I have never! heard this clown ever talk of plight of america.

Thread Level: 4

Good point. There's reasons that Brandon is plummeting in the polls.

Author: BaronVonZemo (59965 Posts - Joined: Nov 19, 2010)

Posted at 2:12 pm on May 22, 2024
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Everyone is coming to feel the ineptitude of his presidency. The damage to our systems which require trust - CDC, NIH,, DOJ, FBI, IRS, military, and now legal system.

Link: https://www.newsmax.com/politics/house-gop-democrats/2024/05/22/id/1165734/

This message has been edited 2 time(s).

Thread Level: 3

With big cities crime ridden, drug ridden,, homelessness a big problem

Author: cubsfanin16 (5500 Posts - Joined: Aug 25, 2016)

Posted at 12:14 pm on May 22, 2024
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.I have never! heard this clown ever talk of plight of america.

Thread Level: 2

"GasBuddy Joe" - Get a coupon for a free fill-up with your student loan forgiveness letter...

Author: TakethetrainKnute (33498 Posts - Original UHND Member)

Posted at 10:57 am on May 22, 2024
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...while supplies last.

Thread Level: 2

Sleepy passed all his gas. P.U.!

Author: Irishize (7596 Posts - Joined: Dec 1, 2018)

Posted at 10:54 am on May 22, 2024
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(no message)

Thread Level: 2

There must be a good,solid reason for this, right? Other

Author: ColeyO (12511 Posts - Original UHND Member)

Posted at 10:53 am on May 22, 2024
View Single

than him being the worst POTUS ever

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