The SPR was created in the event of an Act of God energy supply. Not for climate cult Presidents to
keep prices down when their ludicrous policies cause the high prices. What a idiotic administration. They are way over their skies.
Wouldn’t it be better for US oil producers to sell into a higher priced global market? Instead of begging our enemies to do more? And why not offset our trade imbalance with China.
Link: https://www.cnbc.com/2021/11/23/biden-says-us-will-tap-strategic-petroleum-reserve-as-gas-prices-hover-around-7-hear-high.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
Replies to: The SPR was created in the event of an Act of God energy supply. Not for climate cult Presidents to
Biden considers his Vatican accident a sufficient “act of God”…
(no message)
Theory: Joe's colonoscopy prompted by European trip problems.
(no message)
A true “holy shit” moment.
(no message)
He’s draining reserve to help his poll #s- will have to buy it back at higher price & what about CC?
He knows it’s bullshit
Far better to let greedy Arabs, Russians and Venezuelans derail Western economies. /S
(no message)
Brandon should have thought of that earlier
(no message)
It’s a good move. It can always be refilled.
This is hardly unprecedented.
And it’s in the national interest.
A no-brainer.
At a higher price for sure under JB. More spending for temp poll benefit
….without reinstating oir production, Biden has fucked us over.
And if it were to treat Climate Change, then he wouldnt actually do this … you know…for the sake of the world and survival…right?
why?
(no message)
there is no why. Biden dune us bad
(no message)
His actions caused the shortage. It an act of desperation by a senile old man, who can't
control his bowels, let along the oil shortage in the country
J Biden: "It does, on the surface, seem inconsistent, but . . ."
The Pros
He’s trying to hide the actual results of his policies
(no message)
...and the market is reacting about like you'd expect
Yet another purely symbolic move that will accomplish absolutely nothing, as everyone knows. Just like his letter to the FTC last week asking them investigate imagined 'price-gouging' by energy producers.
Pure politics that reek of desperation.
It's all legal...we're collaborating with other nations who are doing the same thing as well...
Don’t you care about the Earth and CC? Those other countries won’t join Paris Acc either….
….so by your reasoning then, can we back out of that too?
You know its BS also. Lol.
It’s strange you always take a position that weakens America. Do you see that? Why should you care
what other nations are doing. Do you realize that as big as China is they are devoid of fossil fuels but have plenty of dirty coal. Why not take advantage of their situation. Look at the world through American eyes. Can you do that?
Why would this “weaken America”? The bullishit is especially incoherent today.
(no message)
As a net exporter, especially to China, it enhances our influence.
(no message)
What enhances our influence? Taking out 8% of the strategic reserve? That weakens us too?
(no message)
Try to follow along. Being a net exporter of oil is better than being a importer. Do you get that?
(no message)
Without our 7B Bbls/yr of Imported Oil, our known reserves would run out in 4.8 years...we are NOT
"Energy Independent"...witness what OPEC is doing to us right now.
Will that be before or after the Earth blows up from climate change?
(no message)
Try to focus...w/o any imported oil, we run out in 4.8 years at our current consumption level.
(no message)
Did Greta tell you that?
(no message)
LOL...can't say I didn't try...
(no message)
Debunked multiple times
You keep trotting it out hoping nobody remembers. Sad
The action is intended to maintain GDP growth for the U.S. and other nations (see Link)
I'm sure you'd agree that outcome makes the U.S. stronger...correct? Here's an excerpt from the brief article attached...
“The supply side support is intended to quell oil prices and keep pandemic GDP recovery on track, especially amid the backdrop of an increasingly inflationary macro environment,” she adde"
Please don't just make stuff up.
Link: https://www.cnbc.com/2021/11/23/biden-says-us-will-tap-strategic-petroleum-reserve-as-gas-prices-hover-around-7-hear-high.html
hope the GDP recovers before the 2024 election...it won't
(no message)
Why are you so concerned with other nations? Pick another country and move there.
(no message)
We are dealing with OPEC...there is strength in numbers...way better than going it alone...does that
make any sense to you?
it will tranlate to votes. sorry that just the way it is
(no message)
No. You mean like Germany who put their energy future in Russia’s hands.
(no message)
You asked why I cared about other countries...I answered...why do you want the U.S. to stand alone?
How is that a better strategy?...Better yet...what's YOUR strategy for dealing with OPEC?
Produce more oil
(no message)
For how long?
(no message)
Can we last a month?
(no message)
Ask Greta.
(no message)
You don't understand how the Pros work
(no message)
Haha. I like your routine.
(no message)
Biden regime is in panic mode,flailing from one crisis to the next crisis
(no message)