Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising | |
DuckNCover
User ID: 79959009 United States 11/23/2021 04:23 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising If it wasn't for Trump that reserve would be very low. Biden is just trying to drain the supply. Next step.... Quoting: Coraline trump did his globalist job, Biden is continuing his legacy you're too thick to understand it Are you fking retarded or just a propaganda liberal whore? I work in the oil industry (for a fortune 500 company fyi) and trump signed several bills for drilling, fracking, energy solutions research and building the infrastructure of a self dependence on the oil industry within the country. Anytime you want to challenge this stance we can debate the "understanding" term you mentioned, as I'm very aware of past and present economic policies within the field. And he drove over 5000 small companies in Texas out of business too. Do you think cheap oil is good for the economy in texas, or in any state for that matter? Yes, cheap oil is good for any States economy. It means more people can drive their vehicles to go places and spend money. As of the 5000 Companies that went out of business, it is because of their business model could not adjust to the cheaper oil prices. It's the same thing with CoVid and the restaurant business. Those restaurants couldn't change their business model and they went out of business... The question arises is what would be a happy medium for oil prices to partially sustain the industry and let the small companies flourish too... Possibly $50 for a barrel of oil, but it is all supply and demand... IMO, the Biden Administration will drop oil prices by another lock down. Remember, a dark winter as in Small Pox being the next Pandemic. This will also put the brakes on the Stock Market and Economy overheating. No Malt down until the 2022 midterm elections are over. Then they can blame the Republicans for all the problems... |
DuckNCover
User ID: 79959009 United States 11/23/2021 04:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79844162 United States 11/23/2021 04:57 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve..... and prices go up. Quoting: Anonymous Coward 72946100 [link to oilprice.com (secure)] There are some interesting graphs there as well. Anybody have a clue, how big is the reserve? Is this 1% of it, or 50%? There are countries like Finland or Switzerland, who are prepared to fight a full-scale war out of reserves alone for 6-9 months. That covers food, ammo, service, airforce, air defence, ground forces, special forces, even navy! How is it in the US? I doubt that long. White countries full of patriots who prepare for war in order to avoid it. :racist: What is the opposing strategy? Back up against the wall with your face in your hands hoping everyone in the world is as nice as your preference? No. Sometimes it's time to fight. |
TerraFirma's Esoterrorist
User ID: 81038697 United States 11/23/2021 04:59 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising Biden just became my fav fossil fuel stocking stuffing Santa! Quoting: TerraFirma's Esoterrorist "Coordinated STR Release" rocked US oil price up $2 today. And my oiler stock only portfolio is UP $11,000...at close. "I'll have a Green, Green, Green, Green Christmas." "Keep a weather eye to the chart on high and go home another way" –James Taylor Never Die Young |
Don Draper from Nantucket
User ID: 80692948 United States 11/23/2021 05:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80144523 United States 11/23/2021 05:03 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising More oil shortage bullshit!!! Quoting: Perma-Banned The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices. “American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,” the White House said in a statement. [link to www.breitbart.com (secure)] whatta total buffoon beg opec china russia to increase production to bail his ass for midterms obama had hardball advisors that kept him outta trouble got him reelected biden dont have thaat total embarrassment |
Anonymous Coward User ID: 79844162 United States 11/23/2021 05:06 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising And at a higher price so it's adjusted for inflation! :cage: Clown world! All the inflation static is due to the inability of the energy industry to produce product and turn a profit. Thus the lockdowns....pipe line hack....airline woes...price of wood...etc. It all has to do with the affordability of liquid hydrocarbons. I wish it didn't. |
Anonymous Coward User ID: 80144523 United States 11/23/2021 05:07 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising More oil shortage bullshit!!! Quoting: Perma-Banned The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices. “American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,” the White House said in a statement. [link to www.breitbart.com (secure)] whatta total buffoon beg opec china russia to increase production to bail his ass for midterms obama had hardball advisors that kept him outta trouble got him reelected biden dont have thaat total embarrassment More oil shortage bullshit!!! Quoting: Perma-Banned The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices. “American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,” the White House said in a statement. [link to www.breitbart.com (secure)] whatta total buffoon beg opec china russia to increase production to bail his ass for midterms obama had hardball advisors that kept him outta trouble got him reelected biden dont have thaat total embarrassment bet he dont talk much about paris climate accords think americans already sik of that. |
Anonymous Coward User ID: 79844162 United States 11/23/2021 05:10 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising More oil shortage bullshit!!! Quoting: Perma-Banned The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices. “American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,” the White House said in a statement. [link to www.breitbart.com (secure)] whatta total buffoon beg opec china russia to increase production to bail his ass for midterms obama had hardball advisors that kept him outta trouble got him reelected biden dont have thaat total embarrassment All major countries have the data, and are trying to shuffle things around, and make deals to influence who will have the last little bit of profitable fuel. Cause that nation (bankers) will rule the world. Until that country can no longer produce product profitably either. It's a compelling conundrum to witness. |
Shock-n-Awe
User ID: 81214282 United States 11/23/2021 05:18 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising I been having a bad feeling lately that we are approaching peak oil, and or not really but the powers that be are going to say we are. Either way it will likely add haste to the whole dark winter thing...just my 2 cents Quoting: Don Draper from Nantucket There is 100 years of oil sitting in the ground in Texas alone. We are nowhere near peak oil. Good luck getting it out of the ground with poopy pants biden at the helm! THIS IS WHAT I CALL REALLY DRAINING THE SWAMP: Biden's Cabinet is Supremacist |
Swingline
Forum Moderator User ID: 78291643 United States 11/23/2021 05:29 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising https://twitter.com/_/status/1463229932352552969 What a fool https://twitter.com/_/status/1463239341845659656 Last Edited by John Dutton on 11/23/2021 05:29 PM “I’m the wall that progress ran into" |
Desert Oasis
User ID: 80782083 United States 11/23/2021 05:30 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising More oil shortage bullshit!!! Quoting: Perma-Banned The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices. “American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,” the White House said in a statement. [link to www.breitbart.com (secure)] Considering Americans use 19 million gallons a day that’s mighty white of the old turd!!! Last Edited by Trap’d in a Phone on 11/23/2021 05:30 PM |
Anonymous Coward User ID: 76742805 United States 11/23/2021 05:30 PM Report Abusive Post Report Copyright Violation | |
OICU812
User ID: 80317327 United States 11/23/2021 05:34 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising whoop de do ... the US uses just over 18M per day, so ~ 5, 6 days ... that will really put those prices down Quoting: Satirist what a clown First of all, check your math... or use a fucking calculator. 50 million bpd divided by 18+ million bpd consumption = less than 3 days. Secondly, the oil must be extracted from the holes in the ground (which are caverns washed out of salt domes underground) which takes days, if not weeks, then transported to refineries and made into gasoline (which takes at least 30 days). Now, tell me how much gasoline prices will be impacted. I say nada "Oh, uh, there won't be any money, but when you die, on your deathbed, you will receive total consciousness." So I got that goin' for me, which is nice. |
Anonymous Coward User ID: 77991701 United States 11/23/2021 05:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 56026143 United States 11/23/2021 05:37 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising Stupid Obiden screwed all of us when we were a zero importer and a net exporter of crude. All by design... Chip shortages for GM and Ford but none for Tesla,,,,hmmm. |
Anonymous Coward User ID: 46468614 United States 11/23/2021 05:37 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising Is this the oil President TRUMP brilliantly ordered to be used to fill the strategic reserves when COVID hit and oil use plummeted? Thanks TRUMP! America is still WINNING because of TRUMP policies. |
Anonymous Coward User ID: 80144523 United States 11/23/2021 05:39 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising More oil shortage bullshit!!! Quoting: Perma-Banned The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices. “American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,” the White House said in a statement. [link to www.breitbart.com (secure)] whatta total buffoon beg opec china russia to increase production to bail his ass for midterms obama had hardball advisors that kept him outta trouble got him reelected biden dont have thaat total embarrassment All major countries have the data, and are trying to shuffle things around, and make deals to influence who will have the last little bit of profitable fuel. Cause that nation (bankers) will rule the world. Until that country can no longer produce product profitably either. It's a compelling conundrum to witness. when obamas far left advisors started talkin this green energy shit rahm emmanuel famously called them buuncha retards fortunately for him hhe listened to them |
Anonymous Coward User ID: 77991701 United States 11/23/2021 05:42 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising whoop de do ... the US uses just over 18M per day, so ~ 5, 6 days ... that will really put those prices down Quoting: Satirist what a clown First of all, check your math... or use a fucking calculator. 50 million bpd divided by 18+ million bpd consumption = less than 3 days. Secondly, the oil must be extracted from the holes in the ground (which are caverns washed out of salt domes underground) which takes days, if not weeks, then transported to refineries and made into gasoline (which takes at least 30 days). Now, tell me how much gasoline prices will be impacted. I say nada damn, consumption is 50 million barrels per day, wow, wonder how many solar panels and windmills it would take to produce that, and what about coal?. insanity has enveloped us |
Anonymous Coward User ID: 75424185 United States 11/23/2021 05:47 PM Report Abusive Post Report Copyright Violation | |
OICU812
User ID: 80317327 United States 11/23/2021 05:49 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising whoop de do ... the US uses just over 18M per day, so ~ 5, 6 days ... that will really put those prices down Quoting: Satirist what a clown First of all, check your math... or use a fucking calculator. 50 million bpd divided by 18+ million bpd consumption = less than 3 days. Secondly, the oil must be extracted from the holes in the ground (which are caverns washed out of salt domes underground) which takes days, if not weeks, then transported to refineries and made into gasoline (which takes at least 30 days). Now, tell me how much gasoline prices will be impacted. I say nada damn, consumption is 50 million barrels per day, wow, wonder how many solar panels and windmills it would take to produce that, and what about coal?. insanity has enveloped us My bad! Supposed to be 50 million bbls divided by 18 million bpd. fingers not functioning at optimal efficiency due to Jameson consumption "Oh, uh, there won't be any money, but when you die, on your deathbed, you will receive total consciousness." So I got that goin' for me, which is nice. |
Anonymous Coward User ID: 79325582 United States 11/23/2021 05:55 PM Report Abusive Post Report Copyright Violation | |
REaliZe
User ID: 80781908 United States 11/23/2021 05:57 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80144523 United States 11/23/2021 05:58 PM Report Abusive Post Report Copyright Violation | |
OICU812
User ID: 80317327 United States 11/23/2021 06:03 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising The so-called strategic petroleum reserve was a total fucking joke from the get-go. Started in the late 1970's, it was a political farce. Current reported "reserves" are about 700 million bbls. Less than 2 months supply, assuming that all of it can be extracted. "Oh, uh, there won't be any money, but when you die, on your deathbed, you will receive total consciousness." So I got that goin' for me, which is nice. |
VampPatriot
User ID: 76751310 United Kingdom 11/23/2021 06:11 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising There will be NO oil refills after the Reserves are gone. These assholes have already stated plainly they intend to run oil companies out of business plus, Extinction Rebellion is threatening to blow up pipelines now. And Extinction Rebellion is a fucking green cult funded and run by the elites, so that threat is as good as gold. Once it’s gone, it’s gone…by design. Sic Semper Tyrannis. The F in Communism stands for Food. "FREEDOM IS SLAVERY. IGNORANCE IS STRENGTH. WAR IS PEACE. STAYING APART BRINGS US TOGETHER." NWO Mantra |
MississippiGirl
User ID: 75098604 United States 11/23/2021 06:15 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising If it wasn't for Trump that reserve would be very low. Biden is just trying to drain the supply. Next step.... Quoting: Coraline trump did his globalist job, Biden is continuing his legacy you're too thick to understand it No you TDS is strong but your intelligence is not...Tump opened up the USA for drilling and fracking we were producing more oil than Saudi Arabia and Russia we were completely self sufficient. The when PDOJOE took office he shut down everything Trump did and then some. |
Anonymous Coward User ID: 79844162 United States 11/23/2021 08:42 PM Report Abusive Post Report Copyright Violation | Re: Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising whoop de do ... the US uses just over 18M per day, so ~ 5, 6 days ... that will really put those prices down Quoting: Satirist what a clown First of all, check your math... or use a fucking calculator. 50 million bpd divided by 18+ million bpd consumption = less than 3 days. Secondly, the oil must be extracted from the holes in the ground (which are caverns washed out of salt domes underground) which takes days, if not weeks, then transported to refineries and made into gasoline (which takes at least 30 days). Now, tell me how much gasoline prices will be impacted. I say nada damn, consumption is 50 million barrels per day, wow, wonder how many solar panels and windmills it would take to produce that, and what about coal?. insanity has enveloped us The more important question is how much liquid fuel is required to fulfill this "Build Back Better Go Green" initiative? From the estimates I've seen most of that metal is still subsurface. Mining is not cheap, and with not-cheap liquid fuels I imagine it might end up costing a bit more than what most people anticipate. I'm not seeing the CAT and DEER solar mining operation. The battery bank would need to be 50x the footprint of the mine. I guess they could start by mining the metals to manufacture the batteries first. The whole thing is comical. Energy density is a thing, and doesn't give way to concerns about "climate change". |