Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD | |
Anonymous Coward User ID: 78679207 United States 05/05/2022 09:59 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 82121352 United States 05/05/2022 10:02 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Once again they are trying to blow out all asset prices so you can't own anything. Once one wraps their head around this what they do makes total sense. Yesterday the Fed was supposed to be clamping down on inflation by continuing to raise rates and today we'll get a blowout in the price of oil totally negating whatever interest rates were supposed to do to inflation. It's not a clown show when you realize theyre trying to kill you and what they're doing is working. |
Anonymous Coward User ID: 79780865 Canada 05/05/2022 10:03 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79780865 Canada 05/05/2022 10:04 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Once again they are trying to blow out all asset prices so you can't own anything. Quoting: Anonymous Coward 82121352 Once one wraps their head around this what they do makes total sense. Yesterday the Fed was supposed to be clamping down on inflation by continuing to raise rates and today we'll get a blowout in the price of oil totally negating whatever interest rates were supposed to do to inflation. It's not a clown show when you realize theyre trying to kill you and what they're doing is working. And let's top that off with the knowledge your military is ALLOWING AND ASSISTING THEM FULLY. |
Anonymous Coward User ID: 82761629 United States 05/05/2022 10:04 AM Report Abusive Post Report Copyright Violation | |
Big Duke6
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Vicious Deplorable dollop
You ain't seen nothing yet! User ID: 81167229 United States 05/05/2022 10:07 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Frankly, when this headline hit we just assumed it was a mistake... but it's not. Just 6 weeks after President Biden unveiled the greatest, most-massivest, democracy-saving plan to release millions of barrels of oil from the Strategic Petroleum Reserve into the market to bring down the price of gasoline at the pump for Americans... which was crushing his approval ratings as the average joe's pocket book is eaten alive by Biden-flation... CNN reports that the Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing America's shrinking emergency oil reserve, an Energy Department official said. "As we are thoughtful and methodical in the decision to drawdown from our emergency reserve, we must be similarly strategic in replenishing the supply so that it stands ready to deliver on its mission to provide relief when needed most," Energy Secretary Jennifer Granholm said in a statement. Beyond trying to refill a vital rainy fund, the Biden administration hopes the buyback plan will encourage domestic oil production by guaranteeing a source of future demand. This cunning plan to sell low and buy high has sent oil prices back above $110... and erased any short-term impact on oil prices from Biden's plan.. And in the meantime, gas prices at the pump are now above where they were when Biden unveiled the cunning plan.. And given the moves in oil and wholesale gasoline, things will not be slowing down anytime soon... So - the plan to sell oil to the market from the SPR was designed to lower oil prices (more supply) and thus lower gas prices... and now the plan to buy oil and refill the SPR is design to lower prices (because it may encourage domestic production)? Yeah I'm sure this will all turn out great! No doubt the Obama-Biden junta is making itself money both ways. Kamala Harris is not a Natural Born Citizen. She's illegally running. Used by the Founders... Book I of The Law of Nations, Chapter XIX, § 212 (Joseph Chitty numbering) – “Citizens and natives” reads: 'The citizens are the members of the civil society; bound to this society by certain duties, and subject to its authority, they equally participate in its advantages. The natives, or natural-born citizens, are those born in the country, of parents who are citizens. As the society cannot exist and perpetuate itself otherwise than by the children of the citizens, those children naturally follow the condition of their fathers, and succeed to all their rights.' 1758 Emerich de Vattel Oh' What the Hell, do I look like I want to die in some nursing home one day... America must have 4 new Constitutional Amendments... 1. Drug Tests and Mental Evaluations on all politicians and judges randomly five times per year. 2. Term Limits for Federal politicians and judges. 3. Mental and health standards for Supreme Court Justices and retirement age set. 4. A 'Star Chamber' of elected Natural Born Citizens (no attorney's) to ivestigate, try, and prosecute the politicians and government employee's as they see fit. Mandatory death penalty by public hanging is the merciful sentence for pedos and their associates. Democrats are a WMD, literally. Let Justice Be Done Though The Heavens Fall. |
Anonymous Coward User ID: 79044425 United States 05/05/2022 10:08 AM Report Abusive Post Report Copyright Violation | |
miabelieves
User ID: 80099467 United States 05/05/2022 10:10 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD yesterday it was 3.74 this morning 4.99 saw a headline that voters are about done with Biden. I thought 'ABOUT'?????? Hold on to your undies, it's gonna be a hell of a ride |
just a dude
User ID: 80080280 United States 05/05/2022 10:11 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Frankly, when this headline hit we just assumed it was a mistake... but it's not. Just 6 weeks after President Biden unveiled the greatest, most-massivest, democracy-saving plan to release millions of barrels of oil from the Strategic Petroleum Reserve into the market to bring down the price of gasoline at the pump for Americans... which was crushing his approval ratings as the average joe's pocket book is eaten alive by Biden-flation... CNN reports that the Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing America's shrinking emergency oil reserve, an Energy Department official said. "As we are thoughtful and methodical in the decision to drawdown from our emergency reserve, we must be similarly strategic in replenishing the supply so that it stands ready to deliver on its mission to provide relief when needed most," Energy Secretary Jennifer Granholm said in a statement. Beyond trying to refill a vital rainy fund, the Biden administration hopes the buyback plan will encourage domestic oil production by guaranteeing a source of future demand. This cunning plan to sell low and buy high has sent oil prices back above $110... and erased any short-term impact on oil prices from Biden's plan.. And in the meantime, gas prices at the pump are now above where they were when Biden unveiled the cunning plan.. And given the moves in oil and wholesale gasoline, things will not be slowing down anytime soon... So - the plan to sell oil to the market from the SPR was designed to lower oil prices (more supply) and thus lower gas prices... and now the plan to buy oil and refill the SPR is design to lower prices (because it may encourage domestic production)? Yeah I'm sure this will all turn out great! No doubt the Obama-Biden junta is making itself money both ways. Buy high sell low - same as Ob did. When your buddies are your customers, you know, Kerry et al with tankers sitting at bay waiting for... |
Blessed E v
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Terrebonne
User ID: 25340097 United States 05/05/2022 10:13 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD The release of the U.S. oil reserved by Biden never got here in the USA, it went to Europe to cover their oil loses from Russia. Biden Sends Emergency Oil Reserves to Europe, Not Our Pumps Joe Biden is shipping our emergency oil reserves to Europe, and it may be illegal since there is no severe energy supply disruption. Biden said he was releasing a historic amount of crude oil each day to lower the gas prices. However, it is going to Europe instead. 50%< [link to www.independentsentinel.com (secure)] . INFJ; We are the protectors. |
Anonymous Coward User ID: 82121352 United States 05/05/2022 10:16 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Once again they are trying to blow out all asset prices so you can't own anything. Quoting: Anonymous Coward 82121352 Once one wraps their head around this what they do makes total sense. Yesterday the Fed was supposed to be clamping down on inflation by continuing to raise rates and today we'll get a blowout in the price of oil totally negating whatever interest rates were supposed to do to inflation. It's not a clown show when you realize theyre trying to kill you and what they're doing is working. And let's top that off with the knowledge your military is ALLOWING AND ASSISTING THEM FULLY. Easily the most terrifying part of all this. There are apparently no good guys left. |
Anonymous Coward User ID: 82761629 United States 05/05/2022 10:20 AM Report Abusive Post Report Copyright Violation | |
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just a dude
User ID: 80080280 United States 05/05/2022 10:23 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD The release of the U.S. oil reserved by Biden never got here in the USA, it went to Europe to cover their oil loses from Russia. Quoting: Terrebonne Biden Sends Emergency Oil Reserves to Europe, Not Our Pumps Joe Biden is shipping our emergency oil reserves to Europe, and it may be illegal since there is no severe energy supply disruption. Biden said he was releasing a historic amount of crude oil each day to lower the gas prices. However, it is going to Europe instead. 50%< [link to www.independentsentinel.com (secure)] . In addition to liquid natural gas shipments... Enjoy the utility bills. Gas cranks up, peak power costs skyrocket (gas turbine gensets), and tax windfalls to boot. |
just a dude
User ID: 80080280 United States 05/05/2022 10:23 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD The release of the U.S. oil reserved by Biden never got here in the USA, it went to Europe to cover their oil loses from Russia. Quoting: Terrebonne Biden Sends Emergency Oil Reserves to Europe, Not Our Pumps Joe Biden is shipping our emergency oil reserves to Europe, and it may be illegal since there is no severe energy supply disruption. Biden said he was releasing a historic amount of crude oil each day to lower the gas prices. However, it is going to Europe instead. 50%< [link to www.independentsentinel.com (secure)] . In addition to liquid natural gas shipments... Enjoy the utility bills. Gas cranks up, peak power costs skyrocket (gas turbine gensets), and tax windfalls to boot. |
Riot708
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WhiskeyBunker
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Anonymous Coward User ID: 79844162 United States 05/05/2022 10:26 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Yeah, I'm pretty sure this is an intentional effort to f* things up. The pres has advisors. It's not just ignorance. That's pretty blatant. I wish we could get rid of the legislators and politicians that are bent on the destruction of American ideals. I'm not sure The USA will survive if this continues much longer. |
DeploraVision ™
User ID: 82205535 United States 05/05/2022 10:26 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Beyond trying to refill a vital rainy fund, the Biden administration hopes the buyback plan will encourage domestic oil production by guaranteeing a source of future demand. Comments have been disabled. |
Oaken Paw
It's the wood that makes it good User ID: 75276837 United States 05/05/2022 10:27 AM Report Abusive Post Report Copyright Violation | |
Riot708
User ID: 77166656 United States 05/05/2022 10:28 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Liberals love it though. Quoting: Anonymous Coward 78679207 That’s why they will steal it again in November, and in 2024. .. the whole “progressive democrat” platform is nothing more than an ongoing never ending psyop. .. heavy psyop with serious consequences. there isn’t anything they do that has any substantial meaning or value to it. it’s all psychological and emotional fluff .. |
Mithradates
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Don Draper from Nantucket
(OP) User ID: 80692948 United States 05/05/2022 10:30 AM Report Abusive Post Report Copyright Violation | |
Don Draper from Nantucket
(OP) User ID: 80692948 United States 05/05/2022 10:31 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Beyond trying to refill a vital rainy fund, the Biden administration hopes the buyback plan will encourage domestic oil production by guaranteeing a source of future demand. Quoting: DeploraVision ™ My thoughts exactly! PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
Anonymous Coward User ID: 79844162 United States 05/05/2022 10:31 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Beyond trying to refill a vital rainy fund, the Biden administration hopes the buyback plan will encourage domestic oil production by guaranteeing a source of future demand. Quoting: DeploraVision ™ Thats why Buffett just plunked down on OXY. Probably had inside info. That "guaranteeing a source of future demand" is an interesting choice of words. Hard to say what they have in store for us. |
Anonymous Coward User ID: 79785951 United States 05/05/2022 10:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79844162 United States 05/05/2022 10:36 AM Report Abusive Post Report Copyright Violation | Re: Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs...CLOWN WORLD Beyond trying to refill a vital rainy fund, the Biden administration hopes the buyback plan will encourage domestic oil production by guaranteeing a source of future demand. Quoting: DeploraVision ™ I think they're inferring that the domestic energy extraction companies require higher prices. So they're going to juice the crude price a bit to make sure the energy companies stay viable, and continue to attract some semblance of investor capital to invest in future projects. Part of the problem with energy prices is that a LOT of capital moved from "classical" energy (hydrocarbon) companies, and into "go green renewable" companies. Investments in todays production of (hydrocarbon) energy went to batteries, windmills and solar, etc. Now the companies can only work with the capital they have, and they're being VERY cautious about not scaring away their investors. So high prices it is. |