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My sources say there has been a major release of U.S. oil reserves
Oilfield supply company | 20 October 2013 | Mene

Posted on 10/20/2014 10:25:20 AM PDT by MeneMeneTekelUpharsin

It appears the U.S. government has made a major release of oil reserves to deliberately affect the price of fuel prior to the elections.


TOPICS:
KEYWORDS: energy; oil; oilreserves; release
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Very reliable source.
1 posted on 10/20/2014 10:25:20 AM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin
Very reliable source.

Your source must not have a clue.

Not true.

2 posted on 10/20/2014 10:26:45 AM PDT by thackney (life is fragile, handle with prayer.)
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To: MeneMeneTekelUpharsin

Sounds like a compelling story to argue for XL p/l approval.


3 posted on 10/20/2014 10:26:48 AM PDT by Paladin2
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To: MeneMeneTekelUpharsin

Just before an election.


4 posted on 10/20/2014 10:27:42 AM PDT by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: thackney

It wouldn’t surprise me, though................


5 posted on 10/20/2014 10:27:55 AM PDT by Red Badger (If you compromise with evil, you just get more evil..........................)
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To: MeneMeneTekelUpharsin

Yeah..I’m happpy that the price of fuel is down..but I wouldn’t vote for a democRAT anyway...

I will not say that all Democrats are horse thieves, but it would seem that all horse thieves are Democrats.

- Warren Delano


6 posted on 10/20/2014 10:28:41 AM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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7 posted on 10/20/2014 10:28:55 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: MeneMeneTekelUpharsin

Fantasy


8 posted on 10/20/2014 10:29:43 AM PDT by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: thackney

seriously....gas prices are dropping as a result of oil prices bottoming out...

in essence it would be a good thing for obozo to release oil from the reserves considering what oil prices are doing- just another thing to bludgeon he and the rats with...


9 posted on 10/20/2014 10:29:45 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: MeneMeneTekelUpharsin

Why bother? No one seems to give a crap about gas prices any longer. The media doesn’t tell them to care, so they don’t.


10 posted on 10/20/2014 10:30:41 AM PDT by Phillyred
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To: Red Badger

A “secret” release? How would that effect prices?

You need suppliers and purchases to know about addition oil to impact pricing.


11 posted on 10/20/2014 10:30:53 AM PDT by thackney (life is fragile, handle with prayer.)
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To: MeneMeneTekelUpharsin

Democrat election strategy:

Step one, have Fed insinuate endless QE stimulus of a bogus economy. Plummeting market pauses to celebrate FREE MONEY!

Step two, flood market with oil, drop gasoline prices to Pre-0bama levels, while crippling the only redeeming sector of the economy, Energy.

Step three, profit.


12 posted on 10/20/2014 10:30:55 AM PDT by Rodamala
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To: MeneMeneTekelUpharsin

Typical.

They’ve also cooked the employment books.

Look for a Fed cash infusion to maintain the status quo of liberalism.

Etc.

Big Government gets a vote, and it votes for more Big Government.

Surprise!


13 posted on 10/20/2014 10:31:09 AM PDT by Uncle Miltie (Proud to be Attacked by the GOPe daily!)
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To: MeneMeneTekelUpharsin

I doubt it. Besides, the discovery of massive new oil deposits along with a sluggish economy have every thing to do with lower prices of oil.


14 posted on 10/20/2014 10:32:10 AM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: MeneMeneTekelUpharsin

I don’t know much about this
but why would the fed release reserves when oil prices are down and supply isn’t a problem?


15 posted on 10/20/2014 10:32:15 AM PDT by RWGinger
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To: thackney

If it were true, and I don’t think it is, the reason would be to affect voters’ minds more than actual oil prices..........................


16 posted on 10/20/2014 10:35:24 AM PDT by Red Badger (If you compromise with evil, you just get more evil..........................)
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To: MeneMeneTekelUpharsin

Wouldn’t the recipients of the oil, major publicly traded companies, have to disclose the release?

If they didn’t, they’d be opening themselves up to all sorts of lawsuits, starting with ones from their shareholders for lying. Throw on top of that how many GOP state attorneys general would jump on them for collusion, price fixing, or things along those lines.


17 posted on 10/20/2014 10:35:30 AM PDT by tanknetter
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To: RWGinger

To show voters how much Obola really ‘cares’ about the ‘little guy’....................


18 posted on 10/20/2014 10:36:54 AM PDT by Red Badger (If you compromise with evil, you just get more evil..........................)
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To: MeneMeneTekelUpharsin

Manipulation of the commodities markets is a Federal CRIME! Surely Attorney General Eric withHolder would PROSECUTE it, no?


19 posted on 10/20/2014 10:37:47 AM PDT by 2harddrive
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To: Rodamala

Sounds familiar..................

20 posted on 10/20/2014 10:38:40 AM PDT by Red Badger (If you compromise with evil, you just get more evil..........................)
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