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Biden must tap oil reserves to lower gasoline prices, Schumer says
Reuters ^ | November 14, 2021

Posted on 11/16/2021 3:06:06 PM PST by lowbridge

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To: butlerweave

Clinton sold the oil to his pals, like Jesse Jackson Jr...


41 posted on 11/16/2021 4:07:16 PM PST by piasa (Attitude adjustments offered here free of charge)
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To: piasa

Unfortunately, Democrats define “national emergency” as any period in which their leadership becomes less popular than turds in a swimming pool.


42 posted on 11/16/2021 4:10:32 PM PST by piasa (Attitude adjustments offered here free of charge)
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To: Cobra64

Ah, but at these prices it will fund a lot of dem dreams.


43 posted on 11/16/2021 4:12:22 PM PST by Pikachu_Dad ("the media are selling you a line of soap)
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To: lowbridge

Chucky would have a tough time finding his ass with both tied behind his back


44 posted on 11/16/2021 4:18:11 PM PST by dearolddad
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To: lowbridge

Mr. President, we need a temporary fix to your stupidity. After the mid-terms you can get stupid again.


45 posted on 11/16/2021 4:19:12 PM PST by SaxxonWoods (“There are no rules here – we're trying to accomplish something.” -Thomas A. Edison )
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To: lowbridge

Several Presidents have resorted to this but it never makes an appreciable impact on prices. There just isn’t enough oil in the reserve in comparison to worldwide production.


46 posted on 11/16/2021 4:20:37 PM PST by colorado tanker
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To: lowbridge

Oh Chucky, haven’t you heard?
The resident can’t do anything to change gas prices.
Just ask “Jensocky”.


47 posted on 11/16/2021 4:20:50 PM PST by Do_Tar (Do I really need a /sarc?)
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To: lowbridge

Dumb & Dumber leading the stupid parade.


48 posted on 11/16/2021 4:23:05 PM PST by ridesthemiles ( )
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To: colorado tanker

Wiki says the SPR can only extract 4.4m bbl/day and world oil production is 88m bbl/day


49 posted on 11/16/2021 4:26:31 PM PST by nascarnation (Let's Go Brandon!)
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To: nascarnation

More evidence that Democrats just don’t understand the law of supply and demand.


50 posted on 11/16/2021 4:28:10 PM PST by colorado tanker
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To: lowbridge

FU you New York asswipe.


51 posted on 11/16/2021 4:38:18 PM PST by dljordan (Slouching towards Woketopia)
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To: butlerweave

Drawing down the reserves.. ie. selling them to refiners of crude oil does little or nothing to the much larger conversion of refined national crude (in multiple refinery locations in the US, some of which have been built per the efforts of then GWBush to increase capacity of gasoline stocks).

What it DOES do for Schumer and other liberal jokers who put this bandaid BS crap out all the time-— it creates a NEED for the funding of US Govt. Strategic oil reserve REPLENISHMENT.— at current Barrel prices well over 80 dollars a crude barrel. What is in the Reserve is stored crude at a MUCH lower price, and this crude is for National Security (not supplying running around town gasoline for the general public). It is US Military purposed.

Schumer is an a@@— an understatement of a crude stupid clever he thinks a@@hole, who interestingly hates Israeli sovereignty.


52 posted on 11/16/2021 4:38:40 PM PST by John S Mosby (Sic Semper Tyrannis)
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To: lowbridge

Schumer has always been, and always will be an IGNORANT ASS!

If I recall correctly, it was HIS GUY who shut down the Keystone Pipeline and stopped all drilling and pumping he possibly could.

Why not just rescind all BRAINDEAD BIDEN’s stupid executive orders and open up our oil fields, refining facilities, and transport facilities.

NO, I GUESS THAT WOULD MAKE AMERICA GREAT AGAIN!


53 posted on 11/16/2021 4:40:23 PM PST by 5th MEB (Progressives in the open; --- FIRE FOR EFFECT!!)
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To: Extremely Extreme Extremist

Bingo! We have a winner!


54 posted on 11/16/2021 4:41:50 PM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: lowbridge

Shiitehead Schumer is definitely worried about elections next year. He could really GAS about gas prices.


55 posted on 11/16/2021 4:48:40 PM PST by VeniVidiVici (White privilege will NOT get you a job in IT)
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To: lowbridge

And what happens when that doesn’t have any real impact on the price at the pump? Hmmm?

The strategic oil reserves can never have more than a minute impact on prices. It’s there to maintain a supply to refiners in case of a interruption in supply. That and to provide an additional volume buyer when the oil producers pump so much oil the prices drop thru the floor.


56 posted on 11/16/2021 4:51:56 PM PST by Tallguy
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To: lowbridge

Republicans need to hit HARD that “asking” OPEC to pump is no solution. We have our OWN solution to the problem and the Democrats are not willing to help Americans.


57 posted on 11/16/2021 4:52:09 PM PST by VeniVidiVici (White privilege will NOT get you a job in IT)
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To: VeniVidiVici

I’m sure Saudi Arabia isn’t going to roll-over and pump more oil because Biden asked them to. Saudi Arabia is seriously threatened by the Iranians and the Yemeni Houthi militias that blew up one of their refineries a while back. The Saudis need to get Bidens attention. If anything they’ll continue to cut production until Washington caves or Biden is forced out.


58 posted on 11/16/2021 5:00:24 PM PST by Tallguy
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To: lowbridge

Schmuckie needs to spend more time on the NYC Subways.


59 posted on 11/16/2021 5:53:34 PM PST by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: lowbridge; All
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60 posted on 11/16/2021 5:55:21 PM PST by musicman (The future is just a collection of successive nows.)
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