1 posted on
11/19/2022 1:11:04 PM PST by
george76
To: george76
2 posted on
11/19/2022 1:13:00 PM PST by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: george76
There are many, many things that can keep us up at night.
This is one of the big ones.
3 posted on
11/19/2022 1:13:36 PM PST by
Hostage
(Article V)
To: george76
a blatant attempt to manipulate the price of oil to desperately drive down gasoline prices at the pump.
It is instant cash flow for things
4 posted on
11/19/2022 1:13:54 PM PST by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: george76
5 posted on
11/19/2022 1:14:54 PM PST by
VTenigma
(Conspiracy theory is the new "spoiler alert")
To: george76
But we could get oil out of the ground in days if we wanted too right.... Right?
6 posted on
11/19/2022 1:15:20 PM PST by
Bayard
To: george76
Like I needed another reason to invest in real energy.
7 posted on
11/19/2022 1:26:32 PM PST by
SaxxonWoods
(The only way to secure your own future is to create it yourself.)
To: GOPJ; poconopundit; Jane Long; Diana in Wisconsin; Grampa Dave; Godzilla; null and void; aragorn; ..
9 posted on
11/19/2022 1:28:06 PM PST by
Liz
(Vox Populi, Vox Dei (the voice of the people is the voice of God))
To: george76
The article doesn’t discuss who were the recipients of the SPR oil, and how much money the gov’t reaped by the sales this year.
11 posted on
11/19/2022 1:35:29 PM PST by
NautiNurse
(There was a 2022 mid-term Red Wave...in Florida! )
To: george76
I thought terrible shape was bad enough.
5.56mm
12 posted on
11/19/2022 1:36:38 PM PST by
M Kehoe
(Quid Pro Joe and the Ho got to go)
To: george76
These tow old f###s need to be put in a covid nursing home
To: george76
Maybe there is only one puppet master for Biden Xi.
14 posted on
11/19/2022 1:39:53 PM PST by
Vaduz
(LAWYERS )
To: george76
We won’t need any of that nasty oil because we’ll all be driving EV’s soon.
And then there is the heating problem in the winter. But hey, just get a heavier coat. Problem solved.
16 posted on
11/19/2022 1:46:06 PM PST by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: george76
The goal is to deplete it and then never refill it.
To: george76
Saw an article on oilprice.com which said that global demand is now at 101% of pre-covid period, while production is 99%.
In sum, the world is at the point where it is using more than it produces.
Biden’s pilfering from the SPR for election purposes has helped keep a lid on prices. Maybe a coming recession will knock down demand too for a while
But otherwise, there is a structural deficit which will show up sooner or later in higher prices.
18 posted on
11/19/2022 1:50:37 PM PST by
PGR88
To: All
Worse than I think?
I’d be shocked if there is really anything left.
To: george76
25 posted on
11/19/2022 2:20:08 PM PST by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: george76
There’s tons of coal, oil, and shale below the entire North American continent as well as offshore, and it isn’t being pursued to the best of abilities!
27 posted on
11/19/2022 2:21:39 PM PST by
johnthebaptistmoore
(The world continues to be stuck in a "all leftist, all of the time" funk. BUNK THE FUNK!)
To: george76
... the SPR — which now essentially stands at about 100 million barrels, ...
U.S. daily consumption is approx. 18.6 million barrels.
100 million barrels = approx. 5.4 days of U.S. daily consumption.
46 posted on
11/19/2022 5:30:32 PM PST by
TigersEye
(The Democrat Party is criminal, unAmerican and illegitimate )
To: george76
53 posted on
02/14/2023 3:37:41 AM PST by
mewzilla
(We will never restore the republic if we don't first secure the ballot box.)
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