Posted on 06/23/2011 8:55:21 AM PDT by bt_dooftlook
Edited on 06/24/2011 7:04:03 PM PDT by Admin Moderator. [history]
WASHINGTON (AP)
(Excerpt) Read more at theblaze.com ...
except Clinton did it to help Al Gore’s pres campaign by making gas cheaper
another cynical political move in the name of an national emergency
Some of us remember
Double-plus abject failure flaming moron alert. This is like calling 911 when your chicken McNugges were omitted from your McD order.
I wonder if this means we are about to become seriously involved in Libya.
That will add 2.7 bill to the coffers. Notice...right after the Fed Bond sale (or whatever) was eliminated.
Oh yeah I remember Gore was after him for awhile before he did it.
Well duh but he is pullin a Clinton ploy too late.
A Dumb move by a Dummy,what would you expect?
This is moronic. Oil prices have been coming down in recent months, from a high of $115 per bbl to around $94 yesterday, and there were no signs that it was going to spike back up over $100 anytime soon. So he releases SPR when oil is nearly 20% off its recent highs? Why didn’t he release it when oil was $115?
The SPR was supposed to be an emergency supply in case we were at war and reserves were cut off. Now we’re squandering it with no real emergency (the small disruptions we’re seeing obviously were not even enough to keep it over $100 per bbl so that’s a load of bs.)
I missed that. Did the plant in Omaha meltdown due to flooding (of all things)?
If you know of a credible link here on FR, it will save me fumbling around with the search function, which can be very hit or miss.
You know, the only real green source of effective, scale power is Liquid Flouride Thorium Reactors. They’ve been around for a long time, but they don’t produce P238 as a very valuable ‘waste’ stream.
The Chinese and Indians are in front of the pack on Thorium right now, for reasons that are obvious. India has quite a lot of Thorium.
Obama was against tapping the Strategic Oil Reserve before he was for it. (FAIL from 2008!)
Kudlow gets it, too:
http://www.nationalreview.com/articles/270393/did-iea-just-deliver-qe3-quick-fix-larry-kudlow
A months supply, which will take a month to reach the refineries of which we have a shortage of, no new ones since ‘67. And it will cost us double or triple the cost to replace the 30M barrels.
Are we going to replace those 30 million barrels? If so, where will we get it from?
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