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To: conservative98

Ought to be a way to have CNBC column on Trump up at the same time when CNBC column on Biden advocates the same device.

I would say this...if there were a shortage of oil, release of the reserve would be a reasonable answer. In this case, deregulating Biden’s system, and allowing US production...would trigger the lessening of the price within 30 to 60 days.

But in the midst of this...remember, Joe isn’t making the decisions...his handlers are. All of them have stocks and ‘shorts’ to their portfolios.


3 posted on 11/23/2021 4:53:00 AM PST by pepsionice
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To: pepsionice

Now CNBC 2 minutes ago...

U.S. to release oil from reserves in coordination with other countries to lower gas prices
PUBLISHED TUE, NOV 23 2021 7:10 AM EST
UPDATED 2 MIN AGO

“This is a well timed move to try and lower oil prices,” said John Kilduff, partner at Again Capital. “This added supply should help to bridge the production shortfall ahead of winter, especially if we get confirmation of meaningful supply, as well, from several of the major Asian consuming nations,” he added.

https://www.cnbc.com/2021/11/23/biden-says-us-will-tap-strategic-petroleum-reserve-as-gas-prices-hover-around-7-hear-high.html


7 posted on 11/23/2021 5:04:33 AM PST by conservative98
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