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Exclusive: White House dusting off plan for potential oil release
Reuters ^ | August. 16, 2012 | Jeff Mason

Posted on 08/16/2012 11:51:42 AM PDT by Free ThinkerNY

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1 posted on 08/16/2012 11:51:50 AM PDT by Free ThinkerNY
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To: Free ThinkerNY

Go ahead 0 and when it has very very little effect it will simply remind everyone how intellectually bankrupt you are on economic and energy issues.


2 posted on 08/16/2012 11:53:30 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: Free ThinkerNY

TRanslation: ODUMBO is going to try a hail mary pass by manipulating gas prices right before the election.


3 posted on 08/16/2012 11:54:43 AM PDT by commish (Freedom tastes sweetest to those who have fought to preserve it.)
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To: Free ThinkerNY
That is NOT going to solve the problem in California, where the price of gasoline has rocketed past US$4/US gallon because of the isolation of the state from the rest of the country in terms of petroleum supplies.
4 posted on 08/16/2012 11:55:23 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Free ThinkerNY

“...to dampen rising gasoline prices and prevent high energy costs from undermining the success of Iran sanctions...”

I call B.S. on this one. Obviously the Obama Administration is doing this to prevent the high gas/oil prices from hurting his election chances. Once the election is over, up the gas prices will go again.

This is not what the oil reserves should be used for (Obama’s own personal gain). Doesn’t any other authoratative body have to give the go-ahead for this to occur, or will this be done by executive order?


5 posted on 08/16/2012 11:56:16 AM PDT by MNGal
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To: Free ThinkerNY

Once again...I will post.

BRIBE...FRAUD...BUY...LIE....

SO TO THE JERK IN OUR WHITE HOUSE....DRILL HERE DRILL NOW... DON’T OFFER A COUPLE PENNIES, WE CAN’T BE BOUGHT..GO BACK TO AFRICA.


6 posted on 08/16/2012 11:58:25 AM PDT by haircutter
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To: RayChuang88
AND the fact the the idiots mandate we have a unique blend of gas sold no where else in the USA.

Wouldn't it be nice IF we had a standard for the whole country where they worry about pollution?

7 posted on 08/16/2012 11:59:56 AM PDT by I Drive Too Fast
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To: Free ThinkerNY
U.S. W.H. officials will monitor market conditions Poll Results over the coming weeks, watching before deciding whether to manipulate gasoline prices fall after the September 3 Labor Day holiday

There, fixed it.

8 posted on 08/16/2012 12:00:01 PM PDT by commish (Freedom tastes sweetest to those who have fought to preserve it.)
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To: Free ThinkerNY

Because it’s so much easier to waste resources than to exercise leadership.

de-escalate the Syria adventure, and publicly back Israel to the hilt, deploy Aegis Cruisers as a missile shield and make a big show of resurrecting the ABL, bluffing a deployment if required. Oil prices would collapse.


9 posted on 08/16/2012 12:01:47 PM PDT by Jack of all Trades (Hold your face to the light, even though for the moment you do not see.)
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To: Free ThinkerNY

Hmm Ayn Rand’s quote on the looters not caring about anything but the loot lasting their lifetime comes to mind. Considering dear leader makes six figures a year and will probably still make it after he gets thrown out, it’s no wonder his only concern regarding gas prices is that they don’t affect him politically.


10 posted on 08/16/2012 12:03:36 PM PDT by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: Free ThinkerNY

Beyond stupid.


11 posted on 08/16/2012 12:04:44 PM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: I Drive Too Fast

There are now more than 50 varieties of gasoline sold in the US,


12 posted on 08/16/2012 12:06:09 PM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: Free ThinkerNY
The White House is "dusting off old plans" for a potential release of oil reserves to dampen rising gasoline prices and prevent high energy costs from undermining the success of Iran sanctions

I predict these dusted off plans will come into effect....
just a few weeks before the election.

Class, can you say ma-nup-u-la-tion?

IMHO, the People at large are beginning to, and they're getting really ticked!

13 posted on 08/16/2012 12:09:33 PM PDT by MamaTexan (I am a Person as Created by the Laws of Nature, not a person as created by the laws of Man)
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To: Free ThinkerNY
Exclusive: White House dusting off plan for potential oil release

Monumentally stupid idea.
The National Strategic Reserve is intended to exist to safeguard national security, not for political manipulation.

Just see it for what it is, another Obama "great idea" and enough said.

The Chicago Robin Hood rides again!

14 posted on 08/16/2012 12:15:22 PM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: Eric in the Ozarks

Yes. Too many blends. Of course California’s is the most stringent thank to unelected boards like AQMD (Air Qulity Management District).


15 posted on 08/16/2012 12:21:09 PM PDT by I Drive Too Fast
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To: publius911
,,,is intended to exist to safeguard national security, not for political manipulation.

Dumping it on the market for votes while Israel is talking about a 30 day war with Iran.

Another in a long line of anti-American moves by 0bama.

As you said, it is named the U.S. Strategic Petroleum Reserve for a reason.

16 posted on 08/16/2012 12:26:40 PM PDT by TYVets (Pure-Gas.org ..... ethanol free gasoline by state and city)
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To: Free ThinkerNY

I see this differently than what everyone else does.

Obama decides to release some oil unexpectedly.

He has one of his Deacons who worship at his feet get hold of a few dozen big investment types who have large holdings in energy and gives them the inside scoop before the announcement.

They sell short.

He announces and the prices take a dive.

They make untold millions and a percentage of that goes into PACs now that they can contribute unlimited amounts into campaigns.

It’s all about his predecessor, Mr. Benjamen...


17 posted on 08/16/2012 12:32:11 PM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: Free ThinkerNY

Let’s see....”we can’t drill ourselves out of this mess” as a permanent solution...but we can release our strategic reserves....and affect prices...temporarily.

Typical of everything the Obama administration does.


18 posted on 08/16/2012 12:36:04 PM PDT by wayoverontheright
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To: I Drive Too Fast
AND the fact the the idiots mandate we have a unique blend of gas sold no where else in the USA.

....and the fact that the Richmond refinery (supplies 10% or so of CA petrol) just shut down due to a major fire.

19 posted on 08/16/2012 12:37:49 PM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: RayChuang88
I am paying $4.19 a gallon in California. 3 weeks ago it was $3.94 at the same station then the following week they had the Refinery fire in Richmond and it went up and keeps going up. The news readers here are blaming the high price on the fire but as you can see it was already almost $4.00 per gallon before the fire. I blame OBAMA and the COMMIES in the DEMOCRAT party.
20 posted on 08/16/2012 12:38:35 PM PDT by funfan
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