Posted on 10/20/2014 10:25:20 AM PDT by MeneMeneTekelUpharsin
It appears the U.S. government has made a major release of oil reserves to deliberately affect the price of fuel prior to the elections.
Your source must not have a clue.
Not true.
Sounds like a compelling story to argue for XL p/l approval.
Just before an election.
It wouldn’t surprise me, though................
Yeah..I’m happpy that the price of fuel is down..but I wouldn’t vote for a democRAT anyway...
I will not say that all Democrats are horse thieves, but it would seem that all horse thieves are Democrats.
- Warren Delano
Fantasy
seriously....gas prices are dropping as a result of oil prices bottoming out...
in essence it would be a good thing for obozo to release oil from the reserves considering what oil prices are doing- just another thing to bludgeon he and the rats with...
Why bother? No one seems to give a crap about gas prices any longer. The media doesn’t tell them to care, so they don’t.
A “secret” release? How would that effect prices?
You need suppliers and purchases to know about addition oil to impact pricing.
Democrat election strategy:
Step one, have Fed insinuate endless QE stimulus of a bogus economy. Plummeting market pauses to celebrate FREE MONEY!
Step two, flood market with oil, drop gasoline prices to Pre-0bama levels, while crippling the only redeeming sector of the economy, Energy.
Step three, profit.
Typical.
They’ve also cooked the employment books.
Look for a Fed cash infusion to maintain the status quo of liberalism.
Etc.
Big Government gets a vote, and it votes for more Big Government.
Surprise!
I doubt it. Besides, the discovery of massive new oil deposits along with a sluggish economy have every thing to do with lower prices of oil.
I don’t know much about this
but why would the fed release reserves when oil prices are down and supply isn’t a problem?
If it were true, and I don’t think it is, the reason would be to affect voters’ minds more than actual oil prices..........................
Wouldn’t the recipients of the oil, major publicly traded companies, have to disclose the release?
If they didn’t, they’d be opening themselves up to all sorts of lawsuits, starting with ones from their shareholders for lying. Throw on top of that how many GOP state attorneys general would jump on them for collusion, price fixing, or things along those lines.
To show voters how much Obola really ‘cares’ about the ‘little guy’....................
Manipulation of the commodities markets is a Federal CRIME! Surely Attorney General Eric withHolder would PROSECUTE it, no?
Sounds familiar..................
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