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Oil reserves released by Biden expected to primarily go to China, India
FOX Business ^
| 11/24/2021
| Caitlin McFall
Posted on 11/24/2021 7:58:15 AM PST by george76
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To: george76
Meaningless, oil is fungible.
21
posted on
11/24/2021 8:18:13 AM PST
by
SaxxonWoods
(Elvis is dead and Joe Biden doesn't feel so good himself.)
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22
posted on
11/24/2021 8:22:03 AM PST
by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: george76
They made a mistake when they lifted the export restrictions on oil.
23
posted on
11/24/2021 8:22:11 AM PST
by
DannyTN
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
24
posted on
11/24/2021 8:27:30 AM PST
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
To: EinNYC
Hanging is too humane. I suggest burning alive.
It’s okay, I already know I’m on several “lists”. Don’t really care...
To: george76
Don’t forget the Big Guy’s cut.
26
posted on
11/24/2021 8:31:06 AM PST
by
Huskrrrr
(Alinsky, you magnificent Bastard, I read your book!)
To: george76
If a single drop of our strategic reserves goes to China, Biden then needs to be drummed out of office along with his cackle harpie, Kamala.
27
posted on
11/24/2021 8:33:10 AM PST
by
BuffaloJack
(Socialism always ends in concentration camps and murder.)
To: elpadre
Since when did XiDen et all care ONE WHIT about the American consumer?
28
posted on
11/24/2021 8:35:32 AM PST
by
milagro
(There is no peace in appeasement! There)
To: Huskrrrr
Don’t forget the Big Guy’s cut.We don't have to worry - I'm sure thugs at the FBI are protecting 'Brandon' and his whore-monger drug-addicted son AND their 'take'... ( to think those FBI sh*ts went after Don Jr. and Eric... when they give a pass to 'the big guy'... they're so disgusting...)
29
posted on
11/24/2021 8:37:04 AM PST
by
GOPJ
(One man lying to himself is pathetic - - a culture lying to itself seeds it's own destruction.)
To: SaxxonWoods
It is fungible. From purely logistics this would make no sense. This is not a high grade oil which is the reason. Hopefully it gets replaced with a better grade.
30
posted on
11/24/2021 8:39:02 AM PST
by
Mouton
(The enemy of the people is the media )
To: al baby
Refinery capacity is too tight.
31
posted on
11/24/2021 8:40:08 AM PST
by
mewzilla
(Those aren't masks. They're muzzles. )
To: DannyTN
32
posted on
11/24/2021 8:40:44 AM PST
by
mewzilla
(Those aren't masks. They're muzzles. )
To: george76
33
posted on
11/24/2021 8:41:47 AM PST
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: george76
Happy Thanksgiving!!If it weren't for the stupid Americans, my beloved PLA would have to ration its fuel consumption.
34
posted on
11/24/2021 8:45:02 AM PST
by
PIF
(They came for me and mine ... now its your turn)
To: BuffaloJack
Where have you been, millions of barrels of oil have Already gone to Asia. Look it up.
To: Mouton
This is not a high grade oil which is the reason. Hopefully it gets replaced with a better grade.
—
Last I heard, US refineries, by and large, are not set up to refine sweet crude. Heavy only. Could be wrong, things may have changed
36
posted on
11/24/2021 8:46:58 AM PST
by
PIF
(They came for me and mine ... now its your turn)
To: mvonfr
Hunter will probably get at least 10%!!
37
posted on
11/24/2021 8:59:41 AM PST
by
CMailBag
To: elpadre
Petroleum of equal grade, like money, is essentially fungible. Biden is releasing these few barrels into the
world consumption market whether he likes it or not or whether he wants to tell us that or not and therefore its impact for diminishing the price of oil worldwide is greatly diminished.
To: DIRTYSECRET
“It’s a world market so it probably doesn’t matter. Doesn’t look good though. The rats would be first to point out anything that looks funny to the gullible.”
Exactly right. If a Republican was President and did this the dems would be making a big deal of how it is just a political stunt etc.
To: george76
40
posted on
11/24/2021 9:14:55 AM PST
by
Eleutheria5
(Buck Foe Jiden!)
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