Posted on 11/24/2021 7:58:15 AM PST by george76
Joe is not doing this to keep oil prices down. It was in the Infrastructure bill to sell off all of the reserves to fund the bill. Plus, it just helps to screw America more. Remember the 1970’s oil problems with Jimmy Carter? I do. That is when and why America created the oil reserves.
Just throw in the brimstone to top it off ;^)
50 Million barrells = 3 days of supply.
Yea... THAT’s really gonna help!
What did the captain of the Titanic say?
A Brandon ship😃
Haha. That’s a good one.
I believe our government (Canada) are considering talks as the 1 of 2 refineries in British Columbia is now in shut down due to flooding. This is because the Trans mountain pipeline is shut down.
50,000,000 barrels is about 2.5 days worth of our national consumption.
BFD.
Sour crude is commonly blended with a sweet crude to hit the optimum crude oil properties a given refinery runs most efficient at. The blend ratio is also varied to achieve the most economic mix of refined products at the backend.
It should be impossible for anyone to be as stupid as Resident Biden is.
Saudi Arabia and Russia are considering pausing efforts to
provide the world with more crude, after Washington and other
countries said they would release a slug of stored oil in an
effort to lower prices. WSJ
We are officially living in Bizarroland and Mister Mxyzptlk is in charge.
Thanks. Good point. Central planning always loses.
His handlers are evil
What percentage of the Strategic Petroleum Reserve do the 50 million barrels represent?
I just saw John Di Leo’s column—he says that at any given time about 650 million barrels are in the Strategic Petroleum Reserve, so Biden just released about 1/13th of it.
Print trillions of dollars to cover up and temporarily fix the economic situation.
Oh, we have inflation? Housing prices skyrocketing? Sell oil from the National Reserve.
(So much for climate change and all that, guess that was all just lip service from Biden)
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