Posted on 05/05/2022 7:50:48 AM PDT by dynachrome
Two days ago in PA, just around 8 miles north of DE, diesel was $6.49. If truckers have to pay that, I’m guessing more inflation of all goods.
It’s not stupid either, it’s deliberate.
Is Hunter in the oil broker business now?
On Friday it was 4.18/ gal. Today it is 4.53. Found one station selling at 4.27 and filled up. Going to be a long stay home summer.
Wow dang. Yup, we are screwed as country under faux liberal,”leadership”- once prices go,up, they will not go down to where they were either,likely, unless we get a solid republican in and not a rino. Thr left truly,hate America and the middle class especially.
He probably plans to buy it at 250% over market.
All from Iran.
They must plan to sign the deal. Wouldn’t surprise me.
“This would mark the first time since the early 2000s that the Energy Department has acquired large quantities of oil for the US Strategic Petroleum Reserve (SPR)”
Has to be a lie. Trump filled it right up.
What this also does is increase demand, Reduce supply, and increase the price of fuel for everyone. He should have just left it alone. Trump had it topped off.
They'll fill the reserve with junk Ukrainian oil - that would be 0bama's MO: something else to degrade the country he hates. Ukraine's gas is ok, but their oil is very low quality. They'll run it through a pipeline to some middle eastern country to hide the source. (jmco - just my cynical opinion)
“””The Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil”””
Am I the only one who notices that the Democrats always have a PLAN to fix every issue.
Of course, the PLANS are rarely implemented and if the PLANS are implemented the PLANS fail.
The cronies will surface.
Here’s a classic:
https://publicintegrity.org/politics/did-taxpayers-lose-on-deal-for-oil-field-elk-hills-timeline/
Sad that we have to buckle down and not get out and both enjoy ourselves and also be forced to cut back,on getting to places we need to when just over a year ago we were able to,go wherever we liked whenever we liked practically becaus fuel was affordable.
Has gas ever not gone up under liberals in control? You would think America would start to catch on by now, but nope, apparently not. Although this last election was stolen, so can’t say they voted dem last election.
By all rights, the left should suffer massive losses in midterms. So bad thatnthey are forced to rethink their antiamerica agenda. But we will see how the midterms go- if they don’t lose massively, then something isn’t right.
I wonder how much of that being off loaded now will be circled back
He probably plans to buy it at 250% over market.
From who? It all depends on who will be willing to kick back donations to the democrat foundations?? Money laundering at its finest.
Great! Import oil at $108 a barrel instead of opening up our own resources again and getting it down to and at $40.
Dems are such economic geniuses!
He has secret plan to use solar power to convert carbon into oil.
The serial insanity of this administration is simply amazing.
In a healthy, functioning society this amount of destructive nonsense would not be tolerated.
Oil now at $108.41.
“..Standard Democrat Economics, sell cheap and buy high...”
Yep. That’d be them....live an in person.
But when they’re using the “milked” tax dollars from the “tax cattle” that make up the “unwashed masses”, who cares.
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