Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Oil from US Reserves heads overseas
Reuters ^ | 07/05/2022 | Arathy Somasekhar

Posted on 07/05/2022 11:54:31 AM PDT by kdot

More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs.

The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.

(Excerpt) Read more at reuters.com ...


TOPICS: News/Current Events; Russia
KEYWORDS: anwr; bideneffect; bidenflation; ccp; china; demagogicparty; demagogue; dumbasastump; karinejeanpierre; keystonexl; letsgobrandon; oil; opec; reserves; russia
Navigation: use the links below to view more comments.
first 1-2021-35 next last
This is such a betrayal as Biden puts America Last.
1 posted on 07/05/2022 11:54:31 AM PDT by kdot
[ Post Reply | Private Reply | View Replies]

To: kdot

Congress should have that power. Outnumbered but it would expose some of them. Offer it free to Cuba-trickle-up economics. Just make them get rid of the communists.


2 posted on 07/05/2022 11:58:09 AM PDT by DIRTYSECRET
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

This is insane!
Right now exporting oil from the reserve is exactly opposite what we need!
The foreign relations are bad. We could have war with Russia and/or China.
We could have a real depression.
We need to save oil, fill the reserve, not waste it, especially not to export it!


3 posted on 07/05/2022 11:59:03 AM PDT by AZJeep
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

Treasonous.


4 posted on 07/05/2022 11:59:16 AM PDT by sevlex
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot
SPR is a private company, i believe. they are selling to at high prices overseas, while domestic oil and gas suppliers are bring accused of "gouging"

That way to bring a country down is economically and this is part of that long slow plan.

5 posted on 07/05/2022 12:06:07 PM PDT by IllumiNaughtyByNature (The kernel of our firm's job is to go with lots. - tnlibertarian job offer letter)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sevlex

Ridiculous. I know FBJ is against fossil fuels but this is outrageous!


6 posted on 07/05/2022 12:08:17 PM PDT by upchuck (The longer I remain unjabbed with the clot-shot, the more evidence I see supporting my decision.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: kdot

Sounds about right.

Draining our emergency reserves and accomplishing nothing to lower gas prices either short term or long term, while increasing our national security risks at the same time.

Joe Biden and Kamala Harris - change promised. Change delivered.


7 posted on 07/05/2022 12:08:23 PM PDT by Republican Wildcat
[ Post Reply | Private Reply | To 1 | View Replies]

To: IllumiNaughtyByNature

Another day, another in 10,000 cuts destroying America.

Yet fools still listen to Hollywood, CNN and MSNBC on how to think and vote.

The deck chairs, meanwhile, get shuffled on the Titanic.


8 posted on 07/05/2022 12:10:57 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
[ Post Reply | Private Reply | To 5 | View Replies]

To: kdot

The Strategic Oil Reserve is a finite resource that Biden is blowing through rather quickly. It will run out before too long if he keeps going. Then what?

Oh, and what happens in case of an emergency?


9 posted on 07/05/2022 12:14:58 PM PDT by FLT-bird
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

Comeon Peter Doocy!!! Corner KJP on this one pleeeze!!!


10 posted on 07/05/2022 12:17:01 PM PDT by know.your.why (If you dont watch the MSM you are uninformed. If you do watch the MSM you are misinformed.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

Let’s Go Brandon


11 posted on 07/05/2022 12:18:07 PM PDT by ConservativeInPA (Scratch a leftist and you'll find a fascist )
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

There is nothing that Biden won’t sell.

His first wife was the lucky one.


12 posted on 07/05/2022 12:18:15 PM PDT by Empire_of_Liberty
[ Post Reply | Private Reply | To 1 | View Replies]

To: AZJeep

“We could have war with Russia and/or China”

Given everyone using this forum knows this is a possibility then the administration knows it too.

That makes it deliberate destruction of our country.


13 posted on 07/05/2022 12:25:31 PM PDT by packagingguy
[ Post Reply | Private Reply | To 3 | View Replies]

To: kdot

Treason


14 posted on 07/05/2022 12:27:32 PM PDT by Hattie
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

Our LNG is also being shipped to Europe. Americans’ nat gas heating, cooking and hot water is going to skyrocket higher than it has at this moment. Europe is pretty cold during the winter and Biden will tell you that you have to sacrifice.

The pResident reminds me of the late Chavez of Venezuela.


15 posted on 07/05/2022 12:31:24 PM PDT by OpusatFR
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

I’d bet Biden will never re-fill the Strategic Petroleum Reserve.


16 posted on 07/05/2022 12:32:15 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hattie

So was the election. And the baby food, and the allowing of people flood in from the south, the military purges, the “vax”. So long as Americans allow this to continue, it will only get worse.

This is overt, and entirely intentional.


17 posted on 07/05/2022 12:33:24 PM PDT by Sarcazmo ("Sarcasm is the highest form of wit" ~ O. Wilde)
[ Post Reply | Private Reply | To 14 | View Replies]

To: IllumiNaughtyByNature

The SPR is absolutely NOT private.
It is maintained by the DOE
Congress needs to stop this NOW


18 posted on 07/05/2022 12:34:07 PM PDT by RWGinger (Does anyone else really )
[ Post Reply | Private Reply | To 5 | View Replies]

To: kdot

CRIMINAL!!


19 posted on 07/05/2022 12:56:53 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 1 | View Replies]

To: kdot

20 posted on 07/05/2022 1:03:29 PM PDT by 4Liberty (Remember when government paved the Roads and trained the Army – instead of lying and oppressing?)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-35 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson