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

Skip to comments.

Biden drains strategic oil reserve…
Citizen's Free Press ^ | Posted by Kane on September 13, 2022 1:20 pm

Posted on 09/13/2022 12:01:47 PM PDT by Red Badger

Can you say Midterms.


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS: bidencorrupt; spr
Navigation: use the links below to view more comments.
first previous 1-2021-38 last
To: Red Badger
So at what point does China say, "Now is the time to launch the invasion."

When it hits 200 million barrels?

21 posted on 09/13/2022 12:53:22 PM PDT by Bloody Sam Roberts (Great minds drink alike...me and my baby havin' a hell of a night. - - BB King)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

The SOR was supposed to be for our military so that it could run full blast during a war. The Usurpers keep slipping a million barrels here and a million barrels there to the ChiComs.

Whose Navy are we fueling? While “The Big Guy gets 10%”.


22 posted on 09/13/2022 12:55:52 PM PDT by fella ("As it was before Noah so shall it be again,")
[ Post Reply | Private Reply | To 1 | View Replies]

To: rlmorel
this book has never been out of print since it was written in 1954..................
23 posted on 09/13/2022 12:56:17 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Codeflier

I also am used to checking the X or Y axis. Still, a 1/3 drop in the reserve when the “crisis” was self created seems crazy. This also means that future oil production will have a higher floor when prices fall.


24 posted on 09/13/2022 1:03:58 PM PDT by doggieboy
[ Post Reply | Private Reply | To 14 | View Replies]

To: rlmorel

It’s still a big drop though.


25 posted on 09/13/2022 1:07:06 PM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: doggieboy

Definitely. Puts our nation’s security at risk.


26 posted on 09/13/2022 1:07:39 PM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Bloody Sam Roberts

I think they’re running about a million barrels a day. So won’t quite get to only 200 left by election day. Of course after the election they’ll become buyers of oil, and off to the races with prices. There was a time when I would’ve said Americans won’t go for this gimmick, I’ve lost that optimism.


27 posted on 09/13/2022 1:08:00 PM PDT by teevolt
[ Post Reply | Private Reply | To 21 | View Replies]

To: teevolt

Honesty requires that the origin be shown in any time series like that. I agree that it is a risky move and a shameless effort to shape the election by Joe Biden, but you really need to show 0, or the theoretical minimum if zero is not possible, on the Y axis.


28 posted on 09/13/2022 1:18:52 PM PDT by Wally_Kalbacken
[ Post Reply | Private Reply | To 27 | View Replies]

To: Red Badger
this book has never been out of print since it was written in 1954

Most if not all of the examples in this book are hilariously out of date. Somebody ought to update them with Brandon inspired examples.

29 posted on 09/13/2022 1:24:40 PM PDT by plsvn
[ Post Reply | Private Reply | To 23 | View Replies]

To: rlmorel
Have they really drained it that far in an attempt to save their political skins?

I have concerns they have no intention of refilling. They hate oil in any form and draining the Strategic Reserve would create several crisis they could use to strengthen their control over our country.

30 posted on 09/13/2022 1:24:59 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
[ Post Reply | Private Reply | To 11 | View Replies]

To: plsvn

And it was written by a JOURNALIST, not a statistician!.........


31 posted on 09/13/2022 1:26:05 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 29 | View Replies]

To: rlmorel
I hate it when data is displayed that way too, but...caveat emptor, and I fell into that one.

It just goes to show that Leftists are the only disingenuous people out there.

Remember just a few months ago the Dems used a crappy graph showing a steep decline in gasoline prices when it was only something like three cents. Adjusting that ol' x-axis to make folks think there was some steep decline.

They should not be draining the Reserve but our side making it look even worse than it is makes us look like the Left.

32 posted on 09/13/2022 1:30:47 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
[ Post Reply | Private Reply | To 20 | View Replies]

To: OldMissileer
It just goes to show that Leftists are the only disingenuous people out there.

It should have read:
It just goes to show that Leftists are NOT the only disingenuous people out there.

33 posted on 09/13/2022 1:43:03 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
[ Post Reply | Private Reply | To 32 | View Replies]

To: Red Badger

I have worked with statistics for decades, and I did a forehead slap when that deceptive plot of data was pointed out to me.

Ah well. We live. We learn!


34 posted on 09/13/2022 1:52:51 PM PDT by rlmorel (Nolnah's Razor: Never attribute to incompetence that which is adequately explained by malice.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: OldMissileer
I agree. Plotting data correctly provides context that is useful in deciding whether or not there is a real issue. If I had been sharp, I would have recalled the graph I saw yesterday that showed a downturn, but...not THAT. Unfortunately, I have a bit on my mind and when I saw that, my knee jerked. Well, no matter. The fundamental concept is the odiousness of the siphoning out of the SPR for political purposes. We're going to be needing that oil soon, I fear.
35 posted on 09/13/2022 1:56:54 PM PDT by rlmorel (Nolnah's Razor: Never attribute to incompetence that which is adequately explained by malice.)
[ Post Reply | Private Reply | To 33 | View Replies]

To: Red Badger

Such a deal! he wll have to replace $50.00 barrel oil with $100.00 barrel oil!


36 posted on 09/13/2022 3:30:25 PM PDT by dearolddad
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

Another Biden white flag.


37 posted on 09/13/2022 4:01:13 PM PDT by Vaduz ( )
[ Post Reply | Private Reply | To 1 | View Replies]

To: thegagline

Do they not understand that increased demand will only cause oil prices to spike again. I know pudding brains doesn’t get it, but his handlers do and there’s no real intention to refill the SPR.


38 posted on 09/13/2022 4:06:21 PM PDT by SlipperySlope99
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-38 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