Posted on 04/03/2023 9:49:44 AM PDT by Red Badger
But that is expected this time of year as people start driving more, Spring Break, etc.
The Strategic Petroleum Reserve can't be raided by Biden any more..................
Good. Stupid should hurt.
Our treasonous scumbags here have slit our throats and our enemies see blood in the water.
Time to get the “ididthat” stickers back out and on the pumps.
Hey Joe....Keep exporting our oil and shutting down lines and draining the reserve and sending our weapons to “Z” the perv..
They all get scraped off by the Dems...................
WFH two days a week is looking better with each passing day.
The problem is so many will never figure out what is going on no matter how much suffering there is.
The Stupid One is hurting US though...
Gee, I thought that Democrats cared about America’s relationships with other nations.
They probably will show up again
Oh sure. Right on que!
Why would they listen to him?
Welcome to the 70’s redux. After the ruinous spending to support the Viet Nam war while keeping the economy running like peacetime, and Nixon closing the gold window, we got accelerating inflation. As OPEC discovered that the value of the oil they sold was dropping fast, they imposed an embargo and caused the oil crises of the 70’s.
Today, Biden’s ruinous spending “to offset the effects of the pandemic” has unleashed inflation again. This time OPEC, at the urging of China and with the complicity of Russia, Brazil, India, and others, want to get off the “dollar standard” and replace the buck as the world’s reserve currency.
Take a look at what happened to Great Britain when the pound ceased to be the world reserve currency. That was the last nail in the coffin of the decrepit British Empire. Xi and others are set to pound nails into the coffin of American empire.
In the 70’s there was no credible competitor to the dollar, so the US recovered. The Chinese have spent years positioning the yuan to replace the dollar. Even if Paul Volker and Ronald Reagan were still with us, they wouldn’t be able to undo the damage done by the Fed since Greenspan’s retirement as exacerbated by Federal government spending.
WFH 100% for me. My wife must be in the office to perform police/fire/EMS dispatch. She works 4d x 10 hr shifts. Her commute is about 1.5 miles. If pressed, she could walk, ride a bike, ride her motorcycle...assuming the weather was reasonable. Blowing snow in a 45 MPH steady wind is not a reasonable state for walking to work.
Leftist democrats are an absolute disaster.
FJB
The petroleum reserve is a goofy PR stunt. It’s intended for other purposes and amounts to a drop in the bucket, literally. But as usual, it “sounds good” and shows “action” in a time of crisis.
These cuts were agreed upon by OPEC+ with Russia and a few other players pushing hard for them.
It’s not a surprise at all.
It was already in the works since last November.
You know all that cool sanctions crap we like to talk about? Russia isn’t a chump. They can push back.
https://www.nasdaq.com/articles/what-is-opec-an-overview-of-key-members
It will NOT cause higher inflation. It will occasion higher prices but that is not inflation. Raising the price of oil at the source does not increase the money supply. Rising prices are a result of inflation, not its cause.
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