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America's Strategic Petroleum Reserve is being exported to China
Rigzone ^ | Sheela Tobben

Posted on 11/17/2021 12:20:58 PM PST by Lurch Addams

About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve -- a monthly record -- was shipped out in October, according to data from market intelligence firm Kpler. Three cargoes were loaded onto a supertanker in the U.S. Gulf Coast and are headed to Asia.

“Given the ongoing pace of the current SPR release -- 12 million barrels in the last two months and the biggest weekly release so far last week at 3.1 million barrels -- it’s fair to assume more SPR barrels are going to leave U.S. shores in the weeks ahead,” said Matt Smith, an oil analyst at Kpler.

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


TOPICS: Business/Economy; Constitution/Conservatism; Extended News; Foreign Affairs
KEYWORDS: biden; china; energy; iylm; oil; spr; treason
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Let's go Brandon!
1 posted on 11/17/2021 12:20:58 PM PST by Lurch Addams
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To: Lurch Addams; Army Air Corps

Brandon gets 10%.


2 posted on 11/17/2021 12:23:06 PM PST by KC_Lion
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To: Lurch Addams

To China!


3 posted on 11/17/2021 12:23:33 PM PST by silverleaf (“Freedom ultimately means the right of other people to do things that you disagree with”. T. Sowell )
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To: Lurch Addams

Every DC and corporate crony is stealing the family silver while demented grandpa sets fire the house.


4 posted on 11/17/2021 12:23:33 PM PST by PGR88
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To: Lurch Addams

It’s gonna be a cold winter.


5 posted on 11/17/2021 12:24:22 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Lurch Addams

Giving aid and comfort to the enemy.


6 posted on 11/17/2021 12:25:28 PM PST by moovova (I'm dismayed that most of the world hates me for being non-vaxxed. Honest. No, really.)
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To: KC_Lion
And this guy gets to sell a few "paintings":


7 posted on 11/17/2021 12:25:28 PM PST by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: Lurch Addams
WHAT!!!!! This is TREASON!
8 posted on 11/17/2021 12:27:00 PM PST by glaseatr (Father of a Marine, Uncle of SGT Adam Estep. A Co. 2/5 Cav. KIA Thurs April 29, 2004 Baghdad Iraq)
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To: Lurch Addams
What!! Whoever authorized this should be taken out, tried, found guilty of treason, and shot!

What the heck is this?

9 posted on 11/17/2021 12:27:11 PM PST by imardmd1 (Fiat Lux)
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To: Lurch Addams

Math is hard...
“...1.6 million barrels-a monthly record-was shipped out in October...”
“...12 million barrels in the last two months...”


10 posted on 11/17/2021 12:28:04 PM PST by Repeal The 17th (Get out of the matrix and get a real life.)
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To: silverleaf

And then what...massive shortages for US! Best to keep the gas tank FULL at ALL times.

Geesh, can it get any worse? Yes, I’m afraid.


11 posted on 11/17/2021 12:28:56 PM PST by hsmomx3 (I Stand with Steve!!)
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To: Lurch Addams

The guy writing this article should know the oil market is fungible. Who buying from who is not that relevant to the overall market.


12 posted on 11/17/2021 12:29:41 PM PST by BiglyCommentary
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To: Lurch Addams

Those sons of bitches. They take away the gains we made under Trump, and send OUR reserves to our worst adversary. Just another example of how the federal government, as it is currently constituted, is the enemy of the people.


13 posted on 11/17/2021 12:29:49 PM PST by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: imardmd1

I am of the belief that so many things have been done in private and they think we will never know about it but......we do find out.


14 posted on 11/17/2021 12:30:08 PM PST by hsmomx3 (I Stand with Steve!!)
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To: Lurch Addams

Can’t citizens protect the reserve somehow, without violence that is?


15 posted on 11/17/2021 12:30:52 PM PST by Jyotishi (Seeking the truth, a fact at a time.)
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To: glaseatr
WHAT!!!!! This is TREASON!

HIGH TREASON....Is Brandon helping China plan an invasion?

16 posted on 11/17/2021 12:31:44 PM PST by Envisioning (Carry safe, always carry, everyday, everywhere.)
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To: Lurch Addams

17 posted on 11/17/2021 12:32:15 PM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
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To: Southside_Chicago_Republican

Well, Xiden IS China’s puppet.


18 posted on 11/17/2021 12:32:58 PM PST by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: hsmomx3

We do find out...and what happens?

Not a damned thing!
Ever!


19 posted on 11/17/2021 12:33:19 PM PST by a real Sheila (Let's go Brandon!!!)
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To: ADemocratNoMore; Aggie Mama; alarm rider; alexander_busek; AlligatorEyes; AmericanGirlRising; ...
He could not help it, he said, if the tonnage intended for Taggart Transcontinental had been turned over, on the eve of its scheduled delivery, to the Bureau of Global Relief for shipment to the People's State of England...

Ayn Rand, Atlas Shrugged, Part II ("Either-Or"), Chapter V ("Account Overdrawn"), page 496.

Oil instead of coal, China instead of England, but still the same.

20 posted on 11/17/2021 12:36:37 PM PST by Publius
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