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First on CNN: Biden administration launches plan to refill emergency oil reserve
CNN ^
| 5-5-22
| Matt Egan
Posted on 05/05/2022 7:50:48 AM PDT by dynachrome
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To: dynachrome
So,they sell the oil that was bought cheap and then buy it when it’s expensive.🙄
61
posted on
05/05/2022 8:35:33 AM PDT
by
BiteYourSelf
( Earth first we'll strip mine the other planets later.)
To: dynachrome
Sell low, buy high. More economic brilliance from the communist government.
62
posted on
05/05/2022 8:37:04 AM PDT
by
facedown
(Armed in the Heartland)
To: dynachrome
Buy high, sell low.
This admin. does the opposite of anything resembling common sense.
63
posted on
05/05/2022 8:40:31 AM PDT
by
smokingfrog
( sleep with one eye open (<o> --- )
To: dynachrome
Buy high, sell low.
Complete Moron.
64
posted on
05/05/2022 8:43:01 AM PDT
by
blackdog
(Today's "disinformation" most often turns out to be tomorrow's facts. )
To: MNJohnnie
And compete with the private sector - driving prices up even more
To: dynachrome
This is nothing more than an implementation of the Broken Window Theory, but on STERIODS and will taxpayer dollars!!
66
posted on
05/05/2022 8:59:50 AM PDT
by
ExTxMarine
(Diversity is necessary; diverse points of views will not be tolerated.)
Oh great…that will continue to jack the price of oil after drawing on the reserve which had very little effect on reducing prices…
67
posted on
05/05/2022 9:01:17 AM PDT
by
TnTnTn
To: dynachrome
“Long-term buyback plan” means “after the election”, when they can blame the Republicans for the consequences.
To: dynachrome
Democrats: fiscally and morally moronic.
69
posted on
05/05/2022 9:07:40 AM PDT
by
DennisR
(Look around - God gives countless clues that He does, indeed, exist.)
To: dynachrome
So we bought it decades ago at 20/brl now buying it back at 100/brl.
This is brilliant. /What a moron.
70
posted on
05/05/2022 9:11:03 AM PDT
by
Zathras
To: MNJohnnie
Standard Democrat Econmics, sell cheap and buy high Lol, so true.
71
posted on
05/05/2022 9:13:31 AM PDT
by
jpsb
To: dynachrome
They waited until the price of oil was at its highest. These people just aren’t very smart.
72
posted on
05/05/2022 9:13:46 AM PDT
by
elpadre
(W)
To: dynachrome
Brilliant isn’t it?
Deplete low and replenish high during shortages further increasing prices.
Right.
73
posted on
05/05/2022 9:31:49 AM PDT
by
Sequoyah101
(Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
To: dynachrome
Paid $3.519/gallon credit at the Wal-Mart in Myrtle Beach this weekend.
SloJoe has saved us! Hallelujah!
74
posted on
05/05/2022 9:33:15 AM PDT
by
moovova
To: dynachrome
Why doesn’t the retard fill the spr with electricity generated by windmills and solar?
75
posted on
05/05/2022 9:44:46 AM PDT
by
Newtoidaho
(All I ask of living is to have no chains on me.)
To: dynachrome
Refill with what? Are we even producing oil anymore under this jarf?
76
posted on
05/05/2022 9:52:34 AM PDT
by
Bonemaker
(invictus maneo)
To: dynachrome
Since he just emptied it I interpret this as a subsidy. He’s going to buy oil at a high price and then sell it at a low price.
To: MNJohnnie
Exactly. They have no concept of economics, only power.
To: dynachrome
Buy Dear And Sell Cheap!
79
posted on
05/05/2022 10:14:11 AM PDT
by
kiryandil
(China Joe and Paycheck Hunter - the Chink in America's defenses)
Be cheaper to heat our cities by burning giant piles of hundred dollar bills. Btw, how did releasing all that oil from the reserves to lower gas prices work out? I filled up yesterday at a mere $5.07
80
posted on
05/05/2022 10:22:57 AM PDT
by
dsrtsage
( Complexity is just simple lacking imagination)
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