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White House 'plans to release another 15 MILLION barrels of oil' from the US's emergency stockpile this week in a bid to balance markets and crack down on rocketing gas prices
UK Daily Mail ^ | October 18 2022 | ALEX OLIVEIRA FOR DAILYMAIL.COM and REUTERS

Posted on 10/18/2022 12:37:36 AM PDT by knighthawk

Joe Biden is planning to release up to 15million barrels of oil from the US's emergency oil reserves as he tries to stem soaring gasoline prices.

The oil release would be the latest portion of a deal Biden struck last spring to release 180million barrels of oil from energy companies.

His administration is planning to announce the latest reserve release later this week, according to Bloomberg.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: barrels; biden; bidenvoters; pandering; stockpile; votepandering
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1 posted on 10/18/2022 12:37:36 AM PDT by knighthawk
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To: knighthawk

2 posted on 10/18/2022 12:43:15 AM PDT by cranked
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To: knighthawk
What no one will report.... Joe can’t remember, so every time Joe says “Release the oil, got to release the oil” they release oil from the SPR....... and Joe says it again and again....

Joe also repeats “ One minute to Wapner, one minute to Wapner. ”.......

3 posted on 10/18/2022 12:52:30 AM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: cranked

At least the people are getting what they voted for. That is more than I got. I voted for President Trump. But on the bright side, 81 million Biden voters can’t be wrong.


4 posted on 10/18/2022 12:55:16 AM PDT by sport
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To: Lockbox

wait till they tell joe the strategic reserve is gone. This never should have been touched even if it meant 10-dollar gas.


5 posted on 10/18/2022 12:55:22 AM PDT by PCPOET7 (`)
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To: cranked

6 posted on 10/18/2022 12:57:39 AM PDT by spokeshave (Proud Boys, Angry Dads and Grumpy Grandads.)
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To: PCPOET7

That is Lying Joe Biden’s plan. To exhaust [empty] the United States of America’s Strategic Oil Reserve. It is all a part of his plan to destroy America complete and totally. Which he hates. This is wht the people wanted him to replace President Trump. And the people got their wish. It was also why he was placed in the White House. To totally and completely destroy America. And he is succeeding.


7 posted on 10/18/2022 1:03:54 AM PDT by sport
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To: All

who is in charge?

only idiots would do this


8 posted on 10/18/2022 1:06:19 AM PDT by SteveH (.all)
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To: sport

Yes, but no more mean tweets! /s


9 posted on 10/18/2022 1:10:55 AM PDT by mad_as_he$$ (Don't rush to your death.)
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To: knighthawk

Just for the election, in response to the red wave coming. Just when you think you are too cynical, something happens in DC to change your mind that your are not cynical enough.


10 posted on 10/18/2022 1:13:12 AM PDT by KC_Conspirator
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To: KC_Conspirator

Yup, he trying to buy votes.


11 posted on 10/18/2022 1:21:18 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: knighthawk

Would love to know what the government is doing with the money from this sale.... Who is getting the money


12 posted on 10/18/2022 1:29:05 AM PDT by stockpirate (Where Justice Ends Tyranny Begins...Repression Breeds Violence)
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To: knighthawk

I thought it was drained dry by now.


13 posted on 10/18/2022 1:30:46 AM PDT by Ingtar
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To: knighthawk

That’s a little over a day’s worth of oil.
The US uses over 11 million barrels a day.


14 posted on 10/18/2022 2:56:58 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how thery control you. )
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To: aquila48

A quick search for current US consumption shows from 18 to over 20 million barrels per day.


15 posted on 10/18/2022 3:44:52 AM PDT by Fester Chugabrew (/s)
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To: knighthawk
Release?

I was under the impression that most of our reserve sales go to China.

16 posted on 10/18/2022 3:44:56 AM PDT by zeestephen
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To: SteveH

Who is in charge? The people who want to destroy America.


17 posted on 10/18/2022 3:58:25 AM PDT by oldasrocks
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To: cranked

And the only reason this “president” (moron this later) keeps doing all in his power to delete and deplete every resource we have is simple....when confronted with any invasion force from virtually any other nation or group of nations, we will be utterly at their mercy. “We voted for this” is never as important a statement as “what and who is doing anything of consequence to stop him and his cabal”. The answer is glaringly obvious. Not pretty but pretty simple.


18 posted on 10/18/2022 4:01:59 AM PDT by Qwapisking ("IF the Second goes first the First goes second" LStar)
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To: aquila48

18 million barrels a day as of 2021


19 posted on 10/18/2022 4:20:46 AM PDT by mikelets456
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To: knighthawk

Just curious. Biden is too stupid to come up with this by himself. Who is the puppet master?


20 posted on 10/18/2022 4:34:57 AM PDT by VRW Conspirator (Socialism should more accurately be called Sociopathism)
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