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Keyword: petroleumreserves

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  • Biden’s Energy Sec Held Secret Talk With China Before Tapping Into Oil Reserve

    08/05/2023 4:45:32 PM PDT · by E. Pluribus Unum · 17 replies
    The New American ^ | August 5, 2023 | Luis Miguel
    The energy decline of the United States has been one of the most prominent features of Joe Biden’s tenure in the White House. New reporting raises the question: Is all of this deliberately orchestrated in coordination with America’s enemies? According to previously undisclosed meetings revealed in internal Energy Department calendars obtained by Americans for Public Trust (APT) and shared with Fox News, U.S. Energy Secretary Jennifer Granholm met with her Chinese counterpart, China National Energy Administration Chairman Zhang Jianhua, right before the administration’s 2021 announcement that it would release oil from the Strategic Petroleum Reserve (SPR) to fight nationwide high...
  • SPR Oil Level Hits 40-Year Low as Hurricane Season Fires Up. Thanks, Brandon.

    09/26/2022 10:06:15 PM PDT · by bitt · 8 replies
    pjmedia.com ^ | 9/22/2022 | ryan ledendecker
    The Atlantic hurricane season officially began on June 1. However, until now, we’ve had an eerily quiet stretch of virtually no major storm threats to the Gulf of Mexico or the U.S. mainland. However, that could soon change as “Invest 98L,” currently swirling in the southeastern Caribbean, is predicted to go tropical and potentially enter the Gulf next week as a major hurricane. That’s a problem. Possibly a major, scary problem, because almost anytime even a moderate strength hurricane enters the Gulf of Mexico, oil production on the rigs at sea to the refineries that dot the southern U.S. Gulf...
  • US Sold Nearly 6 Million Barrels of Oil From Reserves to China, Records Show

    07/26/2022 4:27:31 PM PDT · by george76 · 23 replies
    The Epoch Times. ^ | July 26, 2022 | Eva Fu
    The Biden administration has sold nearly 6 million barrels of oil from the U.S. Strategic Petroleum Reserve to an entity tied to the Chinese Communist Party, records show. From September 2021 to July, the Department of Energy (DOE) has awarded three crude oil contracts with a combined value of roughly $464 million to Unipec America, the U.S. trading arm of Chinese state-owned oil company Sinopec, according to a review by The Epoch Times of the DOE documents. A Chinese firm with ties to Hunter Biden had invested in the national oil giant. The sale would tap 5.9 million barrels in...
  • Biden is Selling America's Reserve Oil to Foreign Countries

    07/05/2022 11:22:37 PM PDT · by Jonty30 · 63 replies
    www.townhall.com ^ | Jul 05, 2022 | Katie Pavlich
    As a result of his domestic war on the oil and gas industry, energy prices for American families continue to hit records with no relief in sight. For months, President Joe Biden has repeatedly tapped the Strategic Petroleum Reserve and claimed it was helping to ease the pain at the pump. Not only has the depletion of the emergency supply not decreased gas prices, we're learning the supply is being sold to foreign countries. "More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported...
  • White House to release petroleum reserves

    08/31/2005 4:33:08 AM PDT · by BulletBobCo · 168 replies · 4,240+ views
    MSNBC ^ | August 31, 2005
    WASHINGTON - Energy Secretary Samuel W. Bodman said Wednesday the Bush administration will release oil from petroleum reserves to help refiners affected by Hurricane Katrina. An announcement was expected later in the day. The move is designed to give refineries in the Gulf Coast area a temporary supply of crude oil to take the place of interrupted shipments from tankers or offshore oil platforms affected by the storm.
  • STRATEGIC PETROLEUM RESERVE - Kerry Actually Spoke Against It Before He Announced He Was For It

    03/30/2004 7:49:53 AM PST · by PhiKapMom · 21 replies · 229+ views
    Republican National Committee ^ | March 30, 2004 | RNC Research
    Tuesday, March 30, 2004   STRATEGIC PETROLEUM RESERVE Kerry Actually Spoke Against It Before He Announced He Was For It _____________________________________________________KERRY FOUR YEARS AGO SAID SPR WOULDN’T AFFECT GAS PRICES In February 2000, Kerry Said Release Of Oil From Strategic Petroleum Reserve Would Not Be “Relevant.” “Without being specific, Kerry, a key member of the Senate Foreign Relations Committee, suggested the US could retaliate economically in other trade areas. He also said he does not want a release of oil from the Strategic Petroleum Reserve. A release ‘is not relevant. It would take months for the oil to get...
  • U.S. Arsenal Refill on Overdrive as Powell, Rumsfeld Split

    08/05/2002 3:55:48 AM PDT · by kattracks · 51 replies · 395+ views
    NewsMax.com ^ | 8/04/02 | Carl Limbacher and NewsMax.com Staff
    Newsweek reports this week that although the war with Iraq has not begun, "So far the big battles are in Washington, not Baghdad." The magazine notes that "Secretary of State Colin Powell, the only combat veteran among Bush’s senior aides, is said to be determined that if U.S. troops are committed, they go in with overwhelming force. Vice President Dick Cheney (who had student and parent deferments during Vietnam) and Secretary of Defense Donald Rumsfeld (a Navy pilot in the years between Korea and Vietnam) are eager to finish the job Bush’s father started when he was president." Both...
  • U.S. says raising oil reserves not linked to Iraq

    07/31/2002 7:41:54 PM PDT · by kattracks · 9 replies · 182+ views
    Reuters | 7/31/02 | Tom Doggett
    WASHINGTON, July 31 (Reuters) - The U.S. Energy Department said on Wednesday it will seek to boost the U.S. emergency crude stockpile, but a spokesman said the move should not be interpreted as a precursor to a possible attack on Iraq. The department said it will accept bids next Tuesday from energy companies to supply 40,000 barrels per day (bpd) of oil to the stockpile in exchange for crude drilled in the Gulf of Mexico. A department spokesman said the additional oil is part of the administration's plan announced last year to fill the emergency reserve to its 700...