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Message
We sent over 5 million barrels of oil from strategic reserve to Europe and Asia last month
Posted on 7/5/22 at 2:16 pm
Posted on 7/5/22 at 2:16 pm
Reuters
Un-fricking-Believable. Last I checked “Reserve” doesn’t mean shipping shite to Europe and Asia while Americans suffer. Just make a quick buck to the detriment of Americans. It’s hard to see that the destruction of our country isn’t intentional at this point.
quote:
HOUSTON, July 5 (Reuters) - 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 to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs.
The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos. read more
About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR) through October. The flow is draining the SPR, which last month fell to the lowest since 1986. U.S. crude futures are above $105 per barrel and gasoline and diesel prices above $5 a gallon in one-fifth of the nation. U.S. officials have said oil prices could be higher if the SPR had not been tapped.
Un-fricking-Believable. Last I checked “Reserve” doesn’t mean shipping shite to Europe and Asia while Americans suffer. Just make a quick buck to the detriment of Americans. It’s hard to see that the destruction of our country isn’t intentional at this point.
Posted on 7/5/22 at 2:16 pm to OMLandshark
quote:
Last I checked “Reserve” doesn’t mean shipping shite to Europe and Asia while Americans suffer.
Because you don't speak brandonese.
Posted on 7/5/22 at 2:17 pm to OMLandshark
Price we all must pay for nice tweets.
Posted on 7/5/22 at 2:18 pm to OMLandshark
quote:
Just make a quick buck to the detriment of Americans.
Wait, who, exactly, is making the buck?
Posted on 7/5/22 at 2:19 pm to WildTchoupitoulas
quote:
Wait, who, exactly, is making the buck?
The Feds. We bought it, and don’t get to keep any of it.
Posted on 7/5/22 at 2:20 pm to OMLandshark
Look Jack, here's the deal: you can have low gas prices and a full oil reserve for Americans, or you can have a country with a corrupt government free of Russian influence so our elites can continue to launder their money. You can't have both.
Posted on 7/5/22 at 2:21 pm to OMLandshark
quote:
Last I checked “Reserve” doesn’t mean shipping shite to Europe and Asia while Americans suffer.
That's because you aren't a communist/Marxist.
Posted on 7/5/22 at 2:23 pm to OMLandshark
At one point the OT cheered opening up crude oil exportation.
Posted on 7/5/22 at 2:24 pm to OMLandshark
quote:
The Feds. We bought it, and don’t get to keep any of it.
The Feds sold it off. To lower oil prices.
This post was edited on 7/5/22 at 2:24 pm
Posted on 7/5/22 at 2:25 pm to OMLandshark
quote:
U.S. officials have said oil prices could be higher if the SPR had not been tapped.
Which is it?
Biden has no impact on oil prices or he does.
Why are Democrats 100% of the time lying mentally ill fricks
Posted on 7/5/22 at 2:29 pm to OMLandshark
quote:
The Feds.
So the feds are making a buck to the detriment of Americans?
That doesn't even make sense.
In a self-ruled nation such as ours, we are the fed.
Posted on 7/5/22 at 2:31 pm to OMLandshark
quote:
We sent over 5 million barrels of oil from strategic reserve to Europe and Asia last month
do you know how much oil we have in our strategic reserves?
Posted on 7/5/22 at 2:31 pm to OMLandshark
Look here Fat, we had to do this because:
Putin.
The Pandemic.
it's a Global Problem.
the greedy Big Oil Companies.
the greedy gas station companies.
Putin.
The Pandemic.
it's a Global Problem.
the greedy Big Oil Companies.
the greedy gas station companies.
Posted on 7/5/22 at 2:33 pm to OMLandshark
I’m not sure this means what you think it means.
Posted on 7/5/22 at 2:34 pm to WildTchoupitoulas
quote:
In a self-ruled nation such as ours, we are the fed.
There's no way you're serious about this statement
Posted on 7/5/22 at 2:35 pm to iAmBatman
quote:
do you know how much oil we have in our strategic reserves?
Why are we sending even a gallon of our strategic reserve to anyone?
Posted on 7/5/22 at 2:37 pm to OMLandshark
Of course. The country is being ran by terrorists
Posted on 7/5/22 at 2:38 pm to upgrayedd
quote:
Why are we sending even a gallon of our strategic reserve to anyone?
Because the shale industry wanted to be a world player. Lobbied Obama to make it happen and he allowed it.
Then Shale and Saudi went to war and gave us low prices.
(There are many other factors at play in all of this as well)
You could maybe dictate where strategic reserves went, but it wouldn't really change anything. Traders would just shift oil from one hand to the other.
This post was edited on 7/5/22 at 2:41 pm
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