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Started By
Message
Biden’s mistakes are still costing us today: The SPR
Posted on 12/12/25 at 2:09 pm
Posted on 12/12/25 at 2:09 pm
Fox article on the Strategic Reserve
Trump is probably waiting for us to have a sensible relationship with oil producing nations. Then he is going to fill it up much cheaper than he could today due to Joe Biden policy.
Are some of y’all starting to see it now? Progressives were sent here and put in power to ruin this nation.
quote:
The Trump administration is in the midst of "gradually" refilling the nation's emergency reserve of oil after it was partially drained under the Biden administration.
Trump is probably waiting for us to have a sensible relationship with oil producing nations. Then he is going to fill it up much cheaper than he could today due to Joe Biden policy.
Are some of y’all starting to see it now? Progressives were sent here and put in power to ruin this nation.
This post was edited on 12/12/25 at 2:11 pm
5
Posted on 12/12/25 at 2:28 pm to dstone12
Why wait? It's pretty cheap right now.
Posted on 12/12/25 at 2:30 pm to dstone12
Thought the sky screamers yesterday said Trump was being a meanie and hijacking cargo ships to steal oil?
Posted on 12/12/25 at 2:34 pm to dstone12
That tanker we seized from Venezuela was almost full and will help with the costs of straightening up Biden's bullshite
Posted on 12/12/25 at 3:01 pm to HubbaBubba
There was a thread a few days ago with an article that was predicting a 30-40% slump in the price of a barrel is inbound for 2026.
Which means there will be layoffs all over Houston. Fort Bend County assessment district will still claim our houses increased 10% in value, because assessed value is not related to market value.
Which means there will be layoffs all over Houston. Fort Bend County assessment district will still claim our houses increased 10% in value, because assessed value is not related to market value.
Posted on 12/12/25 at 3:17 pm to HubbaBubba
You’ve been conditioned for years to think that $2.49 a gallon is cheap.
Posted on 12/12/25 at 3:43 pm to Viator106
quote:
That tanker we seized from Venezuela was almost full and will help with the costs of straightening up Biden's bullshite
One tanker?
You have no idea how much oil we consume?
Posted on 12/12/25 at 4:05 pm to dstone12
quote:
You’ve been conditioned for years to think that $2.49 a gallon is cheap.
First, the person you’re replying to about this was talking about the price per barrel of oil being pretty cheap right now, not gasoline.
Aside from that, the national average for gasoline in July 2008 was $4.06/gallon.
Now compare that vs now along with the average prices of beef, cars, homes, per household income from July 2008 to today.
$2.49/gallon, with vehicles getting more miles per gallon than 17 years ago, is pretty fricking cheap.
This post was edited on 12/12/25 at 4:07 pm
Posted on 12/12/25 at 5:35 pm to dstone12
The SPR has been tits on a boar hog for 40 years. First, the types of crude for refineries which have direct access switched to heavy and very heavy sour due exponential rise of petroleum coke as a profit center. Second, it only contains two grades, light sweet and light sour. Third, for about a decade now, all of the pipelines have been reversed so only refineries on the Gulf Coast from Sweeney, TX to Chalmette, LA actually have access to receive it.
By treaty before the bill to create it was passed, Europe gets to be supplied by it.
Finally, it has WAYYY more at present than legislated requirements.
By treaty before the bill to create it was passed, Europe gets to be supplied by it.
Finally, it has WAYYY more at present than legislated requirements.
Posted on 12/12/25 at 5:37 pm to LemmyLives
quote:
There was a thread a few days ago with an article that was predicting a 30-40% slump in the price of a barrel is inbound for 2026.
Which means there will be layoffs all over Houston. Fort Bend County assessment district will still claim our houses increased 10% in value, because assessed value is not related to market value.
Which would be the perfect time to both fill the reserve and help save a few jobs.
Posted on 12/12/25 at 5:38 pm to ragincajun03
quote:
quote:
That tanker we seized from Venezuela was almost full and will help with the costs of straightening up Biden's bullshite
One tanker?
You have no idea how much oil we consume?
My guess is heavy or very heavy crude which would be enough to supply Lyondell's Houston Refinery back before it close for 10 days. That was the only refinery configured for 100% Venezuelan crude. It even had a cogen unit built in the late 1980's to run on petcoke.
Posted on 12/12/25 at 7:29 pm to dstone12
quote:Nationwide, the average price for a gallon of Regular gas was $0.57 in 1975. That $0.57 is worth $3.43 today.
You’ve been conditioned for years to think that $2.49 a gallon is cheap.
So at $2.49, that means gas today would be 27.5% less expensive than it was 50 years ago.
Posted on 12/12/25 at 7:49 pm to HubbaBubba
Economics is hard for some folks.
Posted on 12/12/25 at 8:01 pm to dstone12
That's mere pennies compared to what his 3rd world hordes will cost us for decades to come.
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