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re: Prices Fall to a Six-Year Low for U.S. Oil

Posted on 3/17/15 at 7:36 am to
Posted by jeffsdad
Member since Mar 2007
22022 posts
Posted on 3/17/15 at 7:36 am to
quick side bar question. Is the government filling up the strategic oil petro storage facilities to ultra capacity now that oil is cheap?

actually I can guess the answer. king Obama has only hurt the US will malicious intent. The answer is probably NO. I would guess he is probably having it pumped out and sent to Iran or Libya.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68841 posts
Posted on 3/17/15 at 7:41 am to
actually I learned on the OT oil reserves are near max capacity.

too lazy too search thread though
Posted by panterica
Member since Jun 2012
1274 posts
Posted on 3/17/15 at 7:44 am to
quote:

actually I can guess the answer. king Obama has only hurt the US will malicious intent. The answer is probably NO. I would guess he is probably having it pumped out and sent to Iran or Libya.


Don't be that guy. You don't have to like the president obviously, but you're a half step away from foil hats. The middle east is about to have to come to terms with the fact that their rich folk are gonna have to order the silver Mercedes instead of the gold.
Posted by tgrbaitn08
Member since Dec 2007
146864 posts
Posted on 3/17/15 at 7:50 am to
Jesus Christ
Posted by slackster
Houston
Member since Mar 2009
86994 posts
Posted on 3/17/15 at 7:51 am to
quote:

I would guess he is probably having it pumped out and sent to Iran or Libya.


I'm pretty sure there is a ban on exporting oil from the US.
Posted by SeminoleMarine
Metairie
Member since Nov 2009
3679 posts
Posted on 3/17/15 at 8:29 am to
quote:

quick side bar question. Is the government filling up the strategic oil petro storage facilities to ultra capacity now that oil is cheap? actually I can guess the answer. king Obama has only hurt the US will malicious intent. The answer is probably NO. I would guess he is probably having it pumped out and sent to Iran or Libya.


One google search would have saved you the embarrasment of these comments. I hate Obama as much as the next guy, but come on.......

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