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re: US Cancels Latest Oil Reserve Refill Plan Amid High Prices

Posted on 4/3/24 at 10:38 am to
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76190 posts
Posted on 4/3/24 at 10:38 am to
maybe should have cancelled depleting them in the first place?
Posted by Tomatocantender
Boot
Member since Jun 2021
5597 posts
Posted on 4/3/24 at 10:46 am to
quote:

maybe should have cancelled depleting them in the first place?


On a methodical monthly draw-down for the entire year of 2022 timed perfectly for the November 2022 midterms. OP and a handful of his useful idiot boyfriends (notiger 1997, Corinthians, Powerbottom et al) that follow him in these threads had absolutely no problem with Potato doing that. I kept telling them the rubberband effect would sting when the chickens finally come home to roost. But of course they all said the USA's state of the art refining process makes the refill of the SPR unnecessary.
Posted by hubertcumberdale
Member since Nov 2009
7262 posts
Posted on 4/3/24 at 10:50 am to
quote:

On a methodical monthly draw-down for the entire year of 2022 timed perfectly for the November 2022 midterms. OP and a handful of his useful idiot boyfriends (notiger 1997, Corinthians, Powerbottom et al) that follow him in these threads had absolutely no problem with Potato doing that. I kept telling them the rubberband effect would sting when the chickens finally come home to roost. But of course they all said the USA's state of the art refining process makes the refill of the SPR unnecessary.


US commercial stockpiles are currently higher than the SPR at 451.4 mmbbls. Total US stocks are at 815.1 mmbbls. What chickens are coming home to roost that would require nearly a billion barrels of oil to cover?

US Petroleum Balance Sheet, Week Ending 3/29/2024
Posted by jeffsdad
Member since Mar 2007
24847 posts
Posted on 4/3/24 at 10:52 am to
Yeah. Whoever let Joey give it to the Chinese needs to be prosecuted
Posted by loogaroo
Welsh
Member since Dec 2005
42166 posts
Posted on 4/3/24 at 11:02 am to
Just means "The Big Guy" couldn't negotiate in his 10%.
Posted by ragincajun03
Member since Nov 2007
29160 posts
Posted on 4/3/24 at 12:15 pm to
quote:

OP and a handful of his useful idiot boyfriends (notiger 1997, Corinthians, Powerbottom et al) that follow him in these threads had absolutely no problem with Potato doing that.


1- I’ve already stated that I have never said we shouldn’t refill the SPR, and I have consistently argued the same as you, he drained it for political reasons.

2- The obsession on here of some posters following others around is odd for grown people. You must be one of those “adult” males referenced in the article of my other thread still living with your parents and bumming off of them.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41031 posts
Posted on 4/3/24 at 12:17 pm to
quote:

US commercial stockpiles are currently higher than the SPR at 451.4 mmbbls. Total US stocks are at 815.1 mmbbls. What chickens are coming home to roost that would require nearly a billion barrels of oil to cover?


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