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re: Strategic Oil Reserve (SPR). Who drained it and why

Posted on 3/9/26 at 4:50 am to
Posted by cadillacattack
the ATL
Member since May 2020
10769 posts
Posted on 3/9/26 at 4:50 am to
quote:

Who: Same folks that defunded the Department of Homeland Security.

Why: In furtherance of the slouch toward global marxism.



/thread

Posted by Rarnette
Member since Jul 2016
80 posts
Posted on 3/9/26 at 6:35 am to
Prior to the war the US had a crude inventory glut. If you ride down levee road north of Vacheria all this big white tanks at Plain, Locap, marathon, crimson, Exxon are beginning to fill up. There is a pipeline that leads from that area to Bayou Choctaw SPR(by Port Allen). Being there was a glut of oil we are in no danger of running out in the US. A release from the SPR would likely do little for gas prices just like when Biden was in office. This is a product of global oil prices and gas stations marking up prices immediately as the gas in the tanks was from the low price contracts.
Posted by loogaroo
Welsh
Member since Dec 2005
42231 posts
Posted on 3/9/26 at 6:39 am to
10% to the Big Guy.

Don’t think he didn’t get a cut.
Posted by loogaroo
Welsh
Member since Dec 2005
42231 posts
Posted on 3/9/26 at 6:41 am to
quote:

gas stations marking up prices immediately as the gas in the tanks was from the low price contracts.


Pretty much price gouging.
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