Biden to release 50M barrels of oil from Strategic Petroleum Reserve amid gas price spike

Discussion in 'Current Events' started by sec, Nov 23, 2021.

  1. sec

    sec Well-Known Member

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    https://www.foxbusiness.com/politics/biden-strategic-petroleum-reserve-release-gas-price-spike

    HYPERLINK has full story

    snip

    "The President stands ready to take additional action, if needed, and is prepared to use his full authorities working in coordination with the rest of the world to maintain adequate supply as we exit the pandemic," the White House said in a statement Tuesday.

    end snip

    I had to paste in the quote from the WH

    What is interesting is what they are not saying. Yes, our Democrat policies against oil put a shock into the futures and prices soared. Yes, we could reverse our harmful policies but being Democrats, we cannot admit that our policies fail the country

    Yet another shining example of

    Democrat votes have consequences; shameful and harmful
     
  2. joesnagg

    joesnagg Banned

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    After the past 5 years you summed up my feelings quite succinctly in another thread..."Democrats. I actually vomit in my mouth when I say the word.".......I'm to regard them as MY "fellow Americans"? Naw, THAT's a sentiment I no longer have in me. :no:
     
  3. Pants

    Pants Well-Known Member

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    I'm sorry you feel that way.
     
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  4. FatBack

    FatBack Well-Known Member

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    Please don't act as though it's not a generally mutual feeling. :handshake:
     
  5. joesnagg

    joesnagg Banned

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    They reap what they sow, no more complicated than that.
     
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  6. sec

    sec Well-Known Member

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    think about it. This thread topic is about the Democrat response to a problem created by Democrat policies.

    Let that sink in. Instead of simply reversing the harmful, Democrat policies, and letting the market correct itself, they take from the oil reserves.

    How can anyone who is actually informed ever vote Democrat?
     
  7. Pants

    Pants Well-Known Member

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    It isn't. I realize that I see things very differently than right leaning folks, but I don't consider them to be less than 'a fellow American'.
     
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  8. joesnagg

    joesnagg Banned

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    Can't say I ever gave a rat's ass if you answered or not, Down Under. Why don't you just stick to oppressing your unvaccinated and indigenous populations down there, that should more than occupy your free time. As for the lame "ignore function", never personally felt a NEED for it. :D
     
  9. Marcotic

    Marcotic Well-Known Member

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    Democrat policies have nothing to do with the current spike in gas prices. During covid production went down to match limited demand, as things opened up, production hasn't been able to keep up. Blaming gas prices on the president in this instance, as usual, is folly reserved for those disconnected from reality or those with a partisan axe to grind.

    https://www.usatoday.com/story/news...-due-national-and-seasonal-demand/5253346001/
     
  10. RP12

    RP12 Well-Known Member

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    Are you suggesting lowering Domestic drilling has had no impact?
     
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  11. Marcotic

    Marcotic Well-Known Member

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    <Sigh> That was covered in the source sited. That will have an impact in the coming years, not immediately. So no, I'm not suggesting it, I'm telling you it doesn't based on expert opinion.
     
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  12. RP12

    RP12 Well-Known Member

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    Sigh ~ Perhaps quote the relevant part that you think backs up your claims.. Anyone can throw a link around!
     
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  13. ButterBalls

    ButterBalls Well-Known Member

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    The DNC never learns :) This has been done before when OPEC had their way with us price and shortages. Now we are using our EXPENSIVE Strategic Petroleum Reserve because the moronic DNC are doing the same thing the OPEC did..

    Simple fact, the Democrats live in a future world that todays energy can't possibly sustain their comic book reality.

    Coal-fired power plants to close after new wastewater rule

    And it gets real! Some will convert to NG many will not and simply close... But the brainless in Washington will subsidies electric cars at the tune 186 billion in 2022 to litter the nation with charging stations while electricity production drops drastically..
     
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  14. ButterBalls

    ButterBalls Well-Known Member

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    Actually they create pain and suffering because that's where they are the most comfortable and a place that has over the century earned them subsidies.. Problem they are going to soon realize is the people that provided for them were not the politicians that fooled them, but the folks they have put out of work ;)
     
    Last edited: Nov 23, 2021
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  15. Marcotic

    Marcotic Well-Known Member

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    Lol, so I have a link that you can read, you have (checks notes) nothing, and I'm supposed to spoon feed you the relevant bit?

    Read the link, learn a thing.
     
    Last edited: Nov 23, 2021
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  16. Hey Now

    Hey Now Well-Known Member

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    This^. It's another example of non radicalized thought. What's with all the anger and hating on the far right.
     
    Last edited: Nov 23, 2021
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  17. ButterBalls

    ButterBalls Well-Known Member

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    Here is the real JOKE :)

    Biden to release 50M barrels of oil from Strategic Petroleum Reserve amid gas price spike
    Of course ByDumb is a moron and his true believers are horrible at math LMFAO :)

    So 50 Million barrels will get us thru Thanksgiving lololol Well unless we add in home heating then is about 10-15 hours worth of energy HAHA
     
    Last edited: Nov 23, 2021
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  18. ButterBalls

    ButterBalls Well-Known Member

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    Ahhh, you let her derail you with a off topic personal attack :( :no:
     
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  19. Bluesguy

    Bluesguy Well-Known Member Donor

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    And you are not a "fellow American".
     
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  20. Bluesguy

    Bluesguy Well-Known Member Donor

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    Are you suggesting shutting down pipelines and pledging to shutdown drilling and destroying the industry has no impact on available domestic supplies?


    Biden moves to rapidly adopt climate policies, stunning the oil and gas industry
    Oil and gas companies knew they would face a fight with President Joe Biden, who had campaigned on tackling climate change. Nobody expected fossil fuel to come under such an immediate attack.


    Biden didn’t quietly sidetrack the Keystone XL pipeline with legal maneuvers. The new president yanked the permit on his very first day in office, blocking a project that would have delivered crude from Alberta’s oil sands before even speaking to Canadian Prime Minister Justin Trudeau.

    He didn’t simply rejoin the Paris climate pact, as he promised during the campaign, but had his climate advisor, Gina McCarthy, commit Wednesday to “the most aggressive” carbon cut the U.S. can make. That came just before Biden signed a climate-related executive order suspending new oil and gas leases on public lands, directing federal agencies to purchase electric cars by the thousands and seeking to end fossil-fuel subsidies.

    It all left the oil industry stunned on what the Biden team had pitched as Climate Day. Fossil fuel stocks have plunged on his actions, and banks including Goldman Sachs Group Inc. have warned of a drop in U.S. crude supplies. “The industry is aghast at these changes,” Dan Eberhart, chief executive of oil-field services company Canary Drilling Services, said in an interview. “They are more direct, more fierce and quicker than what folks expected.”
    https://fortune.com/2021/01/28/biden-climate-oil-and-gas/
     
  21. Quantum Nerd

    Quantum Nerd Well-Known Member

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    In reality, China and other nations are also tapping into oil reserves, because they ALSO experience high oil prices. I wonder why? Could it be that oil is a worldwide commodity that the president of just one nation has little influence over? Of course, it is much easier to bash Biden with the hypothetical bad Dem policies that supposedly made oil prices rise in the whole world, magically within a few months of Biden taking power. It's not that there is a lag between policy changes and economic effects, or that world wide demand has gone up while supply has been curbed due to the covid crisis. No, that doesn't fit the simplistic "let's go Brandon" mindset.

    BTW: I am against tapping the oil reserve. This is only a short-term solution, a political ploy, and will not solve the problem in the long term. In the long term, we have to wean ourselves off fossil fuels. Of course, that's the last thing the Biden-bashing gas guzzler drivers want to do. When the old farts die, change MAYBE possible, as we can already see that the young people are not wedded to ICE cars, they actually LOVE Tesla. it's a market that needs to be tapped
     
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  22. joesnagg

    joesnagg Banned

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    Perhaps...if but for the rules I could launch a salvo of personal attacks on some that would light their pants on fire.... expect you could too! :D
     
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  23. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    Ok, so whats the strategy in pulling oil from the reserve? And is there an emergency reserve for after the strategic reserve runs out?
     
  24. balancing act

    balancing act Well-Known Member

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    Probably to oppose the absolute idiocy the Republican party (at least a majority) has become.
    To be taken seriously again, I would suggest you Republicans nominate some real candidates like Kinzinger and Kasich. The Dems put forth the most moderate Democratic nominee last time to oppose the extremism represented by Trump, and it worked for them.
     
  25. Marcotic

    Marcotic Well-Known Member

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    No, I'm telling you based on expert opinion that it has not. Neither your statement nor the text quoted provides evidence to the contrary.
     
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