biden taps u.s. strategic oil reserve

in a news story today, biden is releasing iirc 50 million barrels of u.s. strategic oil from our energy reserve: link: U.S. Joins with China, Other Nations in Tapping Oil Reserves (msn.com)
imo this is foolish, why? that strategic reserve is for a "emergency" not for a short term fix to gasoline and natural gas prices. while biden is begging opec, and other nations to increase their oil drilling & production, to meet our needs. this is all caused imo by biden shutting down our drilling, pipelines, to appease "the squad".
under trump the u.s. was energy independent!! the u.s. even sold oil and natural gas to other nations. and gasoline prices were low!!
if any of you think i am wrong, i would like to hear from you on why i am wrong. i enjoy different idea's put before me. thanks.

MOD EDIT - The link to the thread was deleted by the host server. The following is a fixed link to the original article:

https://www.nytimes.com/2021/11/23/...ld,in supply and demand, and lower gas prices.

 

What drilling and pipelines has Biden “shut down” exactly? Or do you believe pipelines that were not operational and not set to be operational for some time have caused this?

Micro or macro economic, supply and demand, patriot presidents demanding other nations reduce supply, COVID restrictions ending and people making up for trips and travel they put off last year — none of these have anything to do with gas prices… it’s all Biden’s fault… right?

Also this topic is already being discussed and the same mindless points regurgitated. Almost like some are consuming the same MSM sources
http://www.politicalforum.com/index...-amid-gas-price-spike.594483/#post-1073087491

 

Wasn't the U.S. suppose to be expected now that Biden's in charge?

 

actualy, it is bidens fault. biden stopped drilling on public lands, trying to shut down iirc pipeline 5 from ill to st. louis mo. proof? the u.s. was (energy independent) when trump was in office. and now the u.s. is --not, under biden. and the keystone pipline would help keep us energy independent but he shut that down also. iirc, biden also stopped drilling in alaska. yes the wells already in survice will keep pumping, but we will not be able to find more which we know is there. so biden has to steal from the strategic oil reserve needed for emergencys. and beg to opec to send us more oil.
but you do raise interesting ideas i have to admit.
you posted quote: supply and demand, can you tell me why under trump even before the wuhan virus hit, why the u.s. was energy independent, and now 10 months later we aren't? just asking. mean no disrespect ok?

quote: Also this topic is already being discussed and the same mindless points regurgitated. ok, i didn't know that, can you educate me on some of these points i don't know about. thanks.

 

ok, slow here sorry. are you saying the voters should have known biden would do this? just asking.

 

Sometimes I get my words mixed up especially the horrible autocorrect making my writing incorrect.

I meant to say "Wasn't the U.S. suppose to be respected now that Biden's in charge?"

I apologize for the mistake.

 

We were energy independent, during a economic shutdown when demand was at its lowest point in decades?

Are you wanting me to explain supply and demand?

You didn’t answer the question, what plants or pipelines that would currently be supplying the US did Biden shut down?

Do you believe bolding your entire post makes your point valid? It usually is indicative of someone that doesn’t have one.

 

respect from authoritarian collectivists is not something to seek

 

He’s going to release 1/12th of the national reserve? Big deal. We’ll see a 10 cent drop for a month…. If that

 

Pretty sure this answers that question pretty clearly. Indeed, the US briefly squeaked in into net exporter territory, but as you can see, this has been a 15 year trend. Trump will get credit for not messing it up, but I think you would be pretty hard pressed to give him and his policies credit for the state of affairs. In the same way that people are having a tough time finding a policy that Biden implemented in the 11 months since he was sworn in that can point to today's state of affairs.
Very good article that explains the net importer debate going on right now. I recommend it.
https://www.forbes.com/sites/rrapier/2021/11/14/is-the-us-energy-independent/?sh=4b9b2eb21387

BTW, please stop typing in bold, it really is unpleasant to read.

 

i didn't answer your question on pipelines? what about this? from my post quote: biden stopped drilling on public lands, trying to shut down iirc pipeline 5 from ill to st. louis mo. now you want "supply & demand? we were independent from opec, and other nations selling oil "before" the wuhan virus hit.all before the "virus" hit in jan 2020. trump had drilling on public lands, fracking for n.g. & oil. prices for n.g. & oil were way down before the virus. and keystone pipeline would keep the u.s. energy indemendent for quite a while . but it was shut down by biden. biden has done everything he can to "cut" our production of oil & n.g. then goes crying to opec, and other nations to sell us more oil which raises the price for gas, oil, & n.g.. the looting of the strategic oil reserves only weakens the u.s. more if there is a real emergency. thanks for your comments, if you have more i'm interested in reading them.

quote: Do you believe bolding your entire post makes your point valid? answer, no. i talked to the admin about this, they said no caps but bold in small letters ok. check with them. i have my reason, and admin know about it.

 

interesting point. but look carefully at your chart. you can see the steeper decline in importing oil goes from when trump took office. he opened up pipelines like keystone, let fracking happen, more drilling on public lands, more drilling offshore. which imo kept us importing less and less oil and we were energy independent. now we aren't! your quote: the same way that people are having a tough time finding a policy that Biden implemented in the 11 months since he was sworn in that can point to today's state of affairs. trouble? no trouble at all, as soon as biden started shutting down pipelines, stopped fracking, stopped drilling on public lands. also talking about shutting down iirc pipeline 5 from ill to st. louis. the prices for oil, & n.g. have been going up & up. so no trouble in finding reasons for me and many, many others. thanks for the commets will read your source. thanks

 

i just read your source. and i really like this quote: It is true that in 2019 our net imports of crude oil and finished products flipped from positive to negative. By that metric, we became energy independent (at last as far as our oil consumption goes). It is also true that Donald Trump was president when this happened for the first time in October 2019. now before & after this comment, your source. "imo" not saying your wrong. did a lot of (spinning) to say the u.s. was "not" energy independent. i use simple idea's, like--if we don't import n.g. or oil, for our needs, & we use our own oil, & n.g. to fill that need, then we are energy independent. imv. again not saying your wrong, just my view on this. thanks.

 

Yes. They should have. He said he would.

 

We we won’t see a drop like that. Gasoline prices will be higher in three days.

 

So you believe that because Biden shut down FUTURE projects most of which were only in the planning stages that is causing a fuel shortage today?

Are you serious?

Why is much of the rest of the world having similar issues if it is only because what Biden has done?

 

Outside of my norm, I will simply refer to someone who has already so eloquently said it:

• Permit the use of preexisting approved leases in ANWAR (Alaska) to put more volume into the Alaskan oil pipeline that is severely underutilized.
• Finish the Dakota access pipeline.
• Reapprove the preexisting energy leases in New Mexico, Arizona, NE Atlantic and Gulf of Mexico.
• Retract the stoppage of the Keystone pipeline to permit efficient oil transport shipments from Canada.
• Stop blocking the expansion of coastal oil refineries in Texas, Louisiana and Alabama (regulatory issue), as well as Northwest, Northeast and Southeast Seaboard.
• Continue to develop natural gas as a clean burning fuel.
• Drive Liquefied Natural Gas (LNG) as an export.

None of this requires any approval from OPEC. Strategically, the all of the above approach enhances U.S. national security and diminishes the influence of Russia, China and Iran. Within six months of the above, gasoline will plummet

https://theconservativetreehouse.co...n-in-the-murder-of-ahmaud-arbery/#more-220678


And yes, it is all Biden's fault as he refuses to do any of these things that Trump was doing. Gas prices were very low under Trump. They are now quite high (and will keep getting higher) under Biden.

 

I may agree with what you say. i may not. I won't read your posts because large bolded posts are very annoying to read.

 

No kidding, yikes!!!

 

Gas prices were only “low” under trump when supply was high (OPEC trying to destroy Russian production) and demand was low (pandemic travel).

None of what you just listed would impact costs today.

 

HYPOCRISY: Kamala Harris Slammed Trump for Refilling Oil Reserves that Joe Biden Just Drained.

Not Bright, Few Like Her.​

She's little slow on the whole buy low, sell high.

Biden Screws Up Everything: Backfire: Oil Prices Soar as Market Rejects Biden Administration’s Strategic Reserve Ploy.

​

"The price of West Texas Intermediate jumped more than 2.5 percent to $78.47."

Demented Biden The Idiot Clown Should Have Attacked US And Canadian Energy Producers even while he was signing off on the completion of a Russian Pipeline and begging OPEC to increase production.

Now our gas prices have double when we can least afford it. Demented Joe costs you money every time you fill up your gas tank.

​

 

Now that gas is consistently over $2.00 per gallon, we can all expect the average consumer to buy into the current trend of the Biden administration to emphasize that it is only this more expensive or only that more expensive.

AKA Jen Psaki... "A bird is ONLY a few dollars more than last year."

Meanwhile the Dollar Tree chain is becoming the $1.25 Tree chain. But at some point, the greed of the Globalists will hit marginal consumer stagnation. And then the real damage will start to set in.

 

Such an incompetent administration

 

They were low under the entirety of Trump's policies taking effect.

It would ALL impact costs today.