yeah it was so bone headed how the Biden admin handled that
strategic oil reserve - but didn't they finally refill that a while
back? Or not all the way?
it was dumb enough to even use the strategic oil reserves just
to try and lower gasoline prices 10 cents at the pump, negligible
or no benefit to anyone - strategic oil reserves are for an
emergency, should only be used in emergency situations, such as we
have major calamity like an asteroid hit that wipes out a bunch of
infrastructure, or there's some EMP bomb that takes out the
electric grid. For emergences like having insurance it's for
those 'just in case' scenarios. Not something to use on a political
whim to try and lower gas prices a few pennies.
another analogy would be let's say you have bought some
emergency food supply that companies like Patriot sell - that last
20 years, food and water you store in the basement for just in case
scenario. What the Biden Admin did - it would be like using
those emergency food supplies one day just because you forgot to go
to the store the other day and are low on food LOL - it's like NO,
that's for emergency only, go out to eat or go to the
store.
YES and the worst part was telling people specific prices and
dates- just idiotic.
I don't care if you are a Dem and you love Biden and Harris and
hate Trump, or vice versa - dumb dumb dumb
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Our darn government should quietly
Posted by rbreese on 4th of Sep 2024 at 04:09 pm
Our darn government should quietly start filling up our Petroleum reserves.
yeah it was so bone
Posted by matt on 4th of Sep 2024 at 04:13 pm
yeah it was so bone headed how the Biden admin handled that strategic oil reserve - but didn't they finally refill that a while back? Or not all the way?
nothing strategic about that!
Posted by morton7 on 4th of Sep 2024 at 04:26 pm
nothing strategic about that!
Here's the SPR data sourced
Posted by coolhat on 4th of Sep 2024 at 04:26 pm
Here's the SPR data sourced from Trading Economics website:
United States Strategic Petroleum Reserve Crude Oil Stocks
In the United States, Strategic Petroleum Reserve Crude Oil Stocks refers to the US ending stocks of crude oil in Strategic Petroleum Reserve.
NSA
That’s a wild “lowest” #
Posted by shellson2 on 4th of Sep 2024 at 06:20 pm
That’s a wild “lowest” #
Bone headed when they told
Posted by rbreese on 4th of Sep 2024 at 04:20 pm
Bone headed when they told everyone what they were going to do with specific prices and times. Apparently, they did not replace hardly any.
LOL EXACTLY! I couldn't have
Posted by matt on 4th of Sep 2024 at 04:24 pm
LOL EXACTLY! I couldn't have said it better
it was dumb enough to even use the strategic oil reserves just to try and lower gasoline prices 10 cents at the pump, negligible or no benefit to anyone - strategic oil reserves are for an emergency, should only be used in emergency situations, such as we have major calamity like an asteroid hit that wipes out a bunch of infrastructure, or there's some EMP bomb that takes out the electric grid. For emergences like having insurance it's for those 'just in case' scenarios. Not something to use on a political whim to try and lower gas prices a few pennies.
another analogy would be let's say you have bought some emergency food supply that companies like Patriot sell - that last 20 years, food and water you store in the basement for just in case scenario. What the Biden Admin did - it would be like using those emergency food supplies one day just because you forgot to go to the store the other day and are low on food LOL - it's like NO, that's for emergency only, go out to eat or go to the store.
YES and the worst part was telling people specific prices and dates- just idiotic.
I don't care if you are a Dem and you love Biden and Harris and hate Trump, or vice versa - dumb dumb dumb