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Yes, Democrats, let's just give our oil
reserves away

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Posted By: Hazymac, 11/19/2021 3:52:44 PM

The Strategic Petroleum Reserve, created following the oil crisis of the 1970s, exists to supply Americans during a war or other emergency. Democrats are now calling for oil to be released from the reserve to help reduce the high gas prices that they themselves have created. This is not an emergency unless you believe that the loss of Democrat seats in the 2022 midterm election constitutes an emergency. The Strategic Petroleum Reserve currently holds 638 million barrels, approximately 1,000 days of net petroleum imports — but far, far less (only 32 days worth) of total domestic demand of 20 million barrels per day.

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Reply 1 - Posted by: marbles 11/19/2021 4:14:46 PM (No. 982864)
Not give, 1.6 mi barrels were sold. In October. To China.
13 people like this.

Reply 2 - Posted by: Birddog 11/19/2021 4:16:28 PM (No. 982866)
What CAN Dem Politicians from mostly NE States actually DO to lower gas prices? They can waive, rescind, refund TAXES on fuels...costs that THEY placed on those fuels. (Bear in mind these costs/taxes shown do not include the 18.4 cents in place by the Federal Govt, which politicians could also demand be waived,rescinded, refunded) https://taxfoundation.org/state-gas-tax-rates-2021/
7 people like this.

Reply 3 - Posted by: Namma 11/19/2021 4:18:05 PM (No. 982869)
selling our oil reserve! We need that reserve in case of WAR. Looks to me like the "biden adminstration" knows exactly what they are doing. probably know why too!
19 people like this.

Reply 4 - Posted by: Petronius 11/19/2021 4:22:05 PM (No. 982875)
Is Biden getting his customary 10% kick back.
12 people like this.

Reply 5 - Posted by: bad-hair 11/19/2021 4:40:02 PM (No. 982889)
Going ONCE, going TWICE ... SOLD to China !!! 10% to the Big Guy.
14 people like this.

Reply 6 - Posted by: Catherine 11/19/2021 5:00:04 PM (No. 982904)
It's called a reserve because in case of some crisis or other and we are unable to buy or pump oil, we have - I think a 90 day supply - in reserve to get us through it. No reserves. No pumps pumping. We are at the mercy of everyone in the world.
10 people like this.

Reply 7 - Posted by: TCloud 11/19/2021 6:36:24 PM (No. 982976)
When that is gone, they will stick with their $9 cap on gas per gallon. Bring on the Green #h*t!
5 people like this.

Reply 8 - Posted by: Penney 11/19/2021 7:18:35 PM (No. 983000)
America's national security is the last thing on this President's mind. His Oath of Office went in one ear and out the other!
8 people like this.

Reply 9 - Posted by: Luckychosenfew 11/20/2021 3:29:29 AM (No. 983173)
Did you see that Biden is CURRENTLY selling off the US Strategic Oil Reserve to unnamed countries in Asia? Check that out!
3 people like this.

Reply 10 - Posted by: 24tea@Mag 11/20/2021 2:31:27 PM (No. 983717)
I believe that the loss of Democratic seats in the midterm 2022 election constitutes a blessing. One less Democrat is one less nut case.
2 people like this.

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The Strategic Petroleum Reserve, created following the oil crisis of the 1970s, exists to supply Americans during a war or other emergency. Democrats are now calling for oil to be released from the reserve to help reduce the high gas prices that they themselves have created. This is not an emergency unless you believe that the loss of Democrat seats in the 2022 midterm election constitutes an emergency. The Strategic Petroleum Reserve currently holds 638 million barrels, approximately 1,000 days of net petroleum imports — but far, far less (only 32 days worth) of total domestic demand of 20 million barrels per day.
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