White House Hints at Another Release
from Strategic Oil Reserves
Breitbart Politics,
by
Charlie Spiering
Original Article
Posted By: Harlowe,
2/23/2022 12:15:58 PM
The White House hinted Tuesday that President Joe Biden is considering another release of oil from the Strategic Oil Reserves, as gas prices continue to rise.(Snip)“We all have reserves at our disposal, and those reserves could help support the supply of energy worldwide,” Singh said during the White House press briefing.(Snip)Singh said the White House with energy producers would continue exploring ways to improve the global supply of oil to the country and would work with energy companies to “surge” the capacity of oil to the markets. “I don’t want to go into specifics,
Reply 1 - Posted by:
Catherine 2/23/2022 12:22:02 PM (No. 1080495)
OH sure. Let's cut off all of our own oil drilling. Then lets sell off our emergency supplies. What could go wrong?
20 people like this.
Reply 2 - Posted by:
Quigley 2/23/2022 12:25:44 PM (No. 1080501)
Peasants, here this! The wise and wonderful poopy pants has deigned to release some of his oil reserves to ease your plight caused by the recent scourge of orange man! Be grateful!!
Some of you could see 2-3 bucks in the near future! But I can’t be more specific than that.
6 people like this.
Reply 3 - Posted by:
WV.Hillbilly 2/23/2022 12:44:14 PM (No. 1080512)
The sooner it's empty, the sooner they can force everyone onto public transit.
6 people like this.
Reply 4 - Posted by:
Birddog 2/23/2022 12:44:33 PM (No. 1080513)
Pssst...it is not a "Temporary Tactical" Reserve to be used on very short term media Blips. "Strategic" requires long term thinking, such as...NOT shutting off US production and making up for it by BUYING oil/gas from Russia and Iran FUNDING their expansions.. NOT shutting down a 99% completed pipeline that allows our Northern "Friendly Neighbor" to get their oil/gas to market, and to our refiners.
11 people like this.
Reply 5 - Posted by:
Starboard_side 2/23/2022 12:44:36 PM (No. 1080514)
The SPR is supposed to be there for an emergency, and we don't have an emergency.
They simply need to remove the constraints on the oil and gas industries in the United States. It would have a much more significant impact on prices.
15 people like this.
Reply 6 - Posted by:
mifla 2/23/2022 12:52:07 PM (No. 1080520)
We used to be energy independent. Now we beg OPEC to increase production and use up our strategic reserves. All part of a plan, as no one can be this stupid.
15 people like this.
Reply 7 - Posted by:
Jethro bo 2/23/2022 12:58:16 PM (No. 1080524)
We are about to be at war without energy capacity and against an energy juggernaut. So Diaper Joe plans to waste some fuel reserves to decrease the price of gasoline from $4.25/gal to $4.24/gal. The more he rules the more we understand why Trashcanistan was such a debacle.
7 people like this.
Reply 8 - Posted by:
Pearson365 2/23/2022 1:00:57 PM (No. 1080527)
Oh no! Biden may have to replace Sec of Defense Austen and his two climate-before-people zealots, John Kerry and Gina McCarthy, when they all resign over Biden abandoning the gravest threat we have ever faced, climate change. For just 3 months after Biden apologized to the world for Trump’s failure to eliminate fossil fuels, Biden is tapping our petroleum reserve so that the vehicles Dems hate the most, SUVs, can continue threatening the future of the earth. Shocking, simply shocking to see that Biden doesn’t believe what he says. Especially when his mad beliefs drive his poll numbers lower and lower.
2 people like this.
Reply 9 - Posted by:
franq 2/23/2022 1:02:10 PM (No. 1080529)
Absurd. No other way to describe it.
4 people like this.
Reply 10 - Posted by:
Nimby 2/23/2022 1:03:25 PM (No. 1080532)
Who is the brain behind this stupidity? We know that the brain-dead clown is incapable of making any decision
8 people like this.
Reply 11 - Posted by:
Krause 2/23/2022 1:05:44 PM (No. 1080536)
Trying to cover up their mistake. Democrats are the worst managers ever.
1 person likes this.
Reply 12 - Posted by:
Newtsche 2/23/2022 1:10:18 PM (No. 1080541)
Seemingly a bandaid on a decapitation but, no, making us that much weaker and vulnerable so yeah, job done.
5 people like this.
Reply 13 - Posted by:
Proud Texan 2/23/2022 1:13:14 PM (No. 1080542)
Democraps have always tried to keep America weak. Getting rid of out strategic oil reserve is something they constantly work on.
This time they are using the Ukraine situation to further deplete our strategic reserve to make us weaker in the event of a military attack on us, make living expenses even higher to keep us in our lowly place, and (as another poster says) drive us on to public transportation when possible, or strand us if we don't have it. Everything they they do is to put down working Americans.
5 people like this.
Reply 14 - Posted by:
jeffkinnh 2/23/2022 1:16:27 PM (No. 1080546)
A point. The oil in the reserve is released for sale. Guess where the money goes? Into the voracious dem government that spends it much faster than it come in.
1 person likes this.
Reply 15 - Posted by:
red1066 2/23/2022 1:17:06 PM (No. 1080548)
This will result in about a three cent a gallon drop in price for about a week. Then the price will go back to what it was.
3 people like this.
This guy is Biden’s brain.
He is responsible for all the insane policies coming out of the White House.
Left wing lawyer, lobbyist. He has a busy resume of working for all the wrong people.
https://en.wikipedia.org/wiki/Ron_Klain
3 people like this.
The oil released goes on the global market. Last release sent half of it to China.
4 people like this.
Reply 18 - Posted by:
smokincol 2/23/2022 1:57:49 PM (No. 1080574)
this befuddled and incompetent fool is trying his hardest to bankrupt our country - when is enough gong to be enough?!
4 people like this.
Reply 19 - Posted by:
Toodles3956 2/23/2022 2:03:20 PM (No. 1080579)
That oil should be used only for emergency military aid.
3 people like this.
Reply 20 - Posted by:
Grateful 2/23/2022 2:18:18 PM (No. 1080593)
Stupid is as stupid does. What doesn't poopy pants understand about the word 'strategic'? Oil was put into the SPR at a much lower cost than what we will need to pay to replace the released reserves that will have little or no effect on the current pump price. Just more bad decisions from the Brandon junta that are a continuation of the 'first day' Executive Orders.
1 person likes this.
Reply 21 - Posted by:
NYbob 2/23/2022 2:29:36 PM (No. 1080598)
Good. Drain it all. Burn the White House for firewood. NOTHING the rats can do or this creep can be directed to do will matter to the media or every rat die hard. We went round the bend with Johnson and Vietnam and now the destruction of the American Experiment is almost complete. The sooner we get to the end game and total breakdown is everywhere, the better. I don't know if we will ever see the thousands of demonic fools that killed America running for their lives, but we sure seem locked into that path. It would be a small measure of comfort to see just one of them really truly answer for their crimes and the rest of them cowering in fear.
4 people like this.
Reply 22 - Posted by:
Philipsonh 2/23/2022 3:25:15 PM (No. 1080649)
Good planning. Empty the Reserve when oil is at $93 per barrel or so, and refill the reserve when oil is at $100+ per barrel. That is exactly how Democrats think, backwards.
5 people like this.
Reply 23 - Posted by:
BarryNo 2/23/2022 3:27:19 PM (No. 1080650)
They dort of have too. Oil leases on private property have become competitive - even lucrative at the high prices per barrel. This will ease the supply and drop the price, but, the Democrats want the credit for it.
1 person likes this.
Reply 24 - Posted by:
BarryNo 2/23/2022 3:29:49 PM (No. 1080652)
Meanwhile they'll look into ways to shut those sites down. This is end game. They will pauper us into submission. Trudeau's bragging about Trump supporters and their bank accounts let the cat out of the bag. Wait till the Freedom Convoy gets to Virginia...
2 people like this.
Reply 25 - Posted by:
deerejon 2/23/2022 4:07:47 PM (No. 1080674)
I swear to God our Whitehouse is full of Morons and Idiots.and that's being nice.
3 people like this.
Reply 26 - Posted by:
synchronicity 2/23/2022 4:53:01 PM (No. 1080690)
The SPR are salt domes that have been hollowed out with hot water to make massive storage cavities. When oil is pumped into these cavities it doesn't react with the salt and stays in place until it is pumped out by forcing water into the bottom of these storage cavities - oil floats on water with the water acting as a piston. Every time oil is extract these salt domes are eroded / degraded further and as such have a limited life span based on the number of times their oil is extracted. So not only is what's going on stupid on so may other levels and always done purely for political theater but it also destroys these massive and extremely expensive storage structures that could well be useless when a true emergency arises.
2 people like this.
Reply 27 - Posted by:
rochow 2/23/2022 8:14:27 PM (No. 1080841)
Again, a drop in the bucket. The sleaze in the WH or whoever controls this ugly pimp in his legging suits just can't make himself turn on the keystone pipeline again. Probably afraid he will lose a few of his lefty voters.
1 person likes this.
Reply 28 - Posted by:
or gate 2/23/2022 8:17:01 PM (No. 1080847)
Just more from the know nothings
1 person likes this.
Below, you will find ...
Most Recent Articles posted by "Harlowe"
and
Most Active Articles (last 48 hours)