Biden to release massive amounts of oil from the strategic reserve

Saltwater60

Saltwater60

20×102mm Vulcan
Messages
36,112
Reaction score
40,566
Location
Western NY
This guy just does dumber and dumber shit everyday. This is stupid and just to appease a few people for a few cents per gallon of gas.

amp.cnn.com

Biden announces historic oil reserve release and presses oil companies to do their part to reduce gas prices | CNN Politics

President Joe Biden on Thursday announced an unprecedented release of oil from US reserves and several steps his administration is taking to punish oil companies for not increasing production from unused leases on federal land.
amp.cnn.com amp.cnn.com
 
MothMan

MothMan

.338 Win Mag
Messages
6,990
Reaction score
12,689
Location
Point Pleasant, WV
First crude can hit the market 13 days after release by POTUS so maybe this release will be available around the middle of May.

PS this is all the cheap oil Trump bought



Tapping the reserve is among the few things a president can do alone to try to control inflation. According to the Department of Energy, the reserve is always “drawdown ready,” meaning it can release crude oil to the market within 13 days of the president’s direction.

Biden’s six-month timeframe will begin in May, according to a Bloomberg report, meaning as many as 180 million barrels will be released from the strategic reserve. That means that even if the U.S. doesn’t add any barrels to the reserve, and no additional releases are ordered, there would still be roughly 388 million barrels in the emergency stock.

www.brproud.com

How much oil will be left in the US strategic reserve after Biden’s release?

Biden is calling for the release of 180 million barrels of oil from our strategic reserve – here’s what that means.
www.brproud.com www.brproud.com
 
redtail

redtail

.308 Win
Messages
3,325
Reaction score
5,839
Location
PRNY
Soldier nails it.
This reserve was put in place by Teddy Roosevelt as emergency fuel for navy and military needs.
We are watching the intentional subversion of our readiness to warfight.
ETA: This is coordinated by the puppet masters, not the potatus.
 
L

livingston

20×102mm Vulcan
Messages
50,290
Reaction score
137,341
Location
livingston county
redtail said:
Soldier nails it.
This reserve was put in place by Teddy Roosevelt as emergency fuel for navy and military needs.
We are watching the intentional subversion of our readiness to warfight.
ETA: This is coordinated by the puppet masters, not the potatus.
Click to expand...
In the long game... Democrats main focus ... Destroy this country.
 
spat

spat

.950 JDJ
Messages
30,136
Reaction score
63,629
Location
Formerly Geneseo, NY. Now free in AZ
MothMan said:
First crude can hit the market 13 days after release by POTUS so maybe this release will be available around the middle of May.

PS this is all the cheap oil Trump bought



Tapping the reserve is among the few things a president can do alone to try to control inflation. According to the Department of Energy, the reserve is always “drawdown ready,” meaning it can release crude oil to the market within 13 days of the president’s direction.

Biden’s six-month timeframe will begin in May, according to a Bloomberg report, meaning as many as 180 million barrels will be released from the strategic reserve. That means that even if the U.S. doesn’t add any barrels to the reserve, and no additional releases are ordered, there would still be roughly 388 million barrels in the emergency stock.

www.brproud.com

How much oil will be left in the US strategic reserve after Biden’s release?

Biden is calling for the release of 180 million barrels of oil from our strategic reserve – here’s what that means.
www.brproud.com www.brproud.com
Click to expand...
So, 6 months, roughly the time frame between now and the election. I don't think his motive could be any more blatant.

Somehow I expect the price of gas to be higher then than it is now anyway...
 
TEOTWAWKI inc.

TEOTWAWKI inc.

.338 Win Mag
Messages
7,385
Reaction score
15,203
Location
Tennessee, U.S.A.
36 days of oil in the political stockpile, if it was full. I think we have about 30 days worth in there right now.

Just use it all. It makes no difference.
 
FP1201

FP1201

.338 Win Mag
Messages
6,275
Reaction score
10,570
Location
Adams, NY
Keep in mind this is the SECOND RELEASE of Strategic Oil, and while the Democrats are singing his praises, they refuse to acknowledge that the US uses 15 MILLION Barrels of Oil a day, so that 1/15th doesn't amount to anything more than Free Cheese to welfare recipients in exchange for Political support.

Do you know a Ship can carry 2.5 to 3.5 Million Gallons of Fuel Oil?
How many non-nuclear Ships do we have?
 
Acer-m14

Acer-m14

20×102mm Vulcan
Messages
35,957
Reaction score
38,561
Location
Livingston
hey Joe .. just stick a pickaxe in the Alaska pipe line and you can release more oil and save on shipping cost .. hell your destroying this USA ..
at least go all out ..
 
TEOTWAWKI inc.

TEOTWAWKI inc.

.338 Win Mag
Messages
7,385
Reaction score
15,203
Location
Tennessee, U.S.A.
I wonder how they get the oil out of the strategic reserves. There is no way it is being pumped out of a well from an underground reservoir(s). That would not be environmentally friendly.

Unfortunately we will probably never know...
 
SonOfSun

SonOfSun

.308 Win
Messages
4,849
Reaction score
5,990
Location
WNY
livingston said:
View attachment 152910
Click to expand...

What a prime level derp picture.

Crude oil is Russia’s biggest export, accounting for $123 billion of its export revenues, data for 2019 shows. Next on the list are refined petroleum – things like petrol and diesel – at $66.2 billion, gas at $26.3 billion and coal at $17.6 billion.

Russia's total national exports in 2020 (couldn't find 2021 data) was about $330 billion. 229 / 330 billion of its exports are fossil fuels. 69% of all of Russias exports are thing like gas and oil. America isn't close to that.
 
FP1201

FP1201

.338 Win Mag
Messages
6,275
Reaction score
10,570
Location
Adams, NY
As soon as Pelosi and her henchmen handwringers came out with backing for Ukraine that was the pivotal moment, coupled with the Biden Crime Family ties to the region and the Russian fear porn the Left has used against the American People with Election fraud, nuclear attacks, and a sundry of other questionable coincidences.
 
You must log in or register to reply here.
Top