BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC

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PT Car Washer

Well-Known Member
Wally said:
Oh, I thought you said don't replenish, leave it in the ground like Biden is doing?

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Makes no sense to replenish the reserve with high priced crude when you can wait till prices come down.
 
Thebrownblob

Thebrownblob

Well-Known Member
PT Car Washer said:
Makes no sense to replenish the reserve with high priced crude when you can wait till prices come down.
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Actually, what you’re saying makes no sense why even have the strategic supply at all? Because we cannot possibly know when we actually need it if it’s supposed to be strategic. If It’s that important money shouldn’t be the main concern.
 
B

bacha29

Well-Known Member
Thebrownblob said:
The difference here is you think I haven’t. And you think I think it’s important to go talk to those people when in fact, it does very little to change anything ever even when you come with a check in your hand.
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Funny, I'm not going in front of the district rep today with a check in hand. In fact one of the things on the agenda is the future of the states elder care system. Like every other state it's a state with a growing senior population. Likewise another item will be flood damage and steps to control flooding in the future. Once again you're already got your mind made up. I prefer to allow public consensus to have a chance dictate public policy.
 
P

PT Car Washer

Well-Known Member
Thebrownblob said:
Actually, what you’re saying makes no sense why even have the strategic supply at all? Because we cannot possibly know when we actually need it if it’s supposed to be strategic. It’s that important money shouldn’t be the main concern.
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You could make that argument since the Reserve is a throwback to the 1970's when it was predicted that the US would run out of cheap domestic crude oil. I believe we should have a reserve but how large is debatable.
 
Wally

Wally

BrownCafe Innovator & King of Puns
Thebrownblob said:
Actually, what you’re saying makes no sense why even have the strategic supply at all? Because we cannot possibly know when we actually need it if it’s supposed to be strategic. If It’s that important money shouldn’t be the main concern.
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Hasn't oil prices been lower since Biden did his election time draining of the reserve?
 
UnionStrong

UnionStrong

Sorry, but I don’t care anymore.
Thebrownblob said:
Actually, what you’re saying makes no sense why even have the strategic supply at all? Because we cannot possibly know when we actually need it if it’s supposed to be strategic. If It’s that important money shouldn’t be the main concern.
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That’s why it’s called “strategic”, something he can’t grasp.
 
Thebrownblob

Thebrownblob

Well-Known Member
UnionStrong said:
That’s why it’s called “strategic”, something he can’t grasp.
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Yeah, let’s wait till it’s cheap enough lol OK when’s that gonna be? Doesn’t seem like they understand what an emergency means and how you prepare for one that you don’t know is coming. Maybe we could just tell the people who mean us harm to hold off until we get our oil supply back?

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UnionStrong

UnionStrong

Sorry, but I don’t care anymore.
Thebrownblob said:
Yeah, let’s wait till it’s cheap enough lol OK when’s that gonna be? Doesn’t seem like they understand what an emergency means and how you prepare for one that you don’t know is coming. Maybe we could just tell the people who meet us harm to hold off until we get our oil supply back?

Israel Warns Iran Of Massive Regional War If Directly Attacked | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
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Somehow the fools that follow Biden and the commie democrats think they won’t be affected. They continue to vote against their own interests as long as it means they can cling to the foolish policies they espouse. It’s a mental disorder, no doubt it.
 
Fred's Myth

Fred's Myth

Nonhyphenated American
PT Car Washer said:
Lot of hurricanes in West Texas?
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The majority of refineries
in the United States are located along the Gulf Coast, particularly in southeast Texas. Three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18). These three states contain 45% of all US refineries and 59% of all US refining capacity.
 
UnionStrong

UnionStrong

Sorry, but I don’t care anymore.
Fred's Myth said:
The majority of refineries
in the United States are located along the Gulf Coast, particularly in southeast Texas. Three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18). These three states contain 45% of all US refineries and 59% of all US refining
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The last significant oil refinery in the US was built in 1976.
 
DriveInDriѵeOut

DriveInDriѵeOut

Inordinately Right
Up In Smoke said:
But no oil was purchased at that time either.
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Because Democrats blocked it.
bacha29 said:
Trump is the only presidential administration where the SPR experienced a net decline in inventory levels.
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Because Democrats blocked refilling it.
bacha29 said:
Moreover additional funding must first be passed by Congress before bids for replacement oil can be requested.
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And Democrats blocked that.

Facts matter buddy.
 
P

PT Car Washer

Well-Known Member
Fred's Myth said:
The majority of refineries
in the United States are located along the Gulf Coast, particularly in southeast Texas. Three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18). These three states contain 45% of all US refineries and 59% of all US refining capacity.
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So how will an SPR going to help any?
 
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