Author Topic: Strategic oil reserve..  (Read 101 times)

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Online ironglow

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Strategic oil reserve..
« on: November 09, 2024, 02:55:41 PM »
  Nearly as soon as Biden took office, he sold off our strategic oil reserve for peanuts...mostly to China.

   Since he started right off, robbing our petroleum piggy bank...is he going to refill it before he leaves?

  frankly, i doubt he will lift a finger to replace what he plundered..leaving it for his successor to refill..
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline Lloyd Smale

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Re: Strategic oil reserve..
« Reply #1 on: November 09, 2024, 11:13:29 PM »
his ONLY concern right now is getting out with as much of a legacy as he can. he will do nothing to help make trumps job easier unless it makes him look like a winner to both sides and we all know that aint happening. i wouldnt even be surprised if he throws harris, pelosi and shummer under the bus in the next 6 weeks. help our country or our military? 4 years of just the opposite so why would he change now
blue lives matter

Online ironglow

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Re: Strategic oil reserve..
« Reply #2 on: November 10, 2024, 03:14:26 AM »
  ..Going to be interesting between now and Jan 20..  Those political appointees of the deep state and any who hav ebeen doing crooked deeds,
   know thay are about to lose their jobs, and possibly be prosecuted..so they will be doing some desperate and stupid things.

   They will come up with more wild and delusional accusations etc. 

  Have you noticed how, when you kill a snake...it's tail often goes on quivering and flailing around ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)
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Online Lizard of Oz

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Re: Strategic oil reserve..
« Reply #3 on: November 10, 2024, 05:27:16 AM »
Looks like Sleepy Joe has replaced some of the oil for less than he sold it for as well as paying down some debt.

https://www.reuters.com/business/energy/biden-administration-buys-last-oil-emergency-reserve-fund-taps-out-2024-11-08/

Online ironglow

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Re: Strategic oil reserve..
« Reply #4 on: November 11, 2024, 03:40:15 AM »
Quote from: Lizard of Oz link=topic=307178.msg1099848079#msg1099848079 dat e=1731256036
Looks like Sleepy Joe has replaced some of the oil for less than he sold it for as well as paying down some debt.

https://www.reuters.com/business/energy/biden-administration-buys-last-oil-emergency-reserve-fund-taps-out-2024-11-08/

  Yes; key sentence in the Reuters article...  Trump would have to work with Congress to keep replenishing SPR=blue]"

     Still a long way to go to refill the reserve.. 

     From Politico;   " In fact, the reserve still holds 351 million barrels — equivalent to nearly 56 days of total U.S. oil imports last year — though well below the peak of 727 million barrels it held during the Obama administration. That’s on top of 424 million barrels that private companies were storing in the U.S. as of early October."

   Down to351 million barrels, from 727 million barrels..still many barrels to refill.

   So, now what does Joe do about the millions of illegals, gang members and tons of cartel drugs he has invited in ?

  Biden/Harris left a mess that Trump will have to clean up...just like a slob tenant leaving an apartment.
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)