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cbxjeff Member Posts: 16,906 ✭✭✭✭
The Biden administration on Tuesday said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve.
Good move as we aren't likely to have any national emergency requiring the reserve anyway. Might as well sell it all.
It's too late for me, save yourself.
IIRC the US consumes about twenty million barrels per day
I have gotten to the point of can't stand to even hear him lie
When he says I am doing all I can to reduce oil cost. BS
My take... Well not counting pipelines oil production off shore drilling cutting red tape for new refineries you know all the things that would work
His thought is to empty out the bank and since they can't drill baby, drill we will have to go "green". Don't know where the electricity will come from but we'll have to embrace it.
I hope Chevy is working on slightly warm nuclear fuel rod powered rides for 2024.
20 million barrels sounds like a lot to the uninformed media who never investigate anything or check any facts.
Each barrel that he removes and does NOT REPLACE does add up! We already have very low reserves(hisorically) and are edging closer and closer to a war. We will be caught with our pants down if a major war breaks out. Sounds like that is their plan IMO.
So dementia Joe is selling to us what we already own. Sounds like a normal dementia fueled (D) policy.