Reuters: "US Oil Reserves Sent Overseas (ChiComs!*) As Gasoline Prices Stay High"
More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.:
Full Article @
Full Article @
WH Press Secretary Dodges questions of oil from the US Strategic Reserve being sent overseas - perhaps to China -
Also on questions of the POTUS lying that he knew Nothing of his son Hunter's dealings -
WITH CHINA??
* " (ChiComs!) " did not appear in the Reuters article - It was inserted later in the blog when the OP responded to a request from a commenter to provide evidence of SPR oil having been sent to China & it was discovered that such shipments Had Been Reported.
To Fargo for promptng the clarification.
- Mick
Comments (61)
My bet is that this is pretty much an everyday contract deal, where product is traded into an area of supply deficit. Said amount of product (oil) to be returned to the USA, along with interest.
Someone needed some oil and has borrowed it from the USA and will pay an interest premium for doing so.
Everyday business... so what's the big deal?
My bet is that this is pretty much an everyday contract deal, where product is traded into an area of supply deficit. Said amount of product (oil) to be returned to the USA, along with interest.
Someone needed some oil and has borrowed it from the USA and will pay an interest premium for doing so.
Everyday business... so what's the big deal?
If you connect the dots... and keep up to date with world events, you can figure out exactly where this oil went... and why.
My bet is that this is pretty much an everyday contract deal, where product is traded into an area of supply deficit. Said amount of product (oil) to be returned to the USA, along with interest.
Someone needed some oil and has borrowed it from the USA and will pay an interest premium for doing so.
Everyday business... so what's the big deal?
The sale of 180 million barrels of oil is one of many that will reduce reserves to levels not recorded since 1984.:
Full Article @ -
If that's true gas will become affordable again.
I've read your link, which pretty well says what the reserve was structured for...
"The skyrocketing prices and disruptions from sanctions are exactly the situation the Strategic Petroleum Reserve was designed to combat, according to the Energy Department. The reserves were created after Arab-Israeli War caused an oil crisis in the 1970s".
Now you have a Russia - Ukraine war... exactly why the reserves were created. Connect the dots you dolt :(
I've read your link, which pretty well says what the reserve was structured for...
"The skyrocketing prices and disruptions from sanctions are exactly the situation the Strategic Petroleum Reserve was designed to combat, according to the Energy Department. The reserves were created after Arab-Israeli War caused an oil crisis in the 1970s".
Now you have a Russia - Ukraine war... exactly why the reserves were created. Connect the dots you dolt :(
If you connect the dots... and keep up to date with world events, you can figure out exactly where this oil went... and why.
Just Sayin'.
BY: TRISTAN JUSTICE
JULY 08, 2022
3 MIN READ
Complete Article @ :
If that's true gas will become affordable again.
Good sense of humour...
Just Sayin'.
2) which his Son has had dealings.
From what I understand oil prices would be $15 a barrel more had the Biden administration not sold off oil internationally.
Biting the hand that feeds you is never a good idea
From what I understand oil prices would be $15 a barrel more had the Biden administration not sold off oil internationally.
Biting the hand that feeds you is never a good idea
Like what I provided 'gazer when he questioned whether Beijing Joe was selling Oil from the US Strategic Petroleum Reserve to ChiCom Interests with which his Scandal-Plagued Son has had dealings?
Or are we Delineating Alternate History by reading Blu-Anon® Brand Owl Entrails?
Like what I provided 'gazer when he questioned whether Beijing Joe was selling Oil from the US Strategic Petroleum Reserve to ChiCom Interests with which his Scandal-Plagued Son has had dealings?
Or are we Delineating Alternate History by reading Blu-Anon® Brand Owl Entrails?
Like what I provided 'gazer when he questioned whether Beijing Joe was selling Oil from the US Strategic Petroleum Reserve to ChiCom Interests with which his Scandal-Plagued Son has had dealings?
Or are we Delineating Alternate History by reading Blu-Anon® Brand Owl Entrails?
When you start to talk sensibly we can have a discussion.
1) Depleting the US Strategic Petroleum Reserve to levels Not Seen in Nearly Forty Years is NOT EVEN CLOSE To an "Everyday Deal"
And
2) Ol' Joe's selling oil from the Reserve to ChiCom Interests with which his Scandal-Plagued Son has had dealings.
Oil emergency reserves released by IEA member countries
From what I understand oil prices would be $15 a barrel more had the Biden administration not sold off oil internationally.
Biting the hand that feeds you is never a good idea
/smh
From what I understand oil prices would be $15 a barrel more had the Biden administration not sold off oil internationally.
Biting the hand that feeds you is never a good idea
Like what I provided 'gazer when he questioned whether Beijing Joe was selling Oil from the US Strategic Petroleum Reserve to ChiCom Interests with which his Scandal-Plagued Son has had dealings?
Or are we Delineating Alternate History by reading Blu-Anon® Brand Owl Entrails?
When you start to talk sensibly we can have a discussion.
Oil emergency reserves released by IEA member countries
Which begs the question(s) -
How much of the Stabilizing is Required due to the Russo-Ukraine War?
Or to the US under Ol' Joe's Administration Intentionally Abandoning its position as a Major Energy Exporter to become an Energy Importer?
And Blaming the Need to tap petroleum reserves on the War?
I'm talking BIDEN here... Have you any I mean any idea what punch that man has????
Geeeez.
Which begs the question(s) -
How much of the Stabilizing is Required due to the Russo-Ukraine War?
Or to the US under Ol' Joe's Administration Intentionally Abandoning its position as a Major Energy Exporter to become an Energy Importer?
And Blaming the Need to tap petroleum reserves on the War?
Which begs the question(s) -
How much of the Stabilizing is Required due to the Russo-Ukraine War?
Or to the US under Ol' Joe's Administration Intentionally Abandoning its position as a Major Energy Exporter to become an Energy Importer?
And Blaming the Need to tap petroleum reserves on the War?
I'm not Ignoring y'all -
Just lettin' y'all discuss among y'all's Selves ...
When you start to talk sensibly we can have a discussion.
Ginger Cancer Daughter was a State Champ in Forensics & Debate and she practiced on me
The level of the art of "argument" 'round here is Crazy Low -
Like one-legged man in an àss kickin' contest Crazy Low.