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Biden DRAINS entire US Strategic Gasoline Reserve in order to lower prices for e
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Date: May 21st, 2024 2:55 PM Author: High-end Infuriating Tank Police Squad Biden Drains Entire Northeast Gasoline Reserve In Bid To Lower Gas Prices As He Trails Trump By Double Digits Tyler Durden's Photo BY TYLER DURDEN TUESDAY, MAY 21, 2024 - 01:45 PM Back in March, when reading the mammoth, 1050-page bill that was meant to avert government shutdown, but was yet another pork filled free-for-all bonanza authorizing $1.7 trillion in in discretionary spending, we stumbled upon something that was truly shocking: after Biden singlehandedly drained half of the US strategic petroleum reserve to avoid obliteration for Democrats in the 2022 midterm elections, Congress has snuck in a provision that would sell off and shutter the Northeast Gasoline Supply Reserve, a move that while perhaps keeps gas prices lower for a day or two, would also leave the entire continental northeast defenseless to any true environmental catastrophe or shock. We were so shocked by the inclusion of this particular text, we wondered if it hadn't been put there solely for the benefit of America's enemies...
... because surely nobody in their right mind, not even the illegitimate senile occupant of the White House, would ever pursue such short-term gains at the expense of potentially disastrous long-term consequences to the entire nation.
We were wrong: earlier today, just two months after the bill was signed by Biden into law, the panicking administration announced that it would sell the nearly 1 million barrels of gasoline in the US managed stockpile in northeastern states, the Department of Energy said, effectively closing the reserve.
What is the point of keeping oil in the ground doing nothing when desperate brown and black people are starving in order to have enough money to buy gas? Is this what you want, Trumpkin? |
Date: May 21st, 2024 2:56 PM Author: Pearly Greedy Space Haunted Graveyard Remember when cons were MAF at him for not doing this? I do (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680328) |
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Date: May 21st, 2024 3:01 PM Author: misanthropic macaca shrine No, when?
I remember cons being maf that he shut down all USA energy production in the midst of record high gas prices while simultaneously sending billions of dollars to TT's torturers |
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Date: May 21st, 2024 3:01 PM Author: High-end Infuriating Tank Police Squad no, I don't because this happened in your imagination. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680343) |
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Date: May 21st, 2024 3:13 PM Author: Hyperactive Yarmulke no because this never happened you insane lying out of your ass constantly mentally retarded jewish pedophile (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680388) |
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Date: May 21st, 2024 3:15 PM Author: Spectacular Know-it-all Chapel When was this? Even Bush 43 got this right. It's a strategic reserve, not to change gas prices. That being said, this appears to be more Congress's fault if the language in the bill is mandatory. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680395) |
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Date: May 21st, 2024 4:27 PM Author: pale parlour nope (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680649) |
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Date: May 24th, 2024 2:48 PM Author: exciting spot reading party Grow a beard.
-- Date: May 21st, 2024 2:56 PM Author: ""''""'""'
Remember when cons were MAF at him for not doing this? I do |
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Date: May 21st, 2024 2:56 PM Author: Clear Antidepressant Drug Tattoo He's going to lose (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680330) |
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Date: May 21st, 2024 2:58 PM Author: Glittery Home Gaming Laptop dumb move (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680332) |
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Date: May 21st, 2024 2:58 PM Author: Lascivious stead if true no way that drop lasts long enough to make a difference, gas is already pretty high again (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680333) |
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Date: May 21st, 2024 3:08 PM Author: Laughsome Hairy Legs Lodge Biden is trying to keep gas prices low through the 4th of July. For political reasons, obviously.
Here's what Biden has done to the reserve:
Dems blocked Trump from stocking up on the reserve when prices were very low (due to Trump's pro-energy policies).
To get a bit more perspective of what Biden has been up to, read this article:
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Date: May 21st, 2024 3:12 PM Author: bright rigor theater people driving around all day worrying about gas prices is one of the most ridiculous parts of american culture (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680383) |
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Date: May 21st, 2024 3:15 PM Author: Hyperactive Yarmulke demand for gas is inelastic obviously and no one wants to take public transit or raise a family in a city. doesn't mean people still won't bitch about expensive gas because faggot libs shut done production (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680392) |
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Date: May 24th, 2024 1:41 PM Author: stimulating university (shekel obsessed mystery meat jew) (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688535) |
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Date: May 21st, 2024 3:14 PM Author: beady-eyed gas station Americans use about 375 million gallons of gasoline per day.
Biden releasing one million gallons is about 0.2% of daily consumption. |
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Date: May 21st, 2024 3:15 PM Author: Laughsome Hairy Legs Lodge the problem was the massive draining before the midterms and the nearly non-existent re-filling. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680393) |
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Date: May 21st, 2024 4:23 PM Author: bright rigor theater is it really 375mm gallons/day? how the fuck is that possible? (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680621) |
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Date: May 21st, 2024 4:24 PM Author: Irate center but climate change is real, goy (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680624) |
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Date: May 21st, 2024 4:25 PM Author: big boistinker weird, that number represents a drop overall:
Gasoline consumption in the US, in terms of product supplied to gas stations, rose by 1.5% in 2023, to 376 million gallons per day. This was down by 3.9% from 2019 and back where it had first been 20 years ago, in 2003, with two big troughs in between.
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Date: May 24th, 2024 2:41 PM Author: Wine internal respiration Didn't read the article, but as a dedicated non-retard I'm pretty sure these numbers are barrels, not gallons. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688613) |
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Date: May 21st, 2024 4:32 PM Author: pearl supple stag film $20 a gallon is not expensive enough. Proles should not be driving. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680668) |
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Date: May 24th, 2024 12:57 PM Author: beady-eyed gas station (John Kerry) (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688504) |
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Date: May 24th, 2024 2:16 PM Author: Laughsome Hairy Legs Lodge "i do *not* own a private jet airplane. my *family* does." (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688562) |
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Date: May 24th, 2024 1:32 PM Author: Contagious haunting halford business firm The SPR still has about 350 million barrels.
After Russia invaded Ukraine, the Biden Administration made the largest withdrawal in SPR history in an effort to curb the oil price spikes that happened in the wake of the invasion. Between Biden’s inauguration in 2021 and mid-2023, 291 million barrels were sold from the SPR. That 46% reduction took SPR volumes to a level last seen in 1983.
Since hitting a low level of 347 million barrels in June 2023, the Biden Administration has returned about 14 million barrels of the 291 million removed (4.8%). |
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Date: May 24th, 2024 2:54 PM Author: exciting spot reading party The reserve is basically a big cave. No one knows what's down there. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688664) |
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Date: May 24th, 2024 3:01 PM Author: Electric step-uncle's house athletic conference I thought it was just a huge lake of oil in some underground cave (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688684) |
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Date: May 24th, 2024 3:17 PM Author: exciting spot reading party Look, no one is saying that a giant underground lake of gasoline that mankind pumped into a cave will definitely cause a Godzilla type creature to come into being. (http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688748) |
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Date: May 24th, 2024 4:38 PM Author: pale parlour the gasoline reserve is not the same as the oil reserve
the oil reserve is inside underlined salt caverns because salt doesn’t dissolve in petroleum for some reason |