Biden Sells Our Oil

[Harpy Eagle]

'All he does is authorize it to be sold.'....,,,bwaaaaaaaaaaaaaaaaaa did you hurt yourself when you fell off the hay truck?

so, you are another brain dead moron that thinks the president of the United States is running the auction when the oil is sold.

 

[candycorn]

I'll save you the time. 3 minutes in and it sounds like fear mongering. Sorry.

I could have told you that. Do you honestly believe any right winger would post something that was remotely impartial?

 

[beagle9]

This is all planned

Obama is behind all this hiding behind a demented old fool

Either that or Biden is hiding behind, as well as enjoying the fact that we are always thinking that it's all Obama behind Biden. Think about that one for a second.... Biden is an expert user, race baiter, plagiarist, blamer, and scammer. Trump can't hold a light to the guy's record on alledgedly doing such things.

The alledged "big-guy" is a huge national security threat.

 

[Hang on Sloopy]

Either that or Biden is hiding behind as well as enjoying the fact that we are always thinking that it's all Obama behind Biden. Think about that one for a second.... Biden is an expert user, race baiter, plagiarist, blamer, and scammer. Trump can't hold a light to the guy's record on alledgedly doing such things.

The alledged "big-guy" is a huge national security threat.

Oh God yeah. All the Obama people run the back room. Blinkin and those disasters are Obama

Rice, that Jew klown Chief Of Staff....omg

 

[beagle9]

so, you are another brain dead moron that thinks the president of the United States is running the auction when the oil is sold.

Maybe not, but if this nation is in an oil and economic crisis, then the government is supposed to have a say so in thing's that are of a national importance, and of a national security issue. Especially when it comes to our "STRATEGIC" reserves. Why do you think that it is called strategic ???

You in that video depiction above looks like a retarded person who was just told a serious truth, and your reaction to that truth is as depicted above. Either that or you are Kamala Harris. ROTFLMBO

 

[Harpy Eagle]

Maybe not, but if this nation is in an oil and economic crisis, then the government is supposed to have a say so in thing's that are of a national importance, and of a national security issue. Especially when it comes to our "STRATEGIC" reserves. Why do you think that it is called strategic ???

You in that video depiction above looks like a retarded person who was just told a serious truth, and your reaction to that truth is as depicted above. Either that or you are Kamala Harris. ROTFLMBO

I was and still am against selling the oil in the SPR to lower the price of oil...but that is what they did.

Oil is a global commodity, it is sold on a global marketplace. The oil from the SPR was sold via auction (as is required), once a company buys it there is literally no way to dictate where it is used, and it really does not matter because even if it stayed here it would have the same impact on prices than if it went somewhere else. Thus is the nature of oil.

I would add also that the nation is not in in an oil crisis. There are no shortages of oil/gasoline in the US

 

[bravoactual]

To China!!! From our Strategic Reserve!!!

Joe Biden reportedly exports 5 million oil barrels despite US gas prices​

Joe Biden reportedly exports 5 million oil barrels despite US gas prices ​

Why is this idiot not being impeached?

A large portion of the barrels that will be offered from the U.S. Strategic Petroleum Reserve will likely be exported to China and India, traders said.

Bloomberg - Are you a robot?

For The Conservtively Impaired.

All Oil, regardless of where it is produced and refined is sold on the open market, Mr. Biden has nothing to do with the sale of oil or the price of oil. In fact the price is oil has come down, it is the Oil Companies that are keeping price of gas so high.

 

[beagle9]

I was and still am against selling the oil in the SPR to lower the price of oil...but that is what they did.

Oil is a global commodity, it is sold on a global marketplace. The oil from the SPR was sold via auction (as is required), once a company buys it there is literally no way to dictate where it is used, and it really does not matter because even if it stayed here it would have the same impact on prices than if it went somewhere else. Thus is the nature of oil.

I would add also that the nation is not in in an oil crisis. There are no shortages of oil/gasoline in the US

Oh really !!!! No oil or gas crisis eh ? So Biden and others are just scamming the country like he's been alledgedly doing for over 50 years maybe ???

 

[Weatherman2020]

To China!!! From our Strategic Reserve!!!

Joe Biden reportedly exports 5 million oil barrels despite US gas prices​

Joe Biden reportedly exports 5 million oil barrels despite US gas prices ​

Why is this idiot not being impeached?

A large portion of the barrels that will be offered from the U.S. Strategic Petroleum Reserve will likely be exported to China and India, traders said.

Bloomberg - Are you a robot?

Not just China. To a Chinese company Hunter is tied to and profiting from.

 

[Weatherman2020]

For The Conservtively Impaired.

All Oil, regardless of where it is produced and refined is sold on the open market, Mr. Biden has nothing to do with the sale of oil or the price of oil. In fact the price is oil has come down, it is the Oil Companies that are keeping price of gas so high.

 

[Smokin' OP]

Of course, RWNJ's and their 'media" are freaking out.....................over horse shit.

November 24 2021
The United States has launched an auction for 32 million barrels of crude from four strategic petroleum reserves (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said.

The sale of SPR oil, which is mainly blended sour crude, is expected to depress the value of U.S. sour crude Mars and benefit buyers in Asia which processes mainly high-sulphur oil.

The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.

About 10 million barrels will be made available from Big Hill and Bryan Mound in Texas, about 7 million barrels from West Hackberry in Louisiana and another 5 million barrels from Bayou Choctaw in Louisiana, DOE said on its website.

Companies are required to submit bids on Dec. 6 and contracts will be awarded no later than Dec. 14.
"Spread across four months, this equivalent to a steady 270,000 b/d stream of medium sour grades, direct competition to Mars," JBC Energy analyst Viktor Katona said, adding that the quality of crude to be released will have API gravity of 31 to 33 degrees.

Heavy oil evaporates slowly and contains material that will be used to make heavy products like asphalt.

Light oil requires less processing and produces a greater percentage of gasoline and diesel than heavy oil.

The standard unit of measurement for oil weight is API Gravity. This scale was created by the American Petroleum Institute to measure the density of oil. Below are some visual examples of heavy oil and light oil.

The higher the API, the lighter the oil.
The lower the API, the heavier the oil.

What makes a particular crude sweet or sour is the amount of sulfur it contains. Sweet crude has very low levels of sulfur, well under 1%. Sour crude has as much as 1-2% of sulfur.

Midstream companies and refiners that transport, store, and process sour oil know they need extra treating capabilities to take out the sulfur and sweeten the product.

So, the oil exported is close to trash, as far as the US oil refiners are concerned. (API gravity of 31 to 33 ) degrees

That doesn't stop the RWNJ's from crying.

 

[Weatherman2020]

Of course, RWNJ's and their 'media" are freaking out.....................over horse shit.

November 24 2021
The United States has launched an auction for 32 million barrels of crude from four strategic petroleum reserves (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said.

The sale of SPR oil, which is mainly blended sour crude, is expected to depress the value of U.S. sour crude Mars and benefit buyers in Asia which processes mainly high-sulphur oil.

The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.

About 10 million barrels will be made available from Big Hill and Bryan Mound in Texas, about 7 million barrels from West Hackberry in Louisiana and another 5 million barrels from Bayou Choctaw in Louisiana, DOE said on its website.

Companies are required to submit bids on Dec. 6 and contracts will be awarded no later than Dec. 14.
"Spread across four months, this equivalent to a steady 270,000 b/d stream of medium sour grades, direct competition to Mars," JBC Energy analyst Viktor Katona said, adding that the quality of crude to be released will have API gravity of 31 to 33 degrees.

Heavy oil evaporates slowly and contains material that will be used to make heavy products like asphalt.

Light oil requires less processing and produces a greater percentage of gasoline and diesel than heavy oil.

The standard unit of measurement for oil weight is API Gravity. This scale was created by the American Petroleum Institute to measure the density of oil. Below are some visual examples of heavy oil and light oil.

The higher the API, the lighter the oil.
The lower the API, the heavier the oil.

What makes a particular crude sweet or sour is the amount of sulfur it contains. Sweet crude has very low levels of sulfur, well under 1%. Sour crude has as much as 1-2% of sulfur.

Midstream companies and refiners that transport, store, and process sour oil know they need extra treating capabilities to take out the sulfur and sweeten the product.

So, the oil exported is close to trash, as far as the US oil refiners are concerned. (API gravity of 31 to 33 ) degrees

That doesn't stop the RWNJ's from crying.

Perfect for diesel.
Joes a traitor.

 

[Weatherman2020]

Of course, RWNJ's and their 'media" are freaking out.....................over horse shit.

November 24 2021
The United States has launched an auction for 32 million barrels of crude from four strategic petroleum reserves (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said.

The sale of SPR oil, which is mainly blended sour crude, is expected to depress the value of U.S. sour crude Mars and benefit buyers in Asia which processes mainly high-sulphur oil.

The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.

About 10 million barrels will be made available from Big Hill and Bryan Mound in Texas, about 7 million barrels from West Hackberry in Louisiana and another 5 million barrels from Bayou Choctaw in Louisiana, DOE said on its website.

Companies are required to submit bids on Dec. 6 and contracts will be awarded no later than Dec. 14.
"Spread across four months, this equivalent to a steady 270,000 b/d stream of medium sour grades, direct competition to Mars," JBC Energy analyst Viktor Katona said, adding that the quality of crude to be released will have API gravity of 31 to 33 degrees.

Heavy oil evaporates slowly and contains material that will be used to make heavy products like asphalt.

Light oil requires less processing and produces a greater percentage of gasoline and diesel than heavy oil.

The standard unit of measurement for oil weight is API Gravity. This scale was created by the American Petroleum Institute to measure the density of oil. Below are some visual examples of heavy oil and light oil.

The higher the API, the lighter the oil.
The lower the API, the heavier the oil.

What makes a particular crude sweet or sour is the amount of sulfur it contains. Sweet crude has very low levels of sulfur, well under 1%. Sour crude has as much as 1-2% of sulfur.

Midstream companies and refiners that transport, store, and process sour oil know they need extra treating capabilities to take out the sulfur and sweeten the product.

So, the oil exported is close to trash, as far as the US oil refiners are concerned. (API gravity of 31 to 33 ) degrees

That doesn't stop the RWNJ's from crying.

Biden reportedly sold nearly 1M barrels of US oil RESERVES to Chinese oil company with ties to Hunter​

Biden reportedly sold nearly 1M barrels of US oil RESERVES to Chinese oil company with ties to Hunter

Americans want answers as Biden sells 5 million barrels of oil overseas with almost 1 million going to a Chinese oil company linked to Hunter.

www.bizpacreview.com

 

[Smokin' OP]

Perfect for diesel.
Joes a traitor.

You're FOS.

More cut out for asphalt.

In the past, diesel fuel contained higher quantities of sulfur. European emission standards and preferential taxation have forced oil refineries to dramatically reduce the level of sulfur in diesel fuels. In the European Union, the sulfur content has dramatically reduced during the last 20 years. Automotive diesel fuel is covered in the European Union by standard EN 590.
In the 1990s specifications allowed a content of 2000 ppm max of sulfur, reduced to a limit of 350 ppm by the beginning of the 21st century with the introduction of Euro 3 specifications. The limit was lowered with the introduction of Euro 4 by 2006 to 50 ppm (ULSD, Ultra Low Sulfur Diesel). The standard for diesel fuel in force in Europe as of 2009 is the Euro 5, with a maximum content of 10 ppm.

Sweet crude has very low levels of sulfur, well under 1%. Sour crude has as much as 1-2% of sulfur.

 

[Smokin' OP]

Biden reportedly sold nearly 1M barrels of US oil RESERVES to Chinese oil company with ties to Hunter​

Biden reportedly sold nearly 1M barrels of US oil RESERVES to Chinese oil company with ties to Hunter

Americans want answers as Biden sells 5 million barrels of oil overseas with almost 1 million going to a Chinese oil company linked to Hunter.

www.bizpacreview.com

Well, I'm not surprised.

They're larger than any American oil conglomerate.

Sinopec Limited's parent, Sinopec Group, is the world's largest oil refining, gas and petrochemical conglomerate, headquartered in Chaoyang District, Beijing.
Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals.
It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.

"Biden’s Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Sinopec, the trading arm of the China Petrochemical Corporation".

"In 2015, a private equity firm Hunter Biden cofounded bought a $1.7 billion stake in Sinopec Marketing".

So Trumptards, are getting their panties in a wad because Hunter's former private equity firm has stock in Sinopec the world's largest oil conglomerate, bid on that trash oil and won the bid?

WOW, RWNJ's never stop.

 

[surada]

Perfect for diesel.
Joes a traitor.

MORE like asphalt... Almost as poor quality as Syrian oil.

 

[Weatherman2020]

MORE like asphalt... Almost as poor quality as Syrian oil.

We’ll add ‘doesn’t know what diesel is’ to your long list of clueless things.

 

[Weatherman2020]

Well, I'm not surprised.

They're larger than any American oil conglomerate.

Sinopec Limited's parent, Sinopec Group, is the world's largest oil refining, gas and petrochemical conglomerate, headquartered in Chaoyang District, Beijing.
Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals.
It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.

"Biden’s Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Sinopec, the trading arm of the China Petrochemical Corporation".

"In 2015, a private equity firm Hunter Biden cofounded bought a $1.7 billion stake in Sinopec Marketing".

So Trumptards, are getting their panties in a wad because Hunter's former private equity firm has stock in Sinopec the world's largest oil conglomerate, bid on that trash oil and won the bid?

WOW, RWNJ's never stop.

Funny how the most interesting guy in the world keeps getting getting huge kickback deals all the time from the Biden regime.

 

[Harpy Eagle]

Oh really !!!! No oil or gas crisis eh ? So Biden and others are just scamming the country like he's been alledgedly doing for over 50 years maybe ???

Really, do you think we have a shortage of oil in this country?

 

[Weatherman2020]

Really, do you think we have a shortage of oil in this country?

Useless unless it’s in a refinery tank.