Replenish with what? He’s cut us down to producing below what we need daily. There’s no surplus to refill it. At this point refilling the reserve would make gas go to 10 bucks a gallon. In order to save anything you need to produce more than you need to live on.
I have no problem using it if replenishing it isn’t going to be a problem. The President has put the US dependent on foreign oil. He said he was going after US Energy Companies and he did.
/——-/ Joe is a joke. An incompetent boob. Obama was right. “Don’t underestimate Joe’s ability to fuck things up.”He's putting our country in serious jeopardy doing this. This is a desperation move and pretty soon it will be an empty hole in the ground that could have had 714 million barrels of oil set aside for emergencies such as natural or war.
We have a combo of all the worst parts of Carter & Usurper Obama with Usurper Biden in the oval office illegally. The chart proves it.
Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC+ cuts
President Biden said he will release 10 million barrels from the Strategic Petroleum Reserve in November to counter the OPEC+ oil cuts.www.foxbusiness.com
www.foxbusiness.com
Solar panels, I guess. I hear they do a bang up job down in a salt mine.
I guess that’s the plan. Once we don’t produce oil, our importers stopped producing it and our reserves are empty. We will just suck Chinas dick for solar panels.
/——-/ Joe is a joke. An incompetent boob. Obama was right. “Don’t underestimate Joe’s ability to fuck things up.”
US oil industry mocks Biden after OPEC+ announces production cuts
The U.S. Oil & Gas Association on Wednesday suggested that President Biden is now forced to turn to the U.S. oil industry after tapping out strategic reserves and OPEC+ cut production.
www.forbes.com
capital.com
/———/ Here’s some fun facts.
“In the months leading up to the Covid-19 pandemic, U.S. oil production hit an all-time high of just below 13 million barrels per day (BPD). As the pandemic unfolded, demand collapsed, and production followed. By May 2020, oil production had dropped by more than 3 million BPD to 9.7 million BPD.
Since then, demand has recovered to pre-pandemic levels. Oil production, however, has only partially recovered. The most recent data available from the Energy Information Administration (EIA) shows current U.S. oil production at ~11.6 million BPD — still 1.4 million BPD short of pre-pandemic production. This shortfall is a major factor that led to the run-up of oil and gasoline prices over the past year.”
What Is Holding Back U.S. Oil Production?
Here's why U.S. oil production has been slow to recover following the pandemic-induced production crash.
Not all oil is suitable for gasoline production.
4 major types of crude oil
What are the 4 major types of crude oil? Let’s find out the key oil features and take a quick look at the 4 primary oil types traded on the market.
No it isnt
Don't we burn that in like 22 hours?He's putting our country in serious jeopardy doing this. This is a desperation move and pretty soon it will be an empty hole in the ground that could have had 714 million barrels of oil set aside for emergencies such as natural or war.
We have a combo of all the worst parts of Carter & Usurper Obama with Usurper Biden in the oval office illegally. The chart proves it.
Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC+ cuts
President Biden said he will release 10 million barrels from the Strategic Petroleum Reserve in November to counter the OPEC+ oil cuts.
You guys lie. Lie to win and then blame others when the system collapses. African Americans as a voting group better wise up.
Another idiotic comment about the Global Oil Market...
