Biden to replenish 2.7 million barrels of oil out of the 180 million he released from the Strategic Oil Reserves at over $79/barrel.

Really....

Lets do the math...

Lets say you bought 100 widgets for 30 bucks a piece which cost you $3000
Then you sold them for 95 bucks for a total of $9500, which means you made $6500 in profit.

Then you turned around and bought the same 100 widgets back for 75 bucks each, costing you $7500.

In the end you have the same amount of widgets but lost money in the process.
And then if the price increases you sell those rebought widgets at higher than $75 you made more money.

If your desire was to hold on to them forever you’d be right but that would make no sense
 
And then if the price increases you sell those rebought widgets at higher than $75 you made more money.

If your desire was to hold on to them forever you’d be right but that would make no sense
The Strategic Reserves isn’t a widget, Pea Brain.
 
And then if the price increases you sell those rebought widgets at higher than $75 you made more money.

If your desire was to hold on to them forever you’d be right but that would make no sense

well, yeah the whole point of the SPR is to hold it for an emergency
 
well, yeah the whole point of the SPR is to hold it for an emergency
The point is not to just hold it forever. It’s to have it available when needed.

It was needed and is being replaced at a lower price than it was sold at.

That’s a win win
 
The point is not to just hold it forever. It’s to have it available when needed.

It was needed and is being replaced at a lower price than it was sold at.

That’s a win win

It was not needed. Lowering the price of gas to help with getting votes in the mid-term election is not what it is for.
 
It was not needed. Lowering the price of gas to help with getting votes in the mid-term election is not what it is for.
Lowering the price of gas helped keep the economy moving.

And replacing that oil cheaper than we sold it is not an issue
 
The point is not to just hold it forever. It’s to have it available when needed.

It was needed and is being replaced at a lower price than it was sold at.

That’s a win win
No, it wasn’t needed. Bad energy policy isn’t on the list of emergencies, Moron.
 
well, yeah the whole point of the SPR is to hold it for an emergency

War.

It’s to have it available when needed.

War.

The 'S' in SPR stands for 'Strategic.' That means War. Say when SlowJoeBiden had the SPR buku low we got into a war of attrition with some communist foe with 5 times our numbers and next thing you know we can't keep fuel in the escort vessels of our carrier groups, $h!t goes south, dogs are on the menu and ya'll are struggling to learn Mandarin. My Mandarin is a tad rusty but it'll come back to me. Ni zhidao bu zhidao wode yisa?

The SPR is not for fool politicians, whose fool policies spiked the price of gas, to release so the price of gas will lower slightly and maybe the liberals won't get shellacked in the mid-term.

It's for mutha fu(kin War.

-

I could go on but I'm quite sure I've gone WAY past most of ya'lls short attention spans.
 
War.



War.

The 'S' in SPR stands for 'Strategic.' That means War. Say when SlowJoeBiden had the SPR buku low we got into a war of attrition with some communist foe with 5 times our numbers and next thing you know we can't keep fuel in the escort vessels of our carrier groups, $h!t goes south, dogs are on the menu and ya'll are struggling to learn Mandarin. My Mandarin is a tad rusty but it'll come back to me. Ni zhidao bu zhidao wode yisa?

The SPR is not for fool politicians, whose fool policies spiked the price of gas, to release so the price of gas will lower slightly and maybe the liberals won't get shellacked in the mid-term.

It's for mutha fu(kin War.

-

I could go on but I'm quite sure I've gone WAY past most of ya'lls short attention spans.
It saved me and you both money.

It kept the economy moving which means jobs

And it was replaced cheaper than it was sold.

Stop whining
 
Not only are you a nazi, you are a not very bright nazi.
Your whining and crying doesn’t change the facts and the numbers in my posts, Buttercup.

VERMIN! VERMIN! VERMIN!

I just love how your handlers instructed you to be triggered by that word.

:dance: :dance: :dance: :dance: :dance:
 
It saved me and you both money.

I don't care about a few bucks if our military preparedness suffers.

It kept the economy moving

Slightly, but then SlowJoeBiden beat that up outta the gate with his first day executive order stopping the pipe lines.

which means jobs

As many jobs we would have had should the pipe line and all the ancillary industry went forward?

And it was replaced cheaper than it was sold.

So The Mighty US of A Mother government should now be involved the buying and selling of oil? Wouldn't that be the definition of fascism? Mother government control of the means of production. Mussolini goes on about that in his Manifesto...


YA'LL find it, I'm not doing ALL yall's work.

Remember when Maxine Watters said we should nationalize oil?

Stop whining

You sure you want to go there with me? You still get another chance or two.
 
I don't care about a few bucks if our military preparedness suffers.



Slightly, but then SlowJoeBiden beat that up outta the gate with his first day executive order stopping the pipe lines.



As many jobs we would have had should the pipe line and all the ancillary industry went forward?



So The Mighty US of A Mother government should now be involved the buying and selling of oil? Wouldn't that be the definition of fascism? Mother government control of the means of production. Mussolini goes on about that in his Manifesto...


YA'LL find it, I'm not doing ALL yall's work.

Remember when Maxine Watters said we should nationalize oil?



You sure you want to go there with me? You still get another chance or two.
Our military preparedness did not suffer so your concerns are for naught
 
Citygator’s link says there was a $4 billion “profit”, and it is costing $14 billion to replace it.

$10 billion loss, Simp.
Sold for $17B repurchasing for $14B. $3B profit. You don’t understand math. You should sue your 4th grade teacher for failing you.
 
As you guys can see Nostradumbass is a fool. He started this thread as a slam… it’s a big win for Biden… and as a bonus we got to watch what illiteracy is doing to the nation. Dude can’t count.
 
Here are some other fun numbers from your link citygator

The $20 profit they claim is only on 9 million barrels, which accounts for only 5% of what Tater sold for votes.

Link us up to the profit/loss on the other 95% of what Tater sold for votes.
: crickets:
 
Sold for $17B repurchasing for $14B. $3B profit. You don’t understand math. You should sue your 4th grade teacher for failing you.

how much was the original purchasing price, you always leave out that detail.
 

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