National Oil Reserve at 38 year Low

[TheReaper]

Biden is trying to win the election using smoke and mirrors to artificially lower gas prices, and is placing this nation in grave danger because of how he is doing it: He is depleting our oil reserve which exists for national emergency purposes.

The correct way to lower prices is to increase production and implement energy producer friendly policies. That's what Trump did and Trump made us an energy exporter, not importer, for the first time in decades. Trump's policies were perfect.

Biden's policies are disastrous, and his fake gas-price band-aid for the elections ae dangerous.

 

[TheReaper]

 

[JGalt]

Biden's auctioning off much of the Strategic Reserves didn't bring the price of gasoline down a single penny. It was the Biden Recession that caused the price to drop, as people couldn't afford to drive as much.

All the Biden administration did by draining the reserves was to make us weaker and more vulnerable. Just like they're making us weaker and more vulnerable by expending large quantities of weapons in the war in Ukraine.

Meanwhile, on the other side of the world...

 

[TheReaper]

Biden's auctioning off much of the Strategic Reserves didn't bring the price of gasoline down a single penny. It was the Biden Recession that caused the price to drop, as people couldn't afford to drive as much.

So you say lack of demand was the cause? Interesting

 

[JGalt]

So you say lack of demand was the cause? Interesting

They first tried to blame inflation and the high gasoline prices it on the "Putin price hike", which is total bullshit. The war in Ukraine is still raging on but the price of oil is dropping, so Russia had nothing to do with the rise in price.

 

[Lesh]

The correct way to lower prices is to increase production and implement energy producer friendly policies.

Not in the short term. You like paying more for gas?

They first tried to blame inflation and the high gasoline prices it on the "Putin price hike", which is total bullshit. The war in Ukraine is still raging on but the price of oil is dropping, so Russia had nothing to do with the rise in price.

This is part of the reason for the drop in gas prices

 

[TheReaper]

Not in the short term. You like paying more for gas?

You are wrong Mrs. Stalin. Simply announcing good policies causes a market reaction and shift which causes a change in prices. If you were watching real news about what Trump did for the energy industry you would know that.

You Marxists should stick with what you know, rousting people in the middle of the night and grooming children. You obviously know nothing about the markets.

 

[Lesh]

You are wrong Mrs. Stalin. Simply announcing good policies causes a market reaction and shift which causes a change in prices. If you were watching real news about what Trump did for the energy industry you would know that.

You Marxists should stick with what you know, rousting people in the middle of the night and grooming children. You obviously know nothing about the markets.

Horse shit. The market doesn’t make massive responses to “announcements “.

It responds to actions. Like a million barrels of oil per day being introduced to the market and a reduction in demand because of high prices

 

[TheReaper]

They first tried to blame inflation and the high gasoline prices it on the "Putin price hike", which is total bullshit. The war in Ukraine is still raging on but the price of oil is dropping, so Russia had nothing to do with the rise in price.

You are definitely right about that

 

[LordBrownTrout]

And now the installed one wants to buy it at 80 bucks a barrel. 1. Drain the strategic reserve. 2. Claim you caused gas prices to fall for the november election. 3. Laugh, after election when oil prices head to the moon.

 

[Burgermeister]

Biden literally has done everything wrong. He has been too consistent to say that these are just an incredibly incompetent sequence of exactly the worst things to do for America.

 

[LordBrownTrout]

Biden literally has done everything wrong. He has been too consistent to say that these are just an incredibly incompetent sequence of exactly the worst things to do for America.

One would think at least one thing would go right but no.

 

[Indeependent]

Biden is trying to win the election using smoke and mirrors to artificially lower gas prices, and is placing this nation in grave danger because of how he is doing it: He is depleting our oil reserve which exists for national emergency purposes.

The correct way to lower prices is to increase production and implement energy producer friendly policies. That's what Trump did and Trump made us an energy exporter, not importer, for the first time in decades. Trump's policies were perfect.

Biden's policies are disastrous, and his fake gas-price band-aid for the elections ae dangerous.

Democrats need poor people.

 

[TheReaper]

And now the installed one wants to buy it at 80 bucks a barrel. 1. Drain the strategic reserve. 2. Claim you caused gas prices to fall for the november election. 3. Laugh, after election when oil prices head to the moon.

Remember, the Green freaks WANT to destroy the auto and oil industries. They do not care if they hurt us along the way to their Utopian dream

 

[surada]

You are wrong Mrs. Stalin. Simply announcing good policies causes a market reaction and shift which causes a change in prices. If you were watching real news about what Trump did for the energy industry you would know that.

You Marxists should stick with what you know, rousting people in the middle of the night and grooming children. You obviously know nothing about the markets.

Trump knows nothing about the oil business.

 

[LordBrownTrout]

Remember, the Green freaks WANT to destroy the auto and oil industries. They do not care if they hurt us along the way to their Utopian dream

Glowarm and earth worship is their religion. Its false but its their only earthly salvation.

 

[LordBrownTrout]

Trump knows nothing about the oil business.

Biden is a govt hack who knows nothing about business. Under trump the nation wasn't experiencing strategic reserve depletion and 7 dollar a gallon oil. That happened under the current buffoon.

 

[JGalt]

Trump knows nothing about the oil business.

Neither did Hunter Biden, but that's beside the point. At least President Trump understood how to keep government off the backs of not only the oil and gas industry, but everything else as well. He cut more red tape and burdensome regulations than any other President in history. Can you imagine the level of prosperity this country would be going through right now, had he been in office these last two years?

I don't imagine that you can, so I'll repeat what you Democrat's poor political choices have caused you:

Gasoline that rose to twice the price it was during 2018, an inflation rate that rose as high as 9.1%, which was almost 5 times higher than it was in 2019, a recession, the average middle-class family coming up about $6,000 short of disposable income, hefty taxes coming for the lower and middle class, and retirement accounts losing $3 trillion dollars just over the last year. The price of oil jumping up to $130 per barrel, having to beg Saudi Arabia and Venezuela for oil while draining our own strategic reserves, sporadic shortages on the store shelves, supply line disruptions, a monumental trade imbalance with China, an exponentially- spiraling epidemic of violent crime and drugs, hundreds of migrants dying while crossing the border, more than enough fentanyl to kill everyone in the country, 4 million more illegals within only two two years, more COVID deaths than in 2020, a dishonorable withdrawal from Afghanistan that cost 13 American soldiers their lives, leaving billions of dollars worth of military equipment to the Taliban, a weakened, emasculated military, the IRS arming and training to be home invaders, using the DOJ and the FBI to harass political opponents by conducting covert raids on American citizens and confiscating personal property, Iran's nuclear program having enough nuclear material to build a bomb and conducting attacks on US citizens, a revitalized Russian oil industry, China becoming energy and militarily dominant, a war in Europe that has cost us billions of dollars and is draining our own supply of weapons, and a president who is trying to incite a civil war against half the country.

 

[Flash]

 

[LordBrownTrout]

If I were a superpower and enemy of the US, I'd be watching this carefully.