Remember When Democrats Blocked Trump from Filling the Strategic Oil Reserve While Gas Was Cheap?

[Godboy]

The OP cared enough to lie about it.

If he lied, you sure did a shit job of proving it.

 

[candycorn]

If he lied, you sure did a shit job of proving it.

I used your blob's own quote to disprove the allegation in the OP. So in one sense you're right. Trump is shit.

 

[1srelluc]

The dems fail at even the most basic of economic norms.......Buy low, sell high.......They sure don't have a problem with it when it comes to insider trading though.

 

[Votto]

Remember When Democrats Blocked Trump from Filling the Strategic Oil Reserve While Gas Was Cheap?

Remember When Democrats Blocked Trump from Filling the Strategic Oil Reserve While Gas Was Cheap?

pjmedia.com

In March, Joe Biden ordered the release of millions of barrels from the Strategic Petroleum Reserve . . . It’s just too bad we didn’t load up the reserves when gas prices were much cheaper.

Oh, wait, Trump tried to do that. But Democrats stopped him.

“It was only two years earlier that Democrats blocked former President Trump from filling the reserve when oil was hovering around $24 per barrel,” reports Bloomberg. “Trump in March of 2020 was looking to stabilize the oil industry after Covid-19 hit in 2020 and crushed global petroleum demand. With oil at the time priced at about $24 a barrel, Republicans proposed spending $3 billion to fill up the reserve. But the idea became a political football in larger negotiations on trillions in coronavirus relief, with Senate Democratic Leader Chuck Schumer proclaiming that his party had blocked a ‘bailout for big oil.’”

This was an incredibly costly decision. According to Bloomberg, because of the Democrats’ grandstanding over “big oil” profits, the United States effectively lost billions in potential profits, not to mention that there was less supply

TheReaper says: The party that just can't shoot straight. Democrats do not have a clue when it comes to energy policy and they are hurting the lioves of millions of Americans with their green nonsense.

Democrats are only concerned with government spending when it comes to two issues

1. Securing the border

2. Your health care

Otherwise, they want to spend hundreds of trillions of dollars fighting the air.

 

[Muhammed]

Your last sentence calls green power "nonsense". Who`s the asshole here?

Burning fossil fuel for energy actually greens the Earth. Wind and solar do not. So why do you so fucking stupidly refer to wind and solar as "green energy"?

 

[OhPleaseJustQuit]

"So after 50 years of being virtually empty, I built up our oil reserves during my administration, and low energy prices, to 100% full," Trump said.

Was he lying or are you lying?

PolitiFact

PolitiFact is a fact-checking website that rates the accuracy of claims by elected officials and others on its Truth-O-Meter.

www.politifact.com

You're the expert on lying. You tell us.

 

[Manonthestreet]

$3 billion more to add to the deficit.

Take it out of the defense budget

 

[pknopp]

Take it out of the defense budget

I'd be perfectly fine with that.

 

[TheReaper]

Take it out of the defense budget

Stupid. The military is already a mere shadow of its former self. It cannot even carry out its own stated mission anymore.

Do people even realize that if all waste and corruption and redundancies were cut out of the budget the saving would be more than any democrat proposed tax hike?

 

[surada]

If he lied, you sure did a shit job of proving it.

Trump claimed that he had already refilled the strategic oil reserves.

 

[TheReaper]

Trump claimed that he had already refilled the strategic oil reserves.

More ignorant propaganda from Shithole Country Boy.

 

[TheReaper]

Burning fossil fuel for energy actually greens the Earth. Wind and solar do not. So why do you so fucking stupidly refer to wind and solar as "green energy"?

Provocative.

 

[pknopp]

Stupid. The military is already a mere shadow of its former self. It cannot even carry out its own stated mission anymore.

Do people even realize that if all waste and corruption and redundancies were cut out of the budget the saving would be more than any democrat proposed tax hike?

Of course there is no waste and corruption in the military budget, right?

 

[22lcidw]

Of course there is no waste and corruption in the military budget, right?

China has no issues expanding theirs. We have blown a lot of money with corruption in military projects and hardware. Dying nations as one of the problems pay more and more for their military expenditures and technologies to do so.

 

[Bootney Lee Farnsworth]

Your last sentence calls green power "nonsense". Who`s the asshole here?

In its current state, green power is not "nonsense." It's bullshit. There's a difference.

Nonsense is foolishness.

Bullshit is lies and fraud.

 

[Manonthestreet]

Stupid. The military is already a mere shadow of its former self. It cannot even carry out its own stated mission anymore.

Do people even realize that if all waste and corruption and redundancies were cut out of the budget the saving would be more than any democrat proposed tax hike?

If we go to war they can't move without oil.

 

[Whodatsaywhodat.]

Biden May Buy Oil Just Below $80; Democrats Stymied Trump at $24

www.bloomberg.com

The Biden administration is considering replenishing the Strategic Petroleum Reserve when oil dips below $80 a barrel, just two years after Democrats blocked former President Donald Trump from filling the reserve at a fraction of that price.

Biden in March ordered the release of a record 180 million barrels of oil from the reserve in an attempt to stem supply shortages and the rapid rise of gasoline prices in the US following Russia’s invasion of Ukraine. The administration now is looking to protect US oil-production growth and prevent crude prices from plummeting, according to people familiar with the matter.

Trump in March of 2020 was looking to stabilize the oil industry after Covid-19 hit in 2020 and crushed global petroleum demand. With oil at the time priced at about $24 a barrel, Republicans proposed spending $3 billion to fill up the reserve. But the idea became a political football in larger negotiations on trillions in coronavirus relief, with Senate Democratic Leader Chuck Schumer proclaiming that his party had blocked a “bailout for big oil.”

That decision effectively cost the US billions in potential profits and meant Biden had tens of millions of fewer barrels at his disposal with which to counter price surges.

It also will take more oil to fill the reserve than two years ago. In March 2020, the reserve had 634 million barrels stored out of a capacity of 727 million barrels. After a record drawdown last week, the reserve is down to 442 million barrels, its lowest level since 1984.

Benchmark US oil futures jumped by almost $3 a barrel after Bloomberg reported the White House plan to restock emergency reserves. The contract settled close to a one-week high at $87.31 on Tuesday, extending the year-to-date advance to 16%.

That's why I always ask the question, are you an American or are you a Democrat?

 

[struth]

Demafasict put cult before country…they saw this as a way to hurt Americans so took it

 

[TheReaper]

Demafasict put cult before country…they saw this as a way to hurt Americans so took it

They will stomp on anyone's neck in their lust for power

 

[OhPleaseJustQuit]

They will stomp on anyone's neck in their lust for power

50 days, baby!