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Biden DRAINS entire US Strategic Gasoline Reserve in order to lower prices for e

Biden Drains Entire Northeast Gasoline Reserve In Bid To Low...
charismatic flesh ticket booth rigpig
  05/21/24
Remember when cons were MAF at him for not doing this? I do
slap-happy house
  05/21/24
No, when? I remember cons being maf that he shut down al...
aquamarine potus kitchen
  05/21/24
no, I don't because this happened in your imagination.
charismatic flesh ticket booth rigpig
  05/21/24
no because this never happened you insane lying out of your ...
snowy crackhouse hairy legs
  05/21/24
When was this? Even Bush 43 got this right. It's a strateg...
crawly stag film
  05/21/24
nope
startling wonderful fat ankles
  05/21/24
Grow a beard. -- Date: May 21st, 2024 2:56 PM Author: &...
Glittery Twinkling Uncleanness
  05/24/24
He's going to lose
Yapping persian
  05/21/24
dumb move
magenta pistol sex offender
  05/21/24
if true no way that drop lasts long enough to make a differe...
Bipolar rigor
  05/21/24
Biden is trying to keep gas prices low through the 4th of Ju...
vermilion halford
  05/21/24
people driving around all day worrying about gas prices is o...
brilliant passionate coldplay fan center
  05/21/24
demand for gas is inelastic obviously and no one wants to ta...
snowy crackhouse hairy legs
  05/21/24
(shekel obsessed mystery meat jew)
Obsidian windowlicker national
  05/24/24
Americans use about 375 million gallons of gasoline per day....
Orange Galvanic Temple
  05/21/24
the problem was the massive draining before the midterms and...
vermilion halford
  05/21/24
is it really 375mm gallons/day? how the fuck is that possibl...
brilliant passionate coldplay fan center
  05/21/24
but climate change is real, goy
Razzle-dazzle dark heaven
  05/21/24
weird, that number represents a drop overall: Gasoline co...
rose thirsty point
  05/21/24
Didn't read the article, but as a dedicated non-retard I'm p...
insecure wagecucks business firm
  05/24/24
$20 a gallon is not expensive enough. Proles should not be ...
clear market
  05/21/24
(John Kerry)
Orange Galvanic Temple
  05/24/24
"i do *not* own a private jet airplane. my *family* doe...
vermilion halford
  05/24/24
The SPR still has about 350 million barrels. After Russi...
rough-skinned mentally impaired pit therapy
  05/24/24
The reserve is basically a big cave. No one knows what's do...
Glittery Twinkling Uncleanness
  05/24/24
I thought it was just a huge lake of oil in some underground...
Talented jade candlestick maker plaza
  05/24/24
Look, no one is saying that a giant underground lake of gaso...
Glittery Twinkling Uncleanness
  05/24/24
the gasoline reserve is not the same as the oil reserve t...
startling wonderful fat ankles
  05/24/24


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Date: May 21st, 2024 2:55 PM
Author: charismatic flesh ticket booth rigpig

Biden Drains Entire Northeast Gasoline Reserve In Bid To Lower Gas Prices As He Trails Trump By Double Digits

Tyler Durden's Photo

BY TYLER DURDEN

TUESDAY, MAY 21, 2024 - 01:45 PM

Back in March, when reading the mammoth, 1050-page bill that was meant to avert government shutdown, but was yet another pork filled free-for-all bonanza authorizing $1.7 trillion in in discretionary spending, we stumbled upon something that was truly shocking: after Biden singlehandedly drained half of the US strategic petroleum reserve to avoid obliteration for Democrats in the 2022 midterm elections, Congress has snuck in a provision that would sell off and shutter the Northeast Gasoline Supply Reserve, a move that while perhaps keeps gas prices lower for a day or two, would also leave the entire continental northeast defenseless to any true environmental catastrophe or shock. We were so shocked by the inclusion of this particular text, we wondered if it hadn't been put there solely for the benefit of America's enemies...

... because surely nobody in their right mind, not even the illegitimate senile occupant of the White House, would ever pursue such short-term gains at the expense of potentially disastrous long-term consequences to the entire nation.

We were wrong: earlier today, just two months after the bill was signed by Biden into law, the panicking administration announced that it would sell the nearly 1 million barrels of gasoline in the US managed stockpile in northeastern states, the Department of Energy said, effectively closing the reserve.

https://www.zerohedge.com/energy/biden-drains-entire-northeast-gasoline-reserve-bid-lower-gas-prices-he-trails-trump-double

What is the point of keeping oil in the ground doing nothing when desperate brown and black people are starving in order to have enough money to buy gas? Is this what you want, Trumpkin?

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680327)



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Date: May 21st, 2024 2:56 PM
Author: slap-happy house

Remember when cons were MAF at him for not doing this? I do

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680328)



Reply Favorite

Date: May 21st, 2024 3:01 PM
Author: aquamarine potus kitchen

No, when?

I remember cons being maf that he shut down all USA energy production in the midst of record high gas prices while simultaneously sending billions of dollars to TT's torturers

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680342)



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Date: May 21st, 2024 3:01 PM
Author: charismatic flesh ticket booth rigpig

no, I don't because this happened in your imagination.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680343)



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Date: May 21st, 2024 3:13 PM
Author: snowy crackhouse hairy legs

no because this never happened you insane lying out of your ass constantly mentally retarded jewish pedophile

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680388)



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Date: May 21st, 2024 3:15 PM
Author: crawly stag film

When was this? Even Bush 43 got this right. It's a strategic reserve, not to change gas prices. That being said, this appears to be more Congress's fault if the language in the bill is mandatory.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680395)



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Date: May 21st, 2024 4:27 PM
Author: startling wonderful fat ankles

nope

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680649)



Reply Favorite

Date: May 24th, 2024 2:48 PM
Author: Glittery Twinkling Uncleanness

Grow a beard.

--

Date: May 21st, 2024 2:56 PM

Author: ""''""'""'

Remember when cons were MAF at him for not doing this? I do

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688647)



Reply Favorite

Date: May 21st, 2024 2:56 PM
Author: Yapping persian

He's going to lose

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680330)



Reply Favorite

Date: May 21st, 2024 2:58 PM
Author: magenta pistol sex offender

dumb move

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680332)



Reply Favorite

Date: May 21st, 2024 2:58 PM
Author: Bipolar rigor

if true no way that drop lasts long enough to make a difference, gas is already pretty high again

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680333)



Reply Favorite

Date: May 21st, 2024 3:08 PM
Author: vermilion halford

Biden is trying to keep gas prices low through the 4th of July. For political reasons, obviously.

Here's what Biden has done to the reserve:

https://assets.zerohedge.com/s3fs-public/inline-images/SPR%20ursula%20and%20macron_0.jpg?itok=D2y9BDXa

Dems blocked Trump from stocking up on the reserve when prices were very low (due to Trump's pro-energy policies).

To get a bit more perspective of what Biden has been up to, read this article:

https://www.forbes.com/sites/rrapier/2024/05/13/the-biden-administration-is-not-refilling-the-strategic-petroleum-reserve/



(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680366)



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Date: May 21st, 2024 3:12 PM
Author: brilliant passionate coldplay fan center

people driving around all day worrying about gas prices is one of the most ridiculous parts of american culture

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680383)



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Date: May 21st, 2024 3:15 PM
Author: snowy crackhouse hairy legs

demand for gas is inelastic obviously and no one wants to take public transit or raise a family in a city. doesn't mean people still won't bitch about expensive gas because faggot libs shut done production

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680392)



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Date: May 24th, 2024 1:41 PM
Author: Obsidian windowlicker national

(shekel obsessed mystery meat jew)

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688535)



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Date: May 21st, 2024 3:14 PM
Author: Orange Galvanic Temple

Americans use about 375 million gallons of gasoline per day.

Biden releasing one million gallons is about 0.2% of daily consumption.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680390)



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Date: May 21st, 2024 3:15 PM
Author: vermilion halford

the problem was the massive draining before the midterms and the nearly non-existent re-filling.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680393)



Reply Favorite

Date: May 21st, 2024 4:23 PM
Author: brilliant passionate coldplay fan center

is it really 375mm gallons/day? how the fuck is that possible?

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680621)



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Date: May 21st, 2024 4:24 PM
Author: Razzle-dazzle dark heaven

but climate change is real, goy

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680624)



Reply Favorite

Date: May 21st, 2024 4:25 PM
Author: rose thirsty point

weird, that number represents a drop overall:

Gasoline consumption in the US, in terms of product supplied to gas stations, rose by 1.5% in 2023, to 376 million gallons per day. This was down by 3.9% from 2019 and back where it had first been 20 years ago, in 2003, with two big troughs in between.

https://wolfstreet.com/2024/03/07/gasoline-demand-has-a-long-term-structural-problem-plunging-per-capita-consumption/



(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680633)



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Date: May 24th, 2024 2:41 PM
Author: insecure wagecucks business firm

Didn't read the article, but as a dedicated non-retard I'm pretty sure these numbers are barrels, not gallons.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688613)



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Date: May 21st, 2024 4:32 PM
Author: clear market

$20 a gallon is not expensive enough. Proles should not be driving.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47680668)



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Date: May 24th, 2024 12:57 PM
Author: Orange Galvanic Temple

(John Kerry)

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688504)



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Date: May 24th, 2024 2:16 PM
Author: vermilion halford

"i do *not* own a private jet airplane. my *family* does."

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688562)



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Date: May 24th, 2024 1:32 PM
Author: rough-skinned mentally impaired pit therapy

The SPR still has about 350 million barrels.

After Russia invaded Ukraine, the Biden Administration made the largest withdrawal in SPR history in an effort to curb the oil price spikes that happened in the wake of the invasion. Between Biden’s inauguration in 2021 and mid-2023, 291 million barrels were sold from the SPR. That 46% reduction took SPR volumes to a level last seen in 1983.

Since hitting a low level of 347 million barrels in June 2023, the Biden Administration has returned about 14 million barrels of the 291 million removed (4.8%).

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688527)



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Date: May 24th, 2024 2:54 PM
Author: Glittery Twinkling Uncleanness

The reserve is basically a big cave. No one knows what's down there.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688664)



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Date: May 24th, 2024 3:01 PM
Author: Talented jade candlestick maker plaza

I thought it was just a huge lake of oil in some underground cave

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688684)



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Date: May 24th, 2024 3:17 PM
Author: Glittery Twinkling Uncleanness

Look, no one is saying that a giant underground lake of gasoline that mankind pumped into a cave will definitely cause a Godzilla type creature to come into being.

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47688748)



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Date: May 24th, 2024 4:38 PM
Author: startling wonderful fat ankles

the gasoline reserve is not the same as the oil reserve

the oil reserve is inside underlined salt caverns because salt doesn’t dissolve in petroleum for some reason

(http://www.autoadmit.com/thread.php?thread_id=5531087&forum_id=2#47689035)