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October 19, 2022

Biden: I'm Releasing 15 Million More Barrels of Oil from the Almost-Depleted Strategic Petroleum Reserve Just Before the Midterms... And It's Not Politically Motivated At all
A Ban on All American Petroleum Products?!!?

Just like his demand that the Saudis suspend their cut in oil production for one month only wasn't politically motivated.

He claims he's going to refill the SPR -- when? When does he contemplate his policies will ever result in a lower cost of oil, such that it would make it feasible to refill the reserve without bankrupting the country?

Also, filling up the Reserve will drive oil prices up, just as releasing oil from it drives them down. When does he believe that oil prices will be low enough that he can add to the price of them by having the US government enter the market and begin buying oil in bulk to put into the Reserve?

Never. He will never refill it. He will continue tapping it, for craven political reasons, until it is empty.

BIDEN: Releasing more oil from the Strategic Petroleum Reserve is "not politically motivated at all!" pic.twitter.com/7idfP5NCSM
— Townhall.com (@townhallcom) October 19, 2022

Reporter: "Is it politically motivated" to release the Strategic Petroleum reserve before the midterms?

Biden: "Not at all. It's motivated to make sure that I continue to push what I've been pushing on." pic.twitter.com/a09lOuJmaz
— Greg Price (@greg_price11) October 19, 2022

Look at what Biden has done to our Strategic Petroleum Reserve … and gas prices are still close to a $1.50 more per gallon than when he took office. pic.twitter.com/rx6XPK0rPy
— RNC Research (@RNCResearch) October 19, 2022

Note that Biden hopes to be able to refill the SPR when oil prices fall under $80, which they won't.

When Trump proposed topping off the SPR when oil was dirt-cheap at $24 per barrel -- $24 per barrel-- Democrats blocked him from doing so, claiming this was just a "bail-out" of the oil industry.

And now we have that much less in the Reserve.

Karine Jean-Pierre refuses to say exactly why the Biden administration is considering an additional massive release of oil from the Strategic Petroleum Reserve just weeks before an election. pic.twitter.com/5KOaYywao0
— RNC Research (@RNCResearch) October 18, 2022

Update: What?!

Karine Jean-Pierre just said that a BAN on American petroleum products is “on the table.”

These people cannot lose their jobs fast enough.
pic.twitter.com/5GZ49DyMTQ
— Ryan Fournier (@RyanAFournier) October 19, 2022

posted by Ace at 03:29 PM

| Access Comments


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Just like his demand that the Saudis suspend their cut in oil production for one month only wasn't politically motivated. He claims he's going to refill the SPR -- when? When does he contemplate his policies will ever result in a lower cost of oil, such that it would make it feasible to refill the reserve without bankrupting the country? Also, filling up the Reserve will drive oil prices up, just as releasing oil from it drives them down. When does he believe that oil prices will be low enough that he can add to the price of them by having the US government enter the market and begin buying oil in bulk to put into the Reserve? Never. He will never refill it. He will continue tapping it, for craven political reasons, until it is empty. BIDEN: Releasing more oil from the Strategic Petroleum Reserve is "not politically motivated at all!" pic.twitter.com/7idfP5NCSM — Townhall.com (@townhallcom) October 19, 2022 Reporter: "Is it politically motivated" to release the Strategic Petroleum reserve before the midterms? Biden: "Not at all. It's motivated to make sure that I continue to push what I've been pushing on." pic.twitter.com/a09lOuJmaz — Greg Price (@greg_price11) October 19, 2022 Look at what Biden has done to our Strategic Petroleum Reserve … and gas prices are still close to a $1.50 more per gallon than when he took office. pic.twitter.com/rx6XPK0rPy — RNC Research (@RNCResearch) October 19, 2022 Note that Biden hopes to be able to refill the SPR when oil prices fall under $80, which they won't. When Trump proposed topping off the SPR when oil was dirt-cheap at $24 per barrel -- $24 per barrel-- Democrats blocked him from doing so, claiming this was just a "bail-out" of the oil industry. And now we have that much less in the Reserve. Karine Jean-Pierre refuses to say exactly why the Biden administration is considering an additional massive release of oil from the Strategic Petroleum Reserve just weeks before an election. pic.twitter.com/5KOaYywao0 — RNC Research (@RNCResearch) October 18, 2022 Update: What?! Karine Jean-Pierre just said that a BAN on American petroleum products is “on the table.” These people cannot lose their jobs fast enough. pic.twitter.com/5GZ49DyMTQ — Ryan Fournier (@RyanAFournier) October 19, 2022 posted by Ace at 03:29 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Ben Had: "Pug, you will both be missed. I so enjoyed seei ..." four seasons: " Internet has been out all day, so probably this ..." Pug Mahon, Balding American: "It pains me and the missus that we won't be in Tex ..." 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Biden: I'm Releasing 15 Million More Barrels of Oil from the Almost-Depleted Strategic Petroleum Reserve Just Before the Midterms... And It's Not Politically Motivated At allA Ban on All American Petroleum Products?!!?

Biden: I'm Releasing 15 Million More Barrels of Oil from the Almost-Depleted Strategic Petroleum Reserve Just Before the Midterms... And It's Not Politically Motivated At all
A Ban on All American Petroleum Products?!!?