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strategic oil reserves #7545768
04/01/22 10:33 AM
04/01/22 10:33 AM
Joined: Dec 2013
Posts: 591
central IA
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bodycount Offline OP
trapper
bodycount  Offline OP
trapper
B

Joined: Dec 2013
Posts: 591
central IA
Now he is going to empty our strategic oil reserves to make our country weaker yet. To think we have three more years of this destruction. Invoke the 25th now. We will probably have to wait for the mid-terms to get anything done.

Re: strategic oil reserves [Re: bodycount] #7545771
04/01/22 10:41 AM
04/01/22 10:41 AM
Joined: Aug 2010
Posts: 682
Southern Wisconsin
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Fishdog One Offline
trapper
Fishdog One  Offline
trapper
F

Joined: Aug 2010
Posts: 682
Southern Wisconsin
You want Harris instead, third in line is Pelosi, I hope Biden can survive till replaced by someone on the other side.


Born twice, die once
Re: strategic oil reserves [Re: bodycount] #7545797
04/01/22 11:17 AM
04/01/22 11:17 AM
Joined: Dec 2010
Posts: 34,918
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,918
Central, SD
Midterms!


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: strategic oil reserves [Re: bodycount] #7545798
04/01/22 11:19 AM
04/01/22 11:19 AM
Joined: Jul 2008
Posts: 2,915
Adirondacks, NY
Fisher Man Offline
trapper
Fisher Man  Offline
trapper

Joined: Jul 2008
Posts: 2,915
Adirondacks, NY
The man can't do anything right.I hope all that voted for him are happy.

Re: strategic oil reserves [Re: bodycount] #7545799
04/01/22 11:22 AM
04/01/22 11:22 AM
Joined: Feb 2015
Posts: 10,657
Iowa
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trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Posts: 10,657
Iowa
I think its a million barrels a day for the next six months. We'll see more of these gimmicks as we approach the midterm elections.

Re: strategic oil reserves [Re: bodycount] #7545807
04/01/22 11:27 AM
04/01/22 11:27 AM
Joined: Dec 2006
Posts: 2,213
central Missouri
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Bigfoot Offline
trapper
Bigfoot  Offline
trapper
B

Joined: Dec 2006
Posts: 2,213
central Missouri
I've always been curious about how the money flows to the government or not when they do this . Questions like who gets the oil how is the price set all kinds of things nobody talks about

Re: strategic oil reserves [Re: Bigfoot] #7545812
04/01/22 11:31 AM
04/01/22 11:31 AM
Joined: Sep 2012
Posts: 918
Perry, NY
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Dana I Offline
trapper
Dana I  Offline
trapper
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Joined: Sep 2012
Posts: 918
Perry, NY
Originally Posted by Bigfoot
I've always been curious about how the money flows to the government or not when they do this . Questions like who gets the oil how is the price set all kinds of things nobody talks about



Me too. Trump topped it off when they were practically giving oil away. If they sell it out at market prices the government stands to make a lot of money off it.

Re: strategic oil reserves [Re: bodycount] #7545819
04/01/22 11:44 AM
04/01/22 11:44 AM
Joined: Feb 2021
Posts: 2,365
Interior Alaska
O
Oh Snap Offline
trapper
Oh Snap  Offline
trapper
O

Joined: Feb 2021
Posts: 2,365
Interior Alaska
I sure am glad our president came on today and explained our state of affairs. I feel so much better with the open borders and his ratings at 39%. I think I’ll go out and buy a new electric pickup that I cannot afford!


I love the smell of burning spruce---I love the sound of a spring time goose---I love the feel of 40 below---from my trapline I will never go!
Re: strategic oil reserves [Re: bodycount] #7545820
04/01/22 11:50 AM
04/01/22 11:50 AM
Joined: Dec 2010
Posts: 34,918
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,918
Central, SD
I see Club Car makes a electric type mini truck mid $20,000 base range price and the accessories are very expensive to boot. I’ll take 2 please!

[Linked Image]

Last edited by Law Dog; 04/01/22 11:54 AM.

Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: strategic oil reserves [Re: bodycount] #7545821
04/01/22 11:54 AM
04/01/22 11:54 AM
Joined: Mar 2021
Posts: 611
Sergievsk, Russia
K
KOSOI Offline
trapper
KOSOI  Offline
trapper
K

Joined: Mar 2021
Posts: 611
Sergievsk, Russia
I do not understand your alarm? You said that you have very large oil reserves! Why don't you produce and sell it?

Re: strategic oil reserves [Re: bodycount] #7545824
04/01/22 11:57 AM
04/01/22 11:57 AM
Joined: Feb 2011
Posts: 1,024
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,024
alberta
Kosoi, it’s hard too explain/understand,,,,

But a Swedish teenager convinced the entire western world that producing our own energy was a bad idea

And here we are

Last edited by spjones; 04/01/22 11:59 AM.
Re: strategic oil reserves [Re: bodycount] #7545826
04/01/22 11:58 AM
04/01/22 11:58 AM
Joined: Feb 2021
Posts: 2,365
Interior Alaska
O
Oh Snap Offline
trapper
Oh Snap  Offline
trapper
O

Joined: Feb 2021
Posts: 2,365
Interior Alaska
I think after 3 more years of this prosperity we’ll be lucky to be able to charge the batteries on our electric bicycle that the state will provide in the envelop with our food ration stamps.

Raiding our strategic petroleum oil reserves is just the beginning of draining America of its wealth.


I love the smell of burning spruce---I love the sound of a spring time goose---I love the feel of 40 below---from my trapline I will never go!
Re: strategic oil reserves [Re: bodycount] #7545831
04/01/22 12:04 PM
04/01/22 12:04 PM
Joined: Feb 2021
Posts: 2,365
Interior Alaska
O
Oh Snap Offline
trapper
Oh Snap  Offline
trapper
O

Joined: Feb 2021
Posts: 2,365
Interior Alaska
KOSOI

Our country hasn’t been invaded by an invader with Guns and rockets
actual weapons. We have been invaded by words that are lies and deceit!


I love the smell of burning spruce---I love the sound of a spring time goose---I love the feel of 40 below---from my trapline I will never go!
Re: strategic oil reserves [Re: bodycount] #7545834
04/01/22 12:06 PM
04/01/22 12:06 PM
Joined: Sep 2012
Posts: 918
Perry, NY
D
Dana I Offline
trapper
Dana I  Offline
trapper
D

Joined: Sep 2012
Posts: 918
Perry, NY
Spjones, that sounds absurd, but then again a 9 year old managed to convince millions that they could save the world by banning plastic straws.

Re: strategic oil reserves [Re: Fishdog One] #7545835
04/01/22 12:09 PM
04/01/22 12:09 PM
Joined: Feb 2010
Posts: 19,719
pa
H
hippie Offline
trapper
hippie  Offline
trapper
H

Joined: Feb 2010
Posts: 19,719
pa
Originally Posted by Fishdog One
You want Harris instead, third in line is Pelosi, I hope Biden can survive till replaced by someone on the other side.


Just hope the Republicans take the house and senate to neuter them.

Re: strategic oil reserves [Re: KOSOI] #7545837
04/01/22 12:11 PM
04/01/22 12:11 PM
Joined: Feb 2010
Posts: 19,719
pa
H
hippie Offline
trapper
hippie  Offline
trapper
H

Joined: Feb 2010
Posts: 19,719
pa
Originally Posted by KOSOI
I do not understand your alarm? You said that you have very large oil reserves! Why don't you produce and sell it?


Nutcases are in charge at the moment. Simple as that.

Re: strategic oil reserves [Re: bodycount] #7545867
04/01/22 01:00 PM
04/01/22 01:00 PM
Joined: Mar 2012
Posts: 4,324
AK
F
FairbanksLS Offline
trapper
FairbanksLS  Offline
trapper
F

Joined: Mar 2012
Posts: 4,324
AK

What do we know about Jill Biden? It’s very likely she has a large influence on him. I don’t think Kamala could be any more destructive than Joe and doesn’t have the same influence in the Senate or have as much dirt on them.


formerly posting as white dog
Re: strategic oil reserves [Re: bodycount] #7545877
04/01/22 01:10 PM
04/01/22 01:10 PM
Joined: Jan 2018
Posts: 4,584
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
Posts: 4,584
MN
Kamala or Pelosi would be better, everyone hates them and the dems would openly bicker.

Republicans will probably run a Romney type loser anyways...

Re: strategic oil reserves [Re: Dana I] #7545898
04/01/22 01:33 PM
04/01/22 01:33 PM
Joined: Mar 2007
Posts: 35,175
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,175
McGrath, AK
Originally Posted by Dana I
Originally Posted by Bigfoot
I've always been curious about how the money flows to the government or not when they do this . Questions like who gets the oil how is the price set all kinds of things nobody talks about



Me too. Trump topped it off when they were practically giving oil away. If they sell it out at market prices the government stands to make a lot of money off it.



In a release from the SPR no money actually changes hands. If a refiner needs crude oil from the amount released they are obligated to replace at least that same amount at a certain point in the future.

The thing is........that will just guarantee that future demand stays high and that the current price won't decline much, if at all. You can see that the price of crude dropped yesterday just on the announcement.......no oil was actually released.

Over the long term the market does not believe Biden and will.........to a large extent ignore what he says.


Mean As Nails
Re: strategic oil reserves [Re: trapdog1] #7545907
04/01/22 01:43 PM
04/01/22 01:43 PM
Joined: Jan 2014
Posts: 21,074
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 21,074
North East Kansas
Originally Posted by trapdog1
I think its a million barrels a day for the next six months. We'll see more of these gimmicks as we approach the midterm elections.


I believe that totals 25% of the spr.


E
'Honey Badger Militia'
Sleep, the anti woke adote.
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