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RussfromNH

RussfromNH

Live Free or Die
Dec 12, 2018
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he will release 1 million barrels of oil each day for the next six months from the U.S. oil reserve
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
48,555
60,551
RussfromNH said:
he will release 1 million barrels of oil each day for the next six months from the U.S. oil reserve
Click to expand...
We use like 20 million a day.
This is a political stunt that amounts to a flea on an elephant's ass.

Total reserves are 500 million barrels. That's enough to fully cover American needs for 25 days.

He needs to make nice with the oil sector. Assure them he won't fuck them in the ass again. If they are going to invest in prospecting on these leases that Biden keeps bragging are now open after being frozen, then they need to know they can recover investments.

Nobody wants to invest millions of dollars in equipment and people and shipping, only to have the rug yanked out from under them as soon as the current crisis is over.

Time to grovel, Joe.
Pucker up.


View: https://youtu.be/Hn-enjcgV1o
 
RussfromNH

RussfromNH

Live Free or Die
Dec 12, 2018
3,380
5,624
So what about da gas issues in the rest of the world?

Is there any country not having gas issues right now?
 
FINGERS

FINGERS

Banned
Nov 14, 2019
17,004
19,820
Wow. Just seen a cut away of Bidens autocue in the wh press room.

Its cinema sized and 4 foot away but he still squints to get it in focus.

Just wear glasses you fucking idiot.
 
M

member 3289

Guest
Hauler said:
We use like 20 million a day.
This is a political stunt that amounts to a flea on an elephant's ass.
Click to expand...
I have to disagree given the scale of the release. Even a 5% increase (relative to consumption) in daily oil available to the US market is going to have an effect.

It's already having one, actually. WTI is below $100 and that can't be explained as the result of anything other than Biden's announcement.

Now, is oil finna go back down to $60/bbl like it was a year ago? No, of course not.

But it's definitely having and will continue to have an effect.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
48,555
60,551
conor mcgregor nut hugger said:
I have to disagree given the scale of the release. Even a 5% increase (relative to consumption) in daily oil available to the US market is going to have an effect.

It's already having one, actually. WTI is below $100 and that can't be explained as the result of anything other than Biden's announcement.

Now, is oil finna go back down to $60/bbl like it was a year ago? No, of course not.

But it's definitely having and will continue to have an effect.
Click to expand...
If Hoover Dam had a leak, this is like shoving a piece of gum in it and saying "Fixed it!"
 
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