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Nature Boy 2.0

Oil reserves released by Biden expected to primarily go to China, India

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Nature Boy 2.0 Veteran

Nature Boy 2.0   8,370

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https://www.foxbusiness.com/politics/oil-reserves-released-biden-expected-china-india

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Crtcl Rice Theory Experienced

Crtcl Rice Theory   2,432

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4 hours ago, Nature Boy 2.0 said:

https://www.foxbusiness.com/politics/oil-reserves-released-biden-expected-china-india

Every president hits a gas price rise and tries to look useful by "releasing the mighty US strategic oil reserves " which is at best a blip that the market has priced in. 

 

The only difference with Trump on this topic is that Trump pulled the SOR trigger $20 lower.

 

Let's hope there is no talk of restrictions on oil exports which would have an impact on supply, negatively.

 

 

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LIBrty4all Experienced

LIBrty4all   3,749

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7 minutes ago, Crtcl Rice Theory said:

Every president hits a gas price rise and tries to look useful by "releasing the mighty US strategic oil reserves " which is at best a blip that the market has priced in. 

 

The only difference with Trump on this topic is that Trump pulled the SOR trigger $20 lower.

 

Let's hope there is no talk of restrictions on oil exports which would have an impact on supply, negatively.

 

 

That's NOT the only difference for those who are paying attention.  Trump didn't shut down key pipe lines.

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Crtcl Rice Theory Experienced

Crtcl Rice Theory   2,432

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12 hours ago, LIBrty4all said:

That's NOT the only difference for those who are paying attention.  Trump didn't shut down key pipe lines.

I pay attention.

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Nature Boy 2.0 Veteran

Nature Boy 2.0   8,370

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8 minutes ago, Crtcl Rice Theory said:

I pay attention.

So why would Biden shut down pipelines. The are more economical  and more environmentally  friendly than hauling petro on truck and ships

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TBoneTX Grand Master

TBoneTX   45,076

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4 hours ago, Nature Boy 2.0 said:

So why would Biden shut down pipelines. The are more economical  and more environmentally  friendly than hauling petro on truck and ships

But the moose, deer, and elk might not be able to get around or under them!  :bonk: 

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Nature Boy 2.0   8,370

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31 minutes ago, TBoneTX said:

But the moose, deer, and elk might not be able to get around or under them!  :bonk: 

you up early tonight. PS  you notice the peer pressure I get for your upvotes. Glad I dont care. Thats why I am the sole independent MOR here

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Dashinka Grand Master

Dashinka   24,420

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19 hours ago, Crtcl Rice Theory said:

Every president hits a gas price rise and tries to look useful by "releasing the mighty US strategic oil reserves " which is at best a blip that the market has priced in. 

 

The only difference with Trump on this topic is that Trump pulled the SOR trigger $20 lower.

 

Let's hope there is no talk of restrictions on oil exports which would have an impact on supply, negatively.

 

 

Considering the SOR was only created in the mid 70’s, I don’t think every President has used it to mess with gasoline prices.

 

In reality, there have been very few releases the last being a paltry 5.2 million barrels in 2017 due to a hurricane.  Overall, this is a bad plan by Biden (no real surprise there) when we will have to replenish it at a relatively high price.

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TBoneTX Grand Master

TBoneTX   45,076

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4 hours ago, Nature Boy 2.0 said:

you up early tonight. PS  you notice the peer pressure I get for your upvotes. Glad I dont care. Thats why I am the sole independent MOR here

Your intransigence is superseded only by your insouciance.

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06-11-2007 = NOA1 date (unknown to me).

07-20-2007 = Phoned Immigration Officer; got WAC#; where's NOA1?

09-25-2007 = Touch (first-ever).

09-28-2007 = NOA1, 23 days after their 45-day promise to send it (grrrr).

10-20 & 11-14-2007 = Phoned ImmOffs; "still pending."

12-11-2007 = 180 days; file is "between workstations, may be early Jan."; touches 12/11 & 12/12.

12-18-2007 = Call; file is with Division 9 ofcr. (bckgrnd check); e-prompt to shake it; touch.

12-19-2007 = NOA2 by e-mail & web, dated 12-18-07 (187 days; 201 per VJ); in mail 12/24/07.

01-09-2008 = File from USCIS to NVC, 1-4-08; NVC creates file, 1/15/08; to consulate 1/16/08.

01-23-2008 = Consulate gets file; outdated Packet 4 mailed to fiancee 1/27/08; rec'd 3/3/08.

04-29-2008 = Fiancee's 4-min. consular interview, 8:30 a.m.; much evidence brought but not allowed to be presented (consul: "More proof! Second interview! Bring your fiance!").

05-05-2008 = Infuriating $12 call to non-English-speaking consulate appointment-setter.

05-06-2008 = Better $12 call to English-speaker; "joint" interview date 6/30/08 (my selection).

06-30-2008 = Stokes Interrogations w/Ecuadorian (not USC); "wait 2 weeks; we'll mail her."

07-2008 = Daily calls to DOS: "currently processing"; 8/05 = Phoned consulate, got Section Chief; wrote him.

08-07-08 = E-mail from consulate, promising to issue visa "as soon as we get her passport" (on 8/12, per DHL).

08-27-08 = Phoned consulate (they "couldn't find" our file); visa DHL'd 8/28; in hand 9/1; through POE on 10/9 with NO hassles(!).

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Crtcl Rice Theory Experienced

Crtcl Rice Theory   2,432

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9 hours ago, Nature Boy 2.0 said:

So why would Biden shut down pipelines. The are more economical  and more environmentally  friendly than hauling petro on truck and ships

Approving the xl wouldn't help today's  prices 

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TBoneTX Grand Master

TBoneTX   45,076

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It would've saved 10,000 jobs.

06-04-2007 = TSC stamps postal return-receipt for I-129f.

06-11-2007 = NOA1 date (unknown to me).

07-20-2007 = Phoned Immigration Officer; got WAC#; where's NOA1?

09-25-2007 = Touch (first-ever).

09-28-2007 = NOA1, 23 days after their 45-day promise to send it (grrrr).

10-20 & 11-14-2007 = Phoned ImmOffs; "still pending."

12-11-2007 = 180 days; file is "between workstations, may be early Jan."; touches 12/11 & 12/12.

12-18-2007 = Call; file is with Division 9 ofcr. (bckgrnd check); e-prompt to shake it; touch.

12-19-2007 = NOA2 by e-mail & web, dated 12-18-07 (187 days; 201 per VJ); in mail 12/24/07.

01-09-2008 = File from USCIS to NVC, 1-4-08; NVC creates file, 1/15/08; to consulate 1/16/08.

01-23-2008 = Consulate gets file; outdated Packet 4 mailed to fiancee 1/27/08; rec'd 3/3/08.

04-29-2008 = Fiancee's 4-min. consular interview, 8:30 a.m.; much evidence brought but not allowed to be presented (consul: "More proof! Second interview! Bring your fiance!").

05-05-2008 = Infuriating $12 call to non-English-speaking consulate appointment-setter.

05-06-2008 = Better $12 call to English-speaker; "joint" interview date 6/30/08 (my selection).

06-30-2008 = Stokes Interrogations w/Ecuadorian (not USC); "wait 2 weeks; we'll mail her."

07-2008 = Daily calls to DOS: "currently processing"; 8/05 = Phoned consulate, got Section Chief; wrote him.

08-07-08 = E-mail from consulate, promising to issue visa "as soon as we get her passport" (on 8/12, per DHL).

08-27-08 = Phoned consulate (they "couldn't find" our file); visa DHL'd 8/28; in hand 9/1; through POE on 10/9 with NO hassles(!).

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Dashinka Grand Master

Dashinka   24,420

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16 hours ago, Crtcl Rice Theory said:

Approving the xl wouldn't help today's  prices 

You are right if we look at that act independently.  Now add it to all the reckless government spending, it becomes a factor.

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