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U.S. Won’t Buy Oil to Refill Strategic Petroleum Reserve
https://legalinsurrection.com/ ^ | April 3, 2024 | Mary Chastain

Posted on 04/03/2024 11:40:39 PM PDT by Jonty30

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To: Sacajaweau
Most of the oil Trump bought to fill it up was under $35/barrel.
It made sense to fill it up to maximum capacity. The MSM still tried to poo poo it, which was ridiculous
41 posted on 04/04/2024 7:12:18 AM PDT by woodbutcher1963
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To: BiteYourSelf

My friends think SDI. You know the Strategic Defense Initiative. Star Wars under Reagan. The democrats were dead set against it claiming it wouldn’t work. The idea was we wouldn’t have to use it.

Same with SPR. Initiated under Carter. In both cases the left is leaving us exposed.


42 posted on 04/04/2024 7:14:56 AM PDT by DIRTYSECRET
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To: Jonty30

fresh? the oil that’s been in the ground for thousands of years needs to be kept ‘fresh’ ?!!

think about that.


43 posted on 04/04/2024 7:15:05 AM PDT by sten (fighting tyranny never goes out of style)
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To: Jonty30

The deep state is running out of money. They sold off the SOR to get money to fund their activities. They don’t have the money to fill it back up. Now that the Ukraine, their secret piggy bank is being closed off by Putin the deep state is in a world of hurt.


44 posted on 04/04/2024 7:16:23 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: buwaya

“ That sort of thing seems very unlikely today.”

It was used in the aftermath of Katrina. No more huge earthquakes or hurricanes?


45 posted on 04/04/2024 7:24:30 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: 22for22

The Federal Reserve is not a Federal agency. It is not under the control of the Federal Government nor is it even subject to any U.S. Laws.


46 posted on 04/04/2024 7:43:10 AM PDT by UCANSEE2 (Lost my tagline on Flight MH370)
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To: faithhopecharity

Here’s a question for you or any reader:
Biden sold of a large portion of our SPR. Where did the MONEY for that GO ?

Anyone know HOW MUCH was received ? Anyone know HOW MUCH was deposited and where ?

Anyone see a report indicating a change in our National DEBT ?


47 posted on 04/04/2024 7:49:18 AM PDT by UCANSEE2 (Lost my tagline on Flight MH370)
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To: UCANSEE2

I have no answers to your questions, sorry, but when dealing with a corrupt government we can bet that there’s a whole lot of $$$ made by a few people when it sells off public assets

it worked the same with the sale of public assets by the Soviet Union


48 posted on 04/04/2024 9:07:44 AM PDT by faithhopecharity (“Politicians are not born. They're excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: VanShuyten

A gesture is what that amounts to.
The volume of the strategic reserve is tiny vs the world market, because thats what one is trying to do in a Katrina situation, temper the increase in global prices.

Spitting in the wind


49 posted on 04/04/2024 9:15:21 AM PDT by buwaya (Strategic imperatives )
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To: UCANSEE2

I don’t hear much about “Audit the FED” any more. What does that tell you?


50 posted on 04/04/2024 11:55:31 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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