Skip to comments.Strategic Petroleum Reserve WILL be tapped next week
Posted on 04/13/2012 5:02:20 AM PDT by WellyP
Stratigic Petroleum Reserve WILL be tapped next week!
Two cents a gallon reduction for two weeks.
Its all about sagging polls.
That will decrease gas prices in time for the election. And, it will leave us with no reserve in time of emergency. The idiot dem voters will fall for it.
Was this another executive order done in the darkness of the night by Obama?
100% correct! Right now they are figuring out how to move it on foreign ships!
Oil, Fort Knox gold... what’s the difference.
bound for China?
“payment for services rendered”
CUT THE FED TAX TAKE AT THE PUMP. People will buy more and the Fed will still get their money.
And, it will leave us with no reserve in time of emergency.
Yep....and just after some very recent and possibly significant quakes near the west coast. Obama continues to weaken this country beyond recognition.
Our price here in NE Indiana is currently thirty cents off the recent high.
The strategic reserve will be tapped at the very moment the Obama administration thinks gas prices would have gone down anyway.
They’ll want it to look like it was their decision that made gas cheaper, even though they will only be doing it once they think gas prices have peaked and would have come down on their own.
For the US, yes. It is well documented the declining petroleum consumption. But many in the US don't understand the global consumption is up and continues to drive the international oil price.
Since most of our oil is imported, we are very dependent on world pricing.
Gas is down $.05 in mid-Missouri from last week.
Bookmark for next week.
Yes, just in time to deplete it before the Iranians scuttle a tanker in Hormuz. Great thinking, Zero!
To be followed by dumping of some oil reserves by Britain and other allies. Then there's the deal with the Saudis to up production shortly before the election. 0bummer must remove the high gas price issue, even though he accepts no responsibility for it.
Could the Great Usurper actually loot Ft. Knox gold?
The price of oil will not go down.
Doesn’t anyone believe that OPEC has already factored this release into the supply allotment?
And when the price goes down, the Pubbies need to hammer the fact that bringing domestic oil into the market, regardless the source, pushes prices down!
Gingrich has to pin Oromney to the wall with this. Boot-on-the-neck and don’t let up.
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