Posted on 09/28/2022 9:27:04 AM PDT by SeekAndFind
Biden’s botched withdrawal from Afghanistan may have tanked his approval ratings, but record inflation and soaring gas prices kept them underwater.
As fuel prices reached historic highs, Biden stubbornly refused to do anything that would increase domestic supply, opting instead to buy fuel from overseas before eventually raiding the Strategic Petroleum Reserve. It was a foolish thing to do, and while gas prices have gone down, the impact of raiding the reserves is debatable. But one thing is for sure: Biden depleted the reserves, which are now at a 37-year low, to boost his poll numbers.
Now that Hurricane Ian is headed for Florida, the folly of Biden’s tactic is on full display.
That’s not to say he shouldn’t have seen this coming. Jeffrey Lord predicted this exact scenario back in July.
“The Biden administration, for political purposes with an eye on the November election, is using the SPR to lower the price of gas. And just where is the SPR getting its crude in the first place? That would be the Gulf of Mexico — which is exactly where so many hurricanes wind up in the United States,” Lord wrote at The American Spectator. “All of which means Biden is lowering U.S. reserves — and taking the chance that no hurricane will hit the gulf in this coming hurricane season that will halt the ability of the U.S. to refill the reserves it has used for the purely political purpose of lowering the price of gas at the pump.”
Hurricane Ian is currently in the southeastern Gulf of Mexico, heading to Florida.
Of course, the Biden administration is pretending the depleted SPR isn’t a concern at all.
(Excerpt) Read more at pjmedia.com ...
81 million alleged votes later....
It’s no accident. It’s by design.
It’s a feature, not a bug.
its intentional. it weakens the US in the face of another world war.
my prediction is that this starts post mid-terms so that the republicans are forced to cede power to the president, who will then do everything possible to lose to the commies, because democrats are essentially commies at this point and this would meet their world goals. Sounds nuts, but its hard to see the sequence of events over the last couple of years and before that with the government not doing anything about antifa and BLM, who are both communist organizations, and not see what is happening in the larger picture.
People generally do not understand the SPR.
It is about 500 million barrels now. But “It” should never be called that. All oil is not created equal. Some of it is diesel rich and some is not. This is the big problem with shale oil. It is not diesel zero, but it is not diesel rich like conventional or offshore oil.
An additional matter not understood is 500 million is not divided by, say, US oil imports (of about 7 million barrels/day) to get a day count of how long it would last if in emergency no imports. The issue is not total, it is rate. Max pumping rate out of the SPR is only 4.4 million bpd. So 500 million barrels lasts 113 days, but there will be places in the US during those 113 days that do not get food brought to their Walmart grocery store shelves.
This is not 113 days of normal life while whatever the problem is gets fixed. It’s not the price going higher. It is orders not getting filled, at any price.
Behold the overwhelming power of scarcity.
Oh please! This wretched old fool can't even find the toilet paper while he's sitting on the can. Anyone with two brain cells to rub together can see what's going on here. This will not end well. Got ammo?
Just to remind everyone, SOME of our Navy ships are nuclear powered and will not need refueling anytime soon.
However, MOST of our ships (and ALL of our aircraft) require petroleum for fuel. Carriers and subs are nice, but they’re even better when surrounded by destroyers and cruisers.
A bad hurricane hitting the off shore oil platforms near Texas or Louisiana might be significant. No off shore oil platforms off SW Florida. Hurricane Ian is not a part of that argument.
Pelosi’s Dims have a new legislative proposal they are working on. It would buy oil now (with federal tax dollars), but just for a special segment of the Strategic Petroleum Reserve, hold those reserves umtil the oil prie reaches a certain level, and then, at that time, sell them on the open market BUT spend that money only on “green energy” projects.
A bad hurricane hitting the off shore oil platforms near Texas or Louisiana might be significant. No off shore oil platforms off SW Florida. Hurricane Ian is not a part of that argument.
So, Sloe Joe and his criminal conspirators are selling OUR oil!
Where does the money go?
AND, 10% for the Big Guy?
Can anybody say “Teapot Dome?”
Um, the reserve is for military use, not domestic use.
He and his evil party don’t care and welcome it. The more pain the better.
‘Where does the money go?’
The money goes to the first 40 billion given to Ukraine, the second 40 billion given to Ukraine, plus the 12 billion given to Ukraine plus the proposed 500 million for Ukraine, with a pretty much guaranteed 20% of that siphoned of to Zelenski’s (and cronies) personal bank accounts in Switzerland.
Like Trump pointed out, why are we the suckers paying for it all, when the EU has only contributed 6 billion?
If the population starves to death, the military has no purpose. Who are they then defending if everyone died of starvation because food could not move to shelves on trucks?
I’m not making an argument, just stating a fact.
Note to Biden: “drill, baby, drill”
On October 2, 2008, at the vice-presidential debate between Sarah Palin and Joe Biden, “drill, baby, drill” reached a new prominence.
Joe Biden, referring to the energy crisis and McCain’s 20 votes against funding solar and wind energy, stated that McCain thinks “the only answer is drill, drill, drill. Drill we must, but it will take 10 years for one drop of oil to come out of any of the wells that are going to be drilled.”
Palin responded by saying, “The chant is ‘drill, baby, drill.’ And that’s what we hear all across this country in our rallies because people are so hungry for those domestic sources of energy to be tapped into
The body count may be biggest come this winter thanks to Biden.
Joe Biden, referring to the energy crisis and McCain’s 20 votes against funding solar and wind energy, stated that McCain thinks “the only answer is drill, drill, drill. Drill we must, but it will take 10 years for one drop of oil to come out of any of the wells that are going to be drilled.”
Palin responded by saying, “The chant is ‘drill, baby, drill.’ And that’s what we hear all across this country in our rallies because people are so hungry for those domestic sources of energy to be tapped into
++++++++++++++++++++++++++++++++++++++++++++++
That was 14 years ago, Creepy Jackass Joe. They’d be up and pumping now.
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