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US Could Start Buying Oil To Refill SPR As Early As June
Oil Price ^ | 05/12/2023 | Svetana Paraskova

Posted on 05/12/2023 8:29:51 AM PDT by SeekAndFind

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To: glorgau

“”Sell cheap, buy high with borrowed money.””

I assume that’s sarcasm but it sounds about right if it comes from anyone in this administration.


21 posted on 05/12/2023 10:11:53 AM PDT by Thank You Rush
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To: Son-Joshua

Obama is the Number 1 cause for pretty much all the bad crap that Biden is doing. Brandon picked up where Obama left off. Remember who it was that said they were bringing “Fundamental Change” to the US.


22 posted on 05/12/2023 10:13:41 AM PDT by jpp113
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To: SeekAndFind; Chode; SkyDancer; Salamander; Carriage Hill; Lockbox; MtnClimber; nascarnation; ...
3-DE207-C8-BBF1-40-E4-BA86-008-E6-C2-E426-C

"This is our current SPR Supply, 6" deep in the Huge Cavernous Salt Mine Storage Caverns.

Why you ask ? Well because our FRAUDULENT THIEVING PUTZ Posing as President of the United States SOLD THE REST OF THE SPR TO THE chicoms AND POCKETED THE MONEY !!!

Crude Oil Inventory by Site (as of March 8, 2023)

E53569-AB-4540-42-FC-9432-A05-A4-E10-F3-AC

Current authorized storage capacity - 714 million barrels


23 posted on 05/12/2023 10:24:00 AM PDT by mabarker1 ( (Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress!!!)
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To: mabarker1

Hells bells, we paid under $2/bbl to fill the SPR, and now we’re going to pay over $4/bbl to refill it?


24 posted on 05/12/2023 10:29:07 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: SeekAndFind

Where will Granholm put the Strategic Kilowatt Reserve for our future woke “military”?


25 posted on 05/12/2023 10:31:27 AM PDT by motor_racer ("We're gonna punish our enemies, and we're gonna reward our friends" - Barak Obama)
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To: Carriage Hill

Courtesy of DIP$}{!T !!!

I DESPISE THIS FRAUDULENT EXCUSE FOR AN ADMINISTRATION !!!


26 posted on 05/12/2023 10:33:33 AM PDT by mabarker1 ( (Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress!!!)
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To: Carriage Hill

And that money was paid to AMERICAN OIL PRODUCERS !!!


27 posted on 05/12/2023 10:34:55 AM PDT by mabarker1 ( (Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress!!!)
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To: jpp113

You are exactly right. We are blaming Joey while obama is pulling the strings.


28 posted on 05/12/2023 10:50:52 AM PDT by Son-Joshua ( )
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To: SeekAndFind
A reminder.... Trump asked DOE to refill the spr with up to 77 million barrels of crude...

The funding was eliminated from the $2 trillion stimulus package

Crude back then was about $33.58

US suspends plans to buy oil after funding is left out of $2 trillion stimulus package

29 posted on 05/12/2023 11:19:21 AM PDT by backpacker_c ( )
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To: SeekAndFind

Sell low, Buy high...the Biden way.


30 posted on 05/12/2023 2:13:06 PM PDT by LachlanMinnesota
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To: MMusson

Well, it is the “buy it high & sell it low” administration”. Where I went to high school they taught us better than this. Did Joe even go to school? Apparently, you have to show a similar intellect to serve in his administration.


31 posted on 05/12/2023 2:53:28 PM PDT by oldtech
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To: SeekAndFind

At these prices? Idiots


32 posted on 05/12/2023 3:01:11 PM PDT by Fledermaus (It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna!)
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