Skip to comments.Bryan Mound (Strategic Petroleum Reserve)Pre-election Releases?
Posted on 05/05/2012 6:46:52 AM PDT by lqcincinnatus
Just got the scoop from my guy who works at Bryan Mound (Strategic Petroleum Reserve). As you may know, the largest reserve site in the U.S. is located a few miles from where I work in Freeport. It hold 200+ million barrels of oil. They got a visitor from Washington D.C. authorizing the release of 80-90 million barrels across all 4 sites in the U.S. It will be sold to Exxon Mobil for the purpose of flooding the market to bring down gas prices (temporarily). Just in time for the election. The president can do this without Congress. What an advantage he has over other candidates. That's democracy for you. America will be duped once again by Obama the Great in thinking he rescued them from $4 gas.
BO will do anything to get past the Nov. election. As he told the Russians, he’ll be much more “flexible” after his re-election, when all coal mines and gas and oil exploration will be outlawed in favor of “green” energy projects such as Solyndra.
So get the WORD out. Make Zer0 do it sooner rather than later.
makes sense but when is the dumping to occur?
My personal, tactical reserve is good through the 4th of July.
I posted on this 2+ weeks ago! I didn’t have the exact numbers but knew it was in the pipeline! “F” O’Dumbo!
And people wonder why we’re so cynical about our government.
Time for a complete makeover, with the Constitution setting the ground rules.
An uneducated electorate is our Republics’ Achilles Heel.
AT 18.5 M+ bbl/day usage in the US, pulling 90 M bbl isn't, excuse me, shit. This is a political ploy which places this country's military preparedness in a potentially dire global action in severe jeopardy.
The last time this happened, also in a Democrat administration, was to deliver 'heating oil' to Democrat voters in the New England states. The REAL purpose of this besides getting votes is to allow favored administration friends of Obama to cash in massively.
In Clinton's time, this was done by requiring the resale of this oil boon to be handled by minority oil brokers. The most egregious of these was a black guy that knew someone who knew someone in Clinton's administration - he ran his new company out of his NY apartment and skimmed a buttload off millions of dollars for oil he never even saw.
Have not heard it but on FR we get people that are in positions to report stuff they have contact about. For example, when the hurricane flooded New Orleans.
On the notion of 200 million barrels of oil flooding being sufficient to so flood the market as to decrease the price of gasoline, consider the U.S. uses about 20 million barrels a day.
Whose math is better than mine? How many day supply is 200 million barrels at 20 million barrels a day?
Project back from election day, allow time for the delivery and production of the reserve oil to find its way to the gas pump, factor in how many days ahead of that are optimal to impact voting and we have an approximate idea of when we should see some action if this is actually going to take place.
The maximum withdraw rate from the SPR is 4.4 MMBPD; that rate requires all 4 reserve sites flowing at maximum rate. The reserve currently holds 695.9 million barrels.
I just did the same math only to find you’d already made the point. This is no more than dangerous showboating that gives Obama something blather about and the hell of it is, some people will be dumb enough to give him credit for doing something, even though they’re paying the same price at the pump.
Democrat voters who don’t own cars, for example...along with the usual dead voters who seem to always vote Democrat on election day.
Sorry, typo in To: field caused me to ping the wrong FReeper.
Most sane and logical people would do the same. Only, no one, NO ONE ever claimed that an Obama voter has any sanity or logic in them whatsoever. Were that so, Obama and his SAB Michelle would be back in Chicago hawking their same old tired race-baiting discontent to even more worthless believers.
Ask a simple question on FR and you get all kinds of very smart, thinking answers. You gotta love this place!