[conservative98]

Now CNBC 2 minutes ago...

U.S. to release oil from reserves in coordination with other countries to lower gas prices
PUBLISHED TUE, NOV 23 2021 7:10 AM EST
UPDATED 2 MIN AGO

“This is a well timed move to try and lower oil prices,” said John Kilduff, partner at Again Capital. “This added supply should help to bridge the production shortfall ahead of winter, especially if we get confirmation of meaningful supply, as well, from several of the major Asian consuming nations,” he added.

https://www.cnbc.com/2021/11/23/biden-says-us-will-tap-strategic-petroleum-reserve-as-gas-prices-hover-around-7-hear-high.html

[DIRTYSECRET]

I’ll say it again. OFFER it to Cuba provided they get rid of the communists. Deliver as needed. It’ll last a long time and jump start their economy faster into the 1st world. We’ll need an economic TSAR. My choice would be Marco. ‘Executive’ OJT.

Throw in old cars sitting in our junkyards. . Ford Fiestas and Rangers especially. Lock the country into the US and to hell with countries that traded with them.

[pepsionice]

Once half the reserves are dumped, and the recession is still in full force (figure by late spring)...the value of this action is questionable. It’s just kicking the problem down the street and leaving Biden with another mess to clean up by fall of 2022.

[mware]

50 million barrels is a three day supply for the US.