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White House Hints at Another Release from Strategic Oil Reserves
Breitbart ^ | 02/23/2022 | Charlie Spiering

Posted on 02/23/2022 7:35:44 AM PST by ChicagoConservative27

The White House hinted Tuesday that President Joe Biden is considering another release of oil from the Strategic Oil Reserves, as gas prices continue to rise.

White House Deputy National Security Advisor Daleep Singh said Biden would coordinate with major energy consumers to address higher energy prices, after the president announced a “first tranche” of sanctions against Russia after Vladimir Putin moved into Ukraine.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: breitbart; charliespiering; daleepsingh; oil; release; reserves; whitehouse
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Should have left the pipeline open stupid.
1 posted on 02/23/2022 7:35:44 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Thank you AOC.


2 posted on 02/23/2022 7:37:47 AM PST by bray (The Vax is fake and deadly)
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To: ChicagoConservative27

In the midst of him and his ilk banging on the war drums with Russia, Russia, Russia this fool is trying to figure out how to boost his numbers with some pitiful stunt to make it appears he actually cares about gas prices and heating oil for NE homes.


3 posted on 02/23/2022 7:37:49 AM PST by Gaffer
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To: ChicagoConservative27

I can hear the prices crashing already. Fookin’ idjits! Just think. A little over a year ago we had mean tweets and cheap gas. And didn’t have to ask the ‘sowdees’ for any help. Weird huh?


4 posted on 02/23/2022 7:37:57 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: ChicagoConservative27

the stratigic reserve is like a loan from the bank. more free money from our hard earned investment.


5 posted on 02/23/2022 7:38:12 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: ChicagoConservative27

War brewing and we’re drawing down on the strategic petroleum reserve? Sounds pretty stupid. But hey, stupid is occupying DC right now.


6 posted on 02/23/2022 7:38:44 AM PST by Antoninus (Republicans are all honorable men.)
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To: ChicagoConservative27

So what you are saying is that ‘release’ number one marginally worked, and we are now on number two? Will there be a release number three before the mid-terms?


7 posted on 02/23/2022 7:39:18 AM PST by pepsionice
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To: ChicagoConservative27

Shut down oil production. Use reserve instead. Inflation spirals out if control. He wants America dead...after all the dead are the most reliable Democrat voters.


8 posted on 02/23/2022 7:40:45 AM PST by AndyTheBear
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To: pepsionice
So what you are saying is that ‘release’ number one marginally worked, and we are now on number two? Will there be a release number three before the mid-terms?

replace the word "release" with "vaccine" and its the same stupidity.

9 posted on 02/23/2022 7:43:46 AM PST by frogjerk (I will not do business with fascists)
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To: ChicagoConservative27

That’ll save us three cents at the pump and diminish our reserves while a global crisis is looming. Attaboy, Joe!

The democrats shouldn’t be in charge of a lemonade stand for more than 100 years after this demonstration of absolute incompetence and ineptitude.

What a clown show from the House to the Senate to the White House.


10 posted on 02/23/2022 7:43:48 AM PST by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
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To: ChicagoConservative27

So we use up all our reserves so he can keep his low Poll numbers up a tiny bit.

Then China attacks Taiwan. What are we going to do then? Row across the Pacific?


11 posted on 02/23/2022 7:44:39 AM PST by Phoenix8
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To: ChicagoConservative27

My wife and I started eating our emergency supply food for the next few months to save money-—

Yeah, it’s that stupid. But then again this is being done on purpose. Treason!


12 posted on 02/23/2022 7:45:06 AM PST by mikelets456
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To: Antoninus

Everything this diaper wearing dodo has done is stupid.


13 posted on 02/23/2022 7:46:54 AM PST by DownInFlames (P)
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To: ChicagoConservative27

That’s stupid....Reduce the tax at the pump.


14 posted on 02/23/2022 7:47:04 AM PST by Sacajaweau ( )
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To: ChicagoConservative27

Won’t even make a dent in the spiraling prices at the pump. Little more than a year ago the US was a net oil exporter and gas prices were at least a dollar a gallon less. With this Ukraine crisis likely to raise oil prices further we could see $5 per gallon gas by the end of the year. Biden has destroyed the US energy sector in one year.

For all those RINO Trump haters who voted for dementia Joe, I would pose Reagan’s famous question…”Are you better off?”


15 posted on 02/23/2022 7:47:28 AM PST by The Great RJ
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To: ChicagoConservative27

16 posted on 02/23/2022 7:47:44 AM PST by Charles Martel (Progressives are the crab grass in the lawn of life.)
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To: ChicagoConservative27
That might help all day. What then? Looks like Buyden wants to destroy us.
17 posted on 02/23/2022 7:47:47 AM PST by mountainlion (Live well for those that did not make it back.)
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To: PeterPrinciple

President Trump filled the Reserves to the brim...when prices were low. The reserve is NOT a little pink piggy bank. It’s a war asset.


18 posted on 02/23/2022 7:49:34 AM PST by Sacajaweau ( )
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To: Sacajaweau

They don’t understand strategic or reserve. and they hate oil...


19 posted on 02/23/2022 7:53:55 AM PST by revetment
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To: ChicagoConservative27
White House Hints at Another Release from Strategic Oil Reserves.

When are reporters going to ask how many days supply does the planned release represent? They report this as if it will have some big impact.

The United States consumes an average of about 18 million barrels of petroleum per day. Biden will release 50 million barrels.

He plans to release a 2.8 day supply and even less of an impact he will do it over several months.

A charade.

20 posted on 02/23/2022 7:59:35 AM PST by gunsequalfreedom (ui)
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