Posted on 05/23/2022 8:59:59 AM PDT by ChicagoConservative27
The Biden administration is in talks to tap to into a federal diesel reserve to address energy shortfalls, an official with knowledge of the matter confirmed to The Hill Monday.
An interagency team of officials has been monitoring East Coast diesel supplies and developing policy recommendations to address them, the official said.
“The team has prepared emergency declarations for President authorize release from the Northeast Home Heating Oil Reserve if conditions deteriorate,” they added. “We would call this a bridge to deal with short term supply shortfalls.”
(Excerpt) Read more at thehill.com ...
This is like not making your household budget, so “solving” the problem by taking out a HELOC.
My question is: what is up with the refinery pinch? That is currently being blamed for the spiraling prices of gasoline, and likely with diesel as well. I’m not sure whether it’s true, or just the latest line of BS meant to distract from the environ-MENTAL policy that he actually promised on the campaign trail.
Ok. And this BS appeases the Whoopie watchers and makes them feel all warm and fuzzy about their boy Resident Pantsloaded
It’s a pretty dam short “ bridge”
Some say it’s partly due to Diesel exports.
People in the Northeast,where oil heat is widely used,will be forced to choose between eating and heating. But that's OK...they'll vote Rat anyway.
Think what morons like that would do to you and me if it meant they could keep their jobs?
Won’t even make a tiny dent.
The left doesn’t create anything. They use things up. Pretty soon, they run out of other people’s stuff.
Emptying the SPR and now diesel for purposes never intended does not lower prices in the long term, or even a couple months from now. Those reserves are no longer available for our military if needed. Those reserves need to be replenished at higher costs, with money we do not have, which in turns increases inflation because the Fed will just print more money.
Democrats and RINOs are economic and military mental midgets.
They have to blame someone other than themselves.
biden’s handlers started this on day one by killing off the Keystone pipeline. Then all the other dominos fell.
and given Biden’s push to stop drilling, transporting and refining oil exactly what is the plan to replace what you take?
I see dead people.
I see dead people caused by Biden’s policies.
I see dead people caused by Biden’s policies that are going to cause a recession.
I see dead people caused by Biden’s policies that are going to cause a recession that probably will evolve into a depression.
Aiming for $10 a gal.
Should really put the screws to honest working folks.
Draining our reserves as they ramp up WW III, seems like a plan to lose.
Everything but our own crude...
“My question is: what is up with the refinery pinch?”
I remember back in the Good Old Days of 2018 or so reading that even with surplus oil, we had to import gasoline because we did not have enough refinery capacity to satisfy the demand.
But I do not remember any shortages or high prices back in the Good Old Days.
These are the people who would cut the wire so the Check Engine light will stop lighting up.
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