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MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries

 
Coastie Patriot

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11/23/2021 08:16 AM

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MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
President Biden is authorizing the release of 50 million barrels of oil from the Strategic Petroleum Reserve

It's a bid to lower soaring prices Americans are paying at the pumps

India , South Korea and Japan , and China are also involved in the plan

OPEC+ nations in the Middle East have rebuffed his pleas to pump more oil

The average price of gasoline recently breached a seven-year high, and now costs $3.409 per gallon, according to AAA
OPEC+ officials warned in turn they would respond if the world's largest oil consumers tapped their reserves



The reason this is so scary is below:


Thread: BCP: Biden has been tapping our strategic gas reserves for the last few months and sending/selling it to ASIA!!!


Thread: WHAT !!!??? Chuck Schumer Calls on Biden to Release Oil Reserves – and Then Kill off US Oil Companies




sounds to me like it is happening !!!!

Last Edited by Coastie Patriot on 11/23/2021 08:38 AM
Coastie Patriot
SIC SEMPER TYRRANIS

THE SAME PEOPLE WHO SAID NO GUNS BECAUSE OF POLICE NOW WANT TO DEFUND THE POLICE!!!!

Dr Thaddeus They
They don't really care whether the truth gets out, because the public no longer knows what's meant by "the truth."

Well, I mean, no one can tell the difference anymore between what's real and what's fake.

Anyway, the point is, I can tell you all of this, right out in the open, because it doesn't matter who knows about it. They won't know whether to believe it or not.-
X Files: Lost art of Forehead Sweat

A gun is a tool, Marion, no better or no worse than any other tool, an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that.
-SHANE-

Jefferson Smith: You see, boys forget what their country means by just reading The Land of the Free in history books. Then they get to be men they forget even more. Liberty's too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say: I'm free to think and to speak. My ancestors couldn't, I can, and my children will. Boys ought to grow up remembering that . - MR Smith Goes To Washington-

to grow up remembering th

My oath to support and defend the constitution against all enemies foreign and domestic has no expiration date!!!

Ten Bears : It's sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. Outlaw Josey Wales
PatrikC325

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11/23/2021 08:17 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
The oil futures market are buying 300 calls!
Dudleymatt1

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11/23/2021 08:23 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
[link to www.npr.org (secure)]
Fredjackson
Coastie Patriot  (OP)

User ID: 6729350
United States
11/23/2021 08:27 AM

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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
he is selling us out and in to servitude to other count


'Today, the President is announcing that the Department of Energy will make available releases of 50 million barrels of oil from the Strategic Petroleum Reserve to lower prices for Americans and address the mismatch between demand exiting the pandemic and supply.' LIES if it is for Americans the other countries shouldnt be involved. OH YOU MEAN SALE IT AND MAKE YOURSELF RICH


Eighteen million barrels will be part of an accelerated release from previous sales and 32 million will be releases as an exchange to be 'replenished' at a later date, the White House said. Are we sure about this see what Chucky Schumer sais
Former President Donald Trump also weighed in on the move, claiming that Biden is waging an 'attack' on the oil reserve, insisting it should only be used for emergencies 'like war.'

'For decades our Country's very important Strategic Oil Reserves were low or virtually empty in that no President wanted to pay the price of filling them up. I filled them up three years ago, right to the top, when oil prices were very low,' Trump praised his administration in a statement Tuesday morning.

'Those reserves are meant to be used for serious emergencies, like war, and nothing else,' he wrote. 'Now I understand that Joe Biden will be announcing an 'attack' on the newly brimming Strategic Oil Reserves so that he could get the close to record-setting high oil prices artificially lowered.'


[link to www.dailymail.co.uk (secure)]


Dont be fooled this is by design to cripple us
Coastie Patriot
SIC SEMPER TYRRANIS

THE SAME PEOPLE WHO SAID NO GUNS BECAUSE OF POLICE NOW WANT TO DEFUND THE POLICE!!!!

Dr Thaddeus They
They don't really care whether the truth gets out, because the public no longer knows what's meant by "the truth."

Well, I mean, no one can tell the difference anymore between what's real and what's fake.

Anyway, the point is, I can tell you all of this, right out in the open, because it doesn't matter who knows about it. They won't know whether to believe it or not.-
X Files: Lost art of Forehead Sweat

A gun is a tool, Marion, no better or no worse than any other tool, an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that.
-SHANE-

Jefferson Smith: You see, boys forget what their country means by just reading The Land of the Free in history books. Then they get to be men they forget even more. Liberty's too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say: I'm free to think and to speak. My ancestors couldn't, I can, and my children will. Boys ought to grow up remembering that . - MR Smith Goes To Washington-

to grow up remembering th

My oath to support and defend the constitution against all enemies foreign and domestic has no expiration date!!!

Ten Bears : It's sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. Outlaw Josey Wales
Copperhead

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United States
11/23/2021 08:29 AM

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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
All theater.

50 million barrels is a drop in the proverbial bucket.
Coastie Patriot  (OP)

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11/23/2021 08:44 AM

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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
All theater.

50 million barrels is a drop in the proverbial bucket.
 Quoting: Copperhead


in scope of the world sure, but from our reserves?
Coastie Patriot
SIC SEMPER TYRRANIS

THE SAME PEOPLE WHO SAID NO GUNS BECAUSE OF POLICE NOW WANT TO DEFUND THE POLICE!!!!

Dr Thaddeus They
They don't really care whether the truth gets out, because the public no longer knows what's meant by "the truth."

Well, I mean, no one can tell the difference anymore between what's real and what's fake.

Anyway, the point is, I can tell you all of this, right out in the open, because it doesn't matter who knows about it. They won't know whether to believe it or not.-
X Files: Lost art of Forehead Sweat

A gun is a tool, Marion, no better or no worse than any other tool, an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that.
-SHANE-

Jefferson Smith: You see, boys forget what their country means by just reading The Land of the Free in history books. Then they get to be men they forget even more. Liberty's too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say: I'm free to think and to speak. My ancestors couldn't, I can, and my children will. Boys ought to grow up remembering that . - MR Smith Goes To Washington-

to grow up remembering th

My oath to support and defend the constitution against all enemies foreign and domestic has no expiration date!!!

Ten Bears : It's sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. Outlaw Josey Wales
Mr. Bisby

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11/23/2021 08:51 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
CHINA is in the plan???? But but but isn't China getting ready to invade Taiwan???

Am I missing something?
Indiana Jones

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11/23/2021 08:53 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
It’s bad enough that he is selling to foreign countries. However, the crime is where the money goes. Always follow the money!!
Light travels faster than sound. This is why some people appear bright until you hear them speak
Gelatinous Mass

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11/23/2021 08:57 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
At most, this will suppress prices for a few weeks.
7empest

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Brazil
11/23/2021 09:10 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
All theater.

50 million barrels is a drop in the proverbial bucket.
 Quoting: Copperhead


in scope of the world sure, but from our reserves?
 Quoting: Coastie Patriot


1%
“ 2 When the wicked, even mine enemies and my foes, came upon me to eat up my flesh, they stumbled and fell.

3 Though an host should encamp against me, my heart shall not fear: though war should rise against me, in this will I be confident. “ Ps 27
Pure l3Iood Unscannable

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11/23/2021 09:28 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
https://imgur.com/a/0lqfR8s
ranjmaz

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11/23/2021 09:31 AM
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Re: MAJOR BREAKING: Biden orders the release of 50 million barrels held in reserves to lower prices. Selling to oth Countries
US SPR Full Capacity is 714 M Barrels. Inventory is 621 M.

50 M is ~8%.

Daily Consumption is 20 M. We just got 2.5 days worth.

Yippee.





GLP