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popsdenver

(2,688 posts)
18. During Biden
Mon May 25, 2026, 09:34 PM
May 25

he sold off the reserves when he could get a high price, and then purchased it back when prices went down.

The Republicans are selling our low cost reserves off at high prices, and they will be buying at even higher prices to refill the reserves later......just watch............a big kiss to the oil corporations........

Recommendations

3 members have recommended this reply (displayed in chronological order):

But we're energy independent... LakeVermilion May 25 #1
We are and we do... but oil is fungible FBaggins May 25 #17
How many days away from DJ making a deal with Russia for oil does anyone think that we are? littlemissmartypants May 25 #2
"We have all the oil we need!" Someone once said not long ago... Grins May 25 #6
Plan??? What plan??? BarbD May 25 #8
Plan, nope, they had a concept. republianmushroom May 25 #12
Seems like the way I'm having to use credit cards for just "living" slightlv May 25 #3
During Biden popsdenver May 25 #18
The ultimate objective is ... eringer May 25 #4
How long until we get "We have no reserves left"? sakabatou May 25 #5
A very long time. The article exagerates reality somewhat FBaggins May 25 #19
The specific draw-down had already been announced in March BumRushDaShow Tuesday #24
As soon as he writes melm00se Tuesday #27
Yet, Trump is still selling America's oil and calling it 'revenue'? Norrrm May 25 #7
Global commodity. There's no such thing as American oil or Saudi oil. paleotn May 25 #10
Yeah! Once it hits the market. If it stayed in America............... Norrrm May 25 #11
I wish that's how this worked but it isn't. paleotn May 25 #13
Sounds reasonable. Norrrm May 25 #14
BINGO................. popsdenver May 25 #20
Most of the SPR is actually "sour" crude FBaggins May 25 #23
Around 80% of US production is lighter grades with relatively less sulfer content. paleotn Tuesday #28
Nevertheless... that isn't most of what is stored in the SPR FBaggins Tuesday #29
Understood, but this side discussion wasn't about the SPR directly. paleotn Tuesday #30
Considering the amount of supply that's offline due to "Donnie's big adventure" paleotn May 25 #9
Not to worry. Soon, we'll be Great !! chouchou May 25 #15
Kick dalton99a May 25 #16
When we draw it down it goes on the market to be sold at whatever the market is at Cheezoholic May 25 #21
But we have all that Venezuelan oil! Bayard May 25 #22
Any word from the Republicans Historic NY Tuesday #25
My guess is that the sh*t will truly hit the fan when there are no_hypocrisy Tuesday #26
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