U.S. planning to sell off entire emergency gasoline reserves!

And the two threads you referred to are 100% accurate.

Do Republicans spend more effort trying to ban books in schools or guns?
Did this woman run as a Democrat and then, less than 5 months after being elected, switch to Republican?

How are either of these threads twisting what actually happened?

 

Instead of criticizing me for saying that the policy is not bad how about you tell us why the policy is bad?

 

1m barrels won't change any price, and if paid attention to the news lately, Saudi Arabia and Russia have already been cutting production to keep prices higher.

 

I am not criticizing you. I'm simply pointing out how you again support all things Democrat. I applaud your loyalty. I have no loyalty to either of the 2 corrupt parties and will call out bad policy. The smaller the govt the better but alas. we've permitted these incompetent folks, like Biden for example, to suck at the public teat their entire adult life

 

True. Our SPR reserves are public information. Joe "dropped our soap".

 

Biden is not going to stop any nation from producing less oil, nor any other POTUS.

 

Did it "turn your stomach" when Trump proposed exactly the same thing in 2017?
From the Link:
In a 2017 budget request, then-President Donald Trump recommended getting rid of the stockpile

 

Or option number three. They saw it on Fox then went looking for a link.

 

"Leftist mentality"?
I never knew that Trump had a "Leftist mentality"...
From the Link:
In a 2017 budget request, then-President Donald Trump recommended getting rid of the stockpile

 

Trump wanted to do everything to try to win the election too. It's kind of a dirty trick, regardless of what side does it.

The difference is the Biden Administration is a lot closer to actually doing it than Trump was. Apparently Trump was either talked out of doing it, or the Republicans in charge during his first two years wouldn't let him. And I'm guessing the Democrats in charge of Congress during his last two years might not have let him either, did not want to let him take any credit.

Read this:

April 20, 2020 - Trump says aims to top up U.S. emergency oil stockpile
U.S. President Donald Trump reiterated on Monday during a press conference that his administration aims to top up the nation's emergency crude oil stockpile as prices plunge.​

Trump says aims to top up U.S. emergency oil stockpile | Reuters , reported by Jeff Mason, written by Richard Valdmanis

 

No, what's bad is pointing at a policy and saying it's bad when it's not.

 

The simple truth is that Biden has been MUCH better for the oil industry in the US then Trump ever was.

 

If it's so simple, where's the "simple evidence" of that?

I think you're just deluded, but will give you an opportunity to defend your assertion.

Biden's Burdensome Regulations are Shutting Down American Refineries (house.gov)

"On President Biden’s first day in office, he shut down the Keystone XL pipeline and eliminated 11,000 good paying American jobs.
Cancelling the Keystone XL pipeline was only the first of many attacks from this administration on American energy production. Since then, President Biden’s anti-American energy actions have included:
Suspending oil and gas leasing on federal lands
Delaying permits for energy infrastructure and pipelines
Draining our strategic petroleum reserves, compromising both our energy and national security
Begging foreign regimes like Saudi Arabia, Iran, and Venezuela for more oil "
​

The site has a video where Biden said in a speech early on in his administration: "No more drilling. There is no more drilling. I haven't formed any new drilling."

 

It's as simple as a Google search:
https://www.goldmansachs.com/intell...stment boom has,analysis of the energy sector.

https://www.forbes.com/sites/rrapie...-fared-under-president-biden/?sh=563927823890

As far as your take on things:
Keystone didn't affect a damn thing. 11,000 jobs is nonsense.
Suspending oil and gas leasing........sure, on land that wouldn't be developed anyway.
Delaying permits for energy infrastructure and pipelines.....so what. Delaying isn't stopping.
Draining our strategic petroleum reserves, compromising both our energy and national security. It did no such thing. A clueless statement on the situation.
Begging foreign regimes like Saudi Arabia, Iran, and Venezuela for more oil ...no, that was the previous guy.

 

No, this seems like a cheap trick to get people to click on the story, or thread. When I check it out, though, I see that it's a big snore: you speak about it, like he is drawing down all of our strategic oil reserve--

-- but which is not what this is. It is an only 1 million barrel supply of gasoline, created after hurricane Sandy, when gas stations had no fuel; the supply has since, been called unnecessary.

 

Called unnecessary by who? If it was seen as necessary then, why is it unnecessary now?

It almost seems like Democrats are looking for more reservoirs of oil or gasoline to sell off.

 

Except isn't that exactly what they did?

I posted the numbers and a link to a graph. Why do you seem to hold a different interpretation?

 

this thread did not age well, people saw right though it

 

Try reading the article, instead of trusting Kaz's take. You should know better:

<Snip>
The idea of selling the cache is not a new one, nor is it divided along partisan lines. In a 2017 budget request, then-President Donald Trump recommended getting rid of the stockpile, commenting that it “does not have the operational functionality that was envisioned post-Sandy”. Bloomberg also notes that the language recommending the sale is the same in bills proposed by both Republicans and Democrats.
<End>


The article also says this would occur through an act of Congress, not by President Biden's doing. And a million barrels of gas, on the world market, is a drop in the ocean. I see, in the thread, Pro_Line_FL says that the U.S. goes through that much, every 2 1/2 hours. The idea that this was our strategic oil reserves, was nothing but Kazenatsu's imagination.

 

Lets face it, this country has never had an America First policy when it comes to our energy. We have gladly sold it to the rest of the world and clapped ourselves on the back for it.

I'm of the opinion that not a drop of oil or natural gas that comes from America should ever leave America. Hell if anything I'd rather we buy energy from the world market and leave ours in the ground for a later time when the rest of the world foolishly sold all theirs.

 

And that somehow means it is OK to sell off some of it to try to lower the price of gasoline by a few pennies temporarily? Why it was created is history. How it is used, apparently is not.

 

Yes, you did. What you didn't do is show or prove or even suggest what the tipping point is. When is it too low? How do you know how it's supposed to be used?
All you did is say we had this much and now we have this much. So what.

 

Gas prices always go down before every election by using reserves. Whomever is the current President endorses in order to keep their base in power albeit Democrats and Republicans. Why is everyone surprised?

 

They will wait until the price drops so they can buy more than they released. That's what the revenues from that sale is for. You don't sell low and buy high, do you? Unless Trump is selling you an NFT maybe...

 

Umm.. no

It's literally there as a part of an international agreement. All countries who are members of the International Energy Agency agree to have a reserve for the purpose of preventing international trade drop-offs. That's not just a part of history, that's what the reserves are there for. Note that using the reserves allows for us to use more of our own gas domestically without a drop-off in international trades