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JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.

 
Shamanic

User ID: 78228380
South Africa
07/26/2022 02:54 PM

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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Democrat administration just copies everything South African government does.

Between December 2015 and January 2016 South Africa’s strategic oil reserves were sold secretly to private companies. The reserves are South Africa's national insurance against catastrophes. The crucial reserves were sold at heavily discounted prices with the option of South Africa buying the oil back at an inflated rate.
The sales were hidden and the buyers chosen without public tenders.

It's the perfect shithole if that's what one transpires to be, with a totally corrupt regime in charge, rampant violent crime and corruption, collapsing grid, healthcare and everything spiralling out of control really.

Sound familiar?

What happens in SA is the blueprint for everybody else, it's obvious.
"I have no special talent, I am only passionately curious."
-Albert Einstein
TurtleKing

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United States
07/26/2022 03:01 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
The TREASONOUS SCUM in the white house are deliberately destabilizing the USA readying us for a foreign takeover..

The enemy is indeed inside the gates.

Marcus Tullius Cicero:

A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.

An enemy at the gates is less formidable, for he is known and carries his banner openly.

But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.

For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men.

He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.

A murderer is less to fear. The traitor is the plague

..
Speech of Joseph McCarthy, Wheeling, West Virginia, February 9, 1950

“Enemies from Within”
Quote

The reason why we find ourselves in a position of impotency is not because our only powerful potential enemy has sent men to invade our shores . . . but rather because of the traitorous actions of those who have been treated so well by this Nation. It has not been the less fortunate, or members of minority groups who have been traitorous to this Nation, but rather those who have had all the benefits that the wealthiest Nation on earth has had to offer . . . the finest homes, the finest college education and the finest jobs in government we can give.

This is glaringly true in the State Department. There the bright young men who are born with silver spoons in their mouths are the ones who have been most traitorous. . . .


. Sen. McCarthy WAS a true national hero who tried to warn us that the enemy was indeed within. McCarthy was totally vindicated by the release of the Venona Papers, which verified and identified the communists within our government, academia and media.
 Quoting: Loup Garou


Ain't nobody in the white house Sherlock.
You best start believing in conspiracy theories, you're living in one!
Evil Lincoln

User ID: 83594679
United States
07/26/2022 03:07 PM

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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
afro
Something is coming. Guard your heart and watch the wind..
Anonymous Coward
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United States
07/26/2022 03:09 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
People think it can't happen, but we are being prepped for a full Chinese invasion.
Anonymous Coward
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United States
07/26/2022 03:14 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
JIT for 2025 US POP reduction numbers wipeout. After China invades
Anonymous Coward
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United States
07/26/2022 03:17 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
FFS...

disgust2
Anonymous Coward
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United States
07/26/2022 03:31 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Can't fight a war without crude oil.

Oh wait..
Anonymous Coward
User ID: 38759180
United States
07/26/2022 03:34 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
[link to www.msn.com (secure)]

Biden Sells Off America’s Emergency Oil Reserves To Communist China
 Quoting: SpaceWarz


and they are buying russian oil !!!!! they dont need it 10% for the big guy!!!
Anonymous Coward
User ID: 79257980
United States
07/26/2022 03:34 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
It doesn't say who it was sold to.
 Quoting: Anonymous Coward 79257980


Yep, people are jumping the gun on this. I think it is being sold to US suppliers from my take on the article.

However, we should still be producing more of our own oil, asas we were previous to this administration, so we don't need to use our "strategic" reserves.
 Quoting: Squonk1960


Agreed. Although I guess if it's to the highest bidder it could go through a US based company and then go who knows where.
Anonymous Coward
User ID: 38759180
United States
07/26/2022 03:36 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
The TREASONOUS SCUM in the white house are deliberately destabilizing the USA readying us for a foreign takeover..

The enemy is indeed inside the gates.

Marcus Tullius Cicero:

A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.

An enemy at the gates is less formidable, for he is known and carries his banner openly.

But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.

For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men.

He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.

A murderer is less to fear. The traitor is the plague

..
Speech of Joseph McCarthy, Wheeling, West Virginia, February 9, 1950

“Enemies from Within”
Quote

The reason why we find ourselves in a position of impotency is not because our only powerful potential enemy has sent men to invade our shores . . . but rather because of the traitorous actions of those who have been treated so well by this Nation. It has not been the less fortunate, or members of minority groups who have been traitorous to this Nation, but rather those who have had all the benefits that the wealthiest Nation on earth has had to offer . . . the finest homes, the finest college education and the finest jobs in government we can give.

This is glaringly true in the State Department. There the bright young men who are born with silver spoons in their mouths are the ones who have been most traitorous. . . .


. Sen. McCarthy WAS a true national hero who tried to warn us that the enemy was indeed within. McCarthy was totally vindicated by the release of the Venona Papers, which verified and identified the communists within our government, academia and media.
 Quoting: Loup Garou


you know maybe mcccarthy knew about communists and na zee take over after world war 2 and paperclip and tried to stop.

never considered him a good guy before
Anonymous Coward
User ID: 38759180
United States
07/26/2022 03:36 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
The TREASONOUS SCUM in the white house are deliberately destabilizing the USA readying us for a foreign takeover..

The enemy is indeed inside the gates.

Marcus Tullius Cicero:

A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.

An enemy at the gates is less formidable, for he is known and carries his banner openly.

But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.

For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men.

He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.

A murderer is less to fear. The traitor is the plague

..
Speech of Joseph McCarthy, Wheeling, West Virginia, February 9, 1950

“Enemies from Within”
Quote

The reason why we find ourselves in a position of impotency is not because our only powerful potential enemy has sent men to invade our shores . . . but rather because of the traitorous actions of those who have been treated so well by this Nation. It has not been the less fortunate, or members of minority groups who have been traitorous to this Nation, but rather those who have had all the benefits that the wealthiest Nation on earth has had to offer . . . the finest homes, the finest college education and the finest jobs in government we can give.

This is glaringly true in the State Department. There the bright young men who are born with silver spoons in their mouths are the ones who have been most traitorous. . . .


. Sen. McCarthy WAS a true national hero who tried to warn us that the enemy was indeed within. McCarthy was totally vindicated by the release of the Venona Papers, which verified and identified the communists within our government, academia and media.
 Quoting: Loup Garou


you know maybe mcccarthy knew about communists and na zee take over after world war 2 and paperclip and tried to stop.

never considered him a good guy before
Anonymous Coward
User ID: 38759180
United States
07/26/2022 03:36 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
The TREASONOUS SCUM in the white house are deliberately destabilizing the USA readying us for a foreign takeover..

The enemy is indeed inside the gates.

Marcus Tullius Cicero:

A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.

An enemy at the gates is less formidable, for he is known and carries his banner openly.

But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.

For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men.

He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.

A murderer is less to fear. The traitor is the plague

..
Speech of Joseph McCarthy, Wheeling, West Virginia, February 9, 1950

“Enemies from Within”
Quote

The reason why we find ourselves in a position of impotency is not because our only powerful potential enemy has sent men to invade our shores . . . but rather because of the traitorous actions of those who have been treated so well by this Nation. It has not been the less fortunate, or members of minority groups who have been traitorous to this Nation, but rather those who have had all the benefits that the wealthiest Nation on earth has had to offer . . . the finest homes, the finest college education and the finest jobs in government we can give.

This is glaringly true in the State Department. There the bright young men who are born with silver spoons in their mouths are the ones who have been most traitorous. . . .


. Sen. McCarthy WAS a true national hero who tried to warn us that the enemy was indeed within. McCarthy was totally vindicated by the release of the Venona Papers, which verified and identified the communists within our government, academia and media.
 Quoting: Loup Garou


you know maybe mcccarthy knew about communists and na zee take over after world war 2 and paperclip and tried to stop.

never considered him a good guy before
Anonymous Coward
User ID: 79009440
Cambodia
07/26/2022 03:39 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
It doesn't say who it was sold to.
 Quoting: Anonymous Coward 79257980



It doesn't matter much, we need to replenish what we take out.

verysad
A Concerned Denizen

User ID: 79546140
United States
07/26/2022 03:41 PM

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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
This is a fire sale and money grab for a failing administration.

The removals from the SPR will insure that gasoline and diesel prices remain high for a longer time. It removes SUPPLY as DEMAND will remain steady in the future. This is an epic failing. Tapping the SPR should only be used in a national crises such as war or critical production shortfalls in the field. Tapping the SPR during times of good production and supply for cash sale is fine as long as production restocks the sold inventory.
Blab gobble doodle blurb! You disgusting Cretin!
~
Shit Puppet BrandAn is Nawt Mah Presdint -F J B
Death to Ayatollah Ali Khamenei - Death to Iran
Death to Kim Jong-un - Death to Democratic People's Republic of Best Korea
Death to Xi Jinping - Death to People's Republic of China
Anonymous Coward
User ID: 77944477
Canada
07/26/2022 04:16 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
lmao
AmericanssidewaysXiden
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User ID: 83913814
07/26/2022 04:38 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
The TREASONOUS SCUM in the white house are deliberately destabilizing the USA readying us for a foreign takeover..

The enemy is indeed inside the gates.

Marcus Tullius Cicero:

A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.

An enemy at the gates is less formidable, for he is known and carries his banner openly.

But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.

For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men.

He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.

A murderer is less to fear. The traitor is the plague

..
Speech of Joseph McCarthy, Wheeling, West Virginia, February 9, 1950

“Enemies from Within”
Quote

The reason why we find ourselves in a position of impotency is not because our only powerful potential enemy has sent men to invade our shores . . . but rather because of the traitorous actions of those who have been treated so well by this Nation. It has not been the less fortunate, or members of minority groups who have been traitorous to this Nation, but rather those who have had all the benefits that the wealthiest Nation on earth has had to offer . . . the finest homes, the finest college education and the finest jobs in government we can give.

This is glaringly true in the State Department. There the bright young men who are born with silver spoons in their mouths are the ones who have been most traitorous. . . .


. Sen. McCarthy WAS a true national hero who tried to warn us that the enemy was indeed within. McCarthy was totally vindicated by the release of the Venona Papers, which verified and identified the communists within our government, academia and media.
 Quoting: Loup Garou


you know maybe mcccarthy knew about communists and na zee take over after world war 2 and paperclip and tried to stop.

never considered him a good guy before
 Quoting: Anonymous Coward 38759180


Communists and na zees lol

McCarthy was after communists, not nationalists.

Yer still an idiot.
BRIEF

User ID: 79662918
United States
07/26/2022 05:48 PM

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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
[link to www.msn.com (secure)]

Biden Sells Off America’s Emergency Oil Reserves To Communist China
 Quoting: SpaceWarz


We should be energy independent and selling the excess...More energy is better than creating a false scarcity...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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United States
07/26/2022 05:49 PM

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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Because we are bankrupt.
 Quoting: Anonymous Coward 82480787


We have plenty of resources, quadrillions of dollars worth, but they are sitting on it...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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United States
07/26/2022 05:50 PM

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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
But Biden wants electric cars...right? LOL.
 Quoting: Anonymous Coward 34166608


Me too, but how do we make electricity without burning carbon fuels??
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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United States
07/26/2022 05:54 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
From the comments:

Anonymous Coward
User ID: 80144523
United States
07/26/2022 05:57 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
[link to www.msn.com (secure)]

Biden Sells Off America’s Emergency Oil Reserves To Communist China
 Quoting: SpaceWarz


We can see what is coming, not one drop to run OUR economy on in a military crisis, nor any ability to repel a ground invasion force.

Xiden is a TRAITOR!

hiding
 Quoting: Anonymous Coward 80010885


NO HE BIG BELIEVER IN PARIS cc TREATY DON WANT AMERICA USIN THOSE BAD FOSSIL FUELS
Anonymous Coward
User ID: 78967134
United States
07/26/2022 05:59 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Make the Gov buy more oil from Exxon, keep the reserve full.
Anonymous Coward
User ID: 83608992
United States
07/26/2022 06:00 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
they are emptying it
Anonymous Coward
User ID: 79983077
United States
07/26/2022 06:01 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
It doesn't say who it was sold to.
 Quoting: Anonymous Coward 79257980


It doesn't matter who it was sold to. It's our emergency supply. It should not be sold period!
HYpEr7l9Er

User ID: 75756457
Canada
07/26/2022 06:05 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
The highest ever inventory was in 2009 at 700 million barrels.

That works out to 82 days if imports into the USA stopped.

Currently there is enough oil to cover 70 days.

Basically 2 months of oil.

This is all theater to dupe the ignorant into thinking something significant is happening.
MlCHAEL
Anonymous Coward
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Canada
07/26/2022 06:06 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Yes. Full Chinese invasion. As per leaked audio. China is preparing to 8nvade
GoliadFlag

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07/26/2022 06:09 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
More moves towards great reset and beast system.

[link to oculumlabs.com (secure)]
Sic Semper Tyrannus!

"When injustice becomes law, resistance becomes duty." --Thomas Jefferson

“Hard pressed on my right. My center is yielding. Impossible to maneuver. Situation excellent. I am attacking.”
- General Ferdinand Foch
Philly Special

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United States
07/26/2022 06:09 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Something is not right about this, ya I get it they want lower gas prices for the mid terms but really sell more? how much do we have left?
 Quoting: Mithradates


Total capacity is something like 700 million barrels. We are down 100-200 million currently, so 20 million by itself isn't that big a deal.

The problem is that Biden is doing this to artificially keep gas prices stable(ish) because the Dems couldn't obfuscate their way around $8/gallon gas by the time of mid terms.

Problem is, we will have to buy all that back at some point, at a much higher price (ostensibly) after the elections, and the Dems will turn around and blame everyone and everything else for the prices climbing higher.
Philly Special

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United States
07/26/2022 06:11 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
It doesn't say who it was sold to.
 Quoting: Anonymous Coward 79257980


It doesn't matter who it was sold to. It's our emergency supply. It should not be sold period!
 Quoting: Anonymous Coward 79983077


I agree in theory, but in practice it is normal to sell some here and there. Makes sense if we sell when others need at a higher price, and buy back when the price is lower.
ScreamingEagle

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07/26/2022 06:15 PM
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Re: JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
It doesn't say who it was sold to.
 Quoting: Anonymous Coward 79257980


It doesn't matter who it was sold to. It's our emergency supply. It should not be sold period!
 Quoting: Anonymous Coward 79983077


I agree in theory, but in practice it is normal to sell some here and there. Makes sense if we sell when others need at a higher price, and buy back when the price is lower.
 Quoting: Philly Special


260 million barrels from march to september this year.

THATS OVER 1/3 OF THE ENTIRE RESERVE

THEY ARENT REPLACING ANY OF THE RESERVE TILL SEPTEMBER OF NEXT YEAR.

It was only supposed to be 180, million barrels, today they announced 260, theyre literally going to empty all of it out.

Last Edited by ScreamingEagle on 07/26/2022 06:18 PM





GLP