07 Jul 22
“
The president faces accusations of a sneaky sleight of hand as it was revealed that between a fifth and a sixth of the reserve oil he bragged about releasing to boost supply made its way offshore to Europe and Asia in June.”
“A third cargo headed to China, another source said.
But while the flow is draining the SPR, which last month fell to the lowest level since 1986, a significant percentage is flowing abroad.
https://www.dailymail.co.uk/news/article-10983315/Oil-U-S-reserves-head-overseas-gasoline-prices-stay-high.html
@mott-the-hoople saidClown world.
“
The president faces accusations of a sneaky sleight of hand as it was revealed that between a fifth and a sixth of the reserve oil he bragged about releasing to boost supply made its way offshore to Europe and Asia in June.”
“A third cargo headed to China, another source said.
[b]But while the flow is draining the SPR, which last month fell to the lowe ...[text shortened]... .dailymail.co.uk/news/article-10983315/Oil-U-S-reserves-head-overseas-gasoline-prices-stay-high.html
Biden is corrupt. It is obvious to anyone that pays attention and isn't in denial.
07 Jul 22
@metal-brain saidHey idiot Biden released the extra fuel to bring down the global price of oil.
Clown world.
Biden is corrupt. It is obvious to anyone that pays attention and isn't in denial.
It’s been explained to you that it doesn’t matter how much oil you produce yourself the price you pay for it is governed by the international pricing system so it doesn’t matter where the oil goes it will reduce the price per barrel due to the supply and demand equation.
Remember when you thought the UK was giving its oil to the US 🙄
07 Jul 22
@kevcvs57 saidWhat is your source of information?
Hey idiot Biden released the extra fuel to bring down the global price of oil.
It’s been explained to you that it doesn’t matter how much oil you produce yourself the price you pay for it is governed by the international pricing system so it doesn’t matter where the oil goes it will reduce the price per barrel due to the supply and demand equation.
Remember when you thought the UK was giving its oil to the US 🙄
@metal-brain saidOMFngG
What is your source of information?
Concerning what? Supply and Demand as the main driver for the price of a commodity or the fact that oil is priced independent of the White House?
The first one is just too obvious and common knowledge and for the second just watch the Wall Street price indices and you’ll see the price of oil per barrel being announced ‘Brent oil’ is a good one to watch but it’s almost surreal explaining everyday facts to a Qanon junkie slap head.
07 Jul 22
@kevcvs57 saidNo source again?
OMFngG
Concerning what? Supply and Demand as the main driver for the price of a commodity or the fact that oil is priced independent of the White House?
The first one is just too obvious and common knowledge and for the second just watch the Wall Street price indices and you’ll see the price of oil per barrel being announced ‘Brent oil’ is a good one to watch but it’s almost surreal explaining everyday facts to a Qanon junkie slap head.
STOP LYING AND BEING STUPID!
Russia is selling more oil. Biden is trying to keep oil off the world market. Now he has done it to Iran oil producers. You are a chump.
https://www.zerohedge.com/commodities/us-imposes-sanctions-iran-oil-producers-after-failure-revive-nuclear-deal
07 Jul 22
@metal-brain saidMaybe RHP needs to hire someone from Snopes to delve into some of these opinions ??
No source again?
STOP LYING AND BEING STUPID!
Russia is selling more oil. Biden is trying to keep oil off the world market. Now he has done it to Iran oil producers. You are a chump.
https://www.zerohedge.com/commodities/us-imposes-sanctions-iran-oil-producers-after-failure-revive-nuclear-deal
07 Jul 22
@averagejoe1 saidThe oil price is dropping mainly because of recession fears. That means speculators are largely driving prices.
Maybe RHP needs to hire someone from Snopes to delve into some of these opinions ??
https://www.timesnownews.com/exclusive/why-did-oil-prices-fall-sharply-and-how-near-is-a-possible-recession-article-92697790
@kevcvs57 saidI remember when the US was producing its own oil…global market had no effect on our price.
Hey idiot Biden released the extra fuel to bring down the global price of oil.
It’s been explained to you that it doesn’t matter how much oil you produce yourself the price you pay for it is governed by the international pricing system so it doesn’t matter where the oil goes it will reduce the price per barrel due to the supply and demand equation.
Remember when you thought the UK was giving its oil to the US 🙄
@kevcvs57 said“It’s been explained to you that it doesn’t matter how much oil you produce yourself the price you pay for it is governed by the international pricing system so it doesn’t matter where the oil goes it will reduce the price per barrel due to the supply and demand equation.”
Hey idiot Biden released the extra fuel to bring down the global price of oil.
It’s been explained to you that it doesn’t matter how much oil you produce yourself the price you pay for it is governed by the international pricing system so it doesn’t matter where the oil goes it will reduce the price per barrel due to the supply and demand equation.
Remember when you thought the UK was giving its oil to the US 🙄
What a fool you are…2yrs ago gas price in the US was slightly over $1 per gallon. We were using our own oil. The US has the largest oil reserves in the world.
07 Jul 22
@mott-the-hoople saidSo you say that US firms would rather sell cheap to Americans than dear to the world? Wow.
I remember when the US was producing its own oil…global market had no effect on our price.
07 Jul 22
@ponderable saidNo, Im saying they were.
So you say that US firms would rather sell cheap to Americans than dear to the world? Wow.
07 Jul 22
@kevcvs57 saidWell, by golly, Kev, you are right, he is doing all the right things. Lets get behind him. Genius. Wonder how he figured this out
Hey idiot Biden released the extra fuel to bring down the global price of oil.
It’s been explained to you that it doesn’t matter how much oil you produce yourself the price you pay for it is governed by the international pricing system so it doesn’t matter where the oil goes it will reduce the price per barrel due to the supply and demand equation.
Remember when you thought the UK was giving its oil to the US 🙄