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Topic Title: Oil reserves released by Biden expected to primarily go to China, India Topic Summary: American citizens always LAST with Biden! Created On: 11/23/2021 04:14 PM |
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11/23/2021 04:14 PM
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Oil reserves released by Biden expected to primarily go to China, India
U.S. taps 50 million barrels of oil from reserves in an attempt to tamper spiking costs at the gas pump By Caitlin McFall FOXBusiness Fox Business Flash top headlines for November 23 Check out what's clicking on FoxBusiness.com. President Biden's move to tap the U.S. Strategic Petroleum Reserve is expected to supply Chinese and Indian oil needs as gas demands have led to global shortages, reports said Tuesday. The White House said the Department of Energy will release 50 million barrels of oil held in U.S. reserves - 18 million of which have already been congressionally approved for sale. TOP REPUBLICAN ON ENERGY COMMITTEE SAYS TOO LITTLE TOO LATE AFTER BIDEN TAPS OIL RESERVE China and India have been actively purchasing U.S. sour crude oil produced in the Gulf of Mexico, first reported Bloomberg. Sour crude oil contains high levels of sulfur, which reportedly makes it more expensive to process and traditionally turns buyers away. But U.S.-produced sour crude oil appeals to foreign buyers because of its relatively affordable price tag, the publication said. The White House's Tuesday announcement means the U.S. will seek to accelerate sales abroad in an attempt to counter spiking prices at the gas pump. U.S. President Joe Biden speaks on the economy during an event at the South Court Auditorium at Eisenhower Executive Office Building on November 23, 2021 in Washington, DC. President Biden announced the release of 50 million barrels of oil from the S (Photo by Alex Wong/Getty Images / Getty Images) The additional 32 million barrels will be intended for U.S. consumers to alleviate increased demand. Earlier this month OPEC+, led by nations like Saudi Arabia and Russia, refused to increase production to meet rising demands. Gas shortages have led to rising inflation and gas prices at the pump not seen in seven years. ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. |
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11/23/2021 05:02 PM
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This is where the oil shale tar sands from Canadia were going all along via the Keystone XL that was (judiciously) canned.
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11/23/2021 11:05 PM
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This is where the oil shale tar sands from Canadia were going all along via the Keystone XL that was (judiciously) canned. ...to the Strategic Oil Reserve? ...it was full due to Trump. ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. |
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11/23/2021 11:48 PM
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This is where the oil shale tar sands from Canadia were going all along via the Keystone XL that was (judiciously) canned. ...to the Strategic Oil Reserve? ...it was full due to Trump. seriously??? when was the last time it was used? |
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11/24/2021 05:08 AM
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This is where the oil shale tar sands from Canadia were going all along via the Keystone XL that was (judiciously) canned. ...to the Strategic Oil Reserve? ...it was full due to Trump. No. To China & India. Moron. Sour crude oil contains high levels of sulfur, which reportedly makes it more expensive to process and traditionally turns buyers away. Just like the oil shale from the Canadian tar sands, this stuff is dirty & more difficult to refine. Which is why the oil shale was going to go from Canada via the Keystone XL to a primary refiner in GOMEX and then to China. The Keystone XL: we get all the liability and no benefits. |
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11/24/2021 06:14 AM
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Oil reserves released by Biden expected to primarily go to China, India
Nope, that is another lie. 18 million barrels will go to China and India via a sale approved by the Republican led Senate in 2018. The rest goes to supply in the US. ------------------------- I was right. |
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11/24/2021 02:04 PM
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Oil-rich nations may respond to Biden's attempt to cut gas prices by hoarding their stock to keep prices high at the pump
------------------------- Dora Hates You |
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11/25/2021 04:56 AM
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God damn Qish is a bitch! Thank you Cole, the release is part of a global effort to bring prices down.
Fuck Qotards are stupid From wsj Now if you want to talk educated about the release the us uses about 25 million barrels of oil a day you draw the conclusions. Yes ding, if OPEC gets mad the could be interesting Edited: 11/25/2021 at 05:00 AM by Greensleeves |
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11/25/2021 09:44 AM
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Earlier this month OPEC+, led by nations like Saudi Arabia and Russia, refused to increase production to meet rising demands.
Gas shortages have led to rising inflation and gas prices at the pump not seen in seven years. .....AND WHY WOULD ONE FUCKING DROP (OF THE 50 MILLION BARRELS) GO TO ANY COUNTRY OTHER THAN AMERICA! ENQUIRING MINDS WANT TO KNOW!!!!! ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. Edited: 11/25/2021 at 11:38 AM by Fish Killer |
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11/25/2021 01:31 PM
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.....AND WHY WOULD ONE FUCKING DROP (OF THE 50 MILLION BARRELS) GO TO ANY COUNTRY OTHER THAN AMERICA!
ENQUIRING MINDS WANT TO KNOW!!!!! Ask the Republican led congress that approved the sale. ------------------------- I was right. |
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11/26/2021 04:23 AM
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.....AND WHY WOULD ONE FUCKING DROP (OF THE 50 MILLION BARRELS) GO TO ANY COUNTRY OTHER THAN AMERICA! ENQUIRING MINDS WANT TO KNOW!!!!! Ask the Republican led congress that approved the sale. Congress is ruled by DEMOSHITS! ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. |
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11/26/2021 06:47 AM
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115th United States Congress
In 2018, both the House and the Senate were Republican majority. Donald Trump was president. You...are a fucking idiot. ------------------------- I was right. |
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11/26/2021 12:49 PM
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115th United States Congress In 2018, both the House and the Senate were Republican majority. Donald Trump was president. You...are a fucking idiot. Fox Business Flash top headlines for November 23 President Biden's move to tap the U.S. Strategic Petroleum Reserve is expected to supply Chinese and Indian oil needs as gas demands have led to global shortages, reports said Tuesday. The White House said the Department of Energy will release 50 million barrels of oil held in U.S. reserves ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. Edited: 11/26/2021 at 12:49 PM by Fish Killer |
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11/26/2021 02:42 PM
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Most of the obscenely dirty oil/tar petroleum has been sent overseas since it came on line, fishfraud hysteria girl
Including the entire disastrous term of your fat orange messiah ------------------------- It's a democratic hoax |
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11/27/2021 02:22 AM
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Damn y'all making Qish Qisser look every bit the dumb bitch he is. Appreciated!
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11/27/2021 05:27 AM
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...most all petroleum goes overseas as we are in a world oil market.
MORONS! ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. |
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11/29/2021 04:10 AM
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So it ain't Joes fault? Damn you are a fucked up idiot. Get some help you fucking Qook.
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