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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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Fish Killer

Posts: 56389
Joined Forum: 10/09/2005

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.

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 11/23/2021 05:02 PM
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follydude

Posts: 9119
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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.





 11/23/2021 11:05 PM
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Fish Killer

Posts: 56389
Joined Forum: 10/09/2005

Originally posted by: follydude

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.



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 11/23/2021 11:48 PM
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sandi

Posts: 4776
Joined Forum: 03/26/2007

Originally posted by: Fish Killer

Originally posted by: follydude



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?
 11/24/2021 05:08 AM
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follydude

Posts: 9119
Joined Forum: 07/25/2003

Originally posted by: Fish Killer

Originally posted by: follydude

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.

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.


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.



 11/24/2021 06:14 AM
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Cole

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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.

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So long and thanks for all the fish.
 11/24/2021 02:04 PM
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dingpatch

Posts: 16913
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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
 11/25/2021 04:56 AM
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Greensleeves

Posts: 18534
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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

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Edited: 11/25/2021 at 05:00 AM by Greensleeves
 11/25/2021 09:44 AM
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Fish Killer

Posts: 56389
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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!!!!!


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Edited: 11/25/2021 at 11:38 AM by Fish Killer
 11/25/2021 01:31 PM
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Cole

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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.

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So long and thanks for all the fish.
 11/26/2021 04:23 AM
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Fish Killer

Posts: 56389
Joined Forum: 10/09/2005

Originally posted by: Cole

.....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!

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 11/26/2021 06:47 AM
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Cole

Posts: 56380
Joined Forum: 07/22/2003

115th United States Congress

In 2018, both the House and the Senate were Republican majority. Donald Trump was president.

You...are a fucking idiot.

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So long and thanks for all the fish.
 11/26/2021 12:49 PM
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Fish Killer

Posts: 56389
Joined Forum: 10/09/2005

Originally posted by: Cole

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



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Edited: 11/26/2021 at 12:49 PM by Fish Killer
 11/26/2021 02:42 PM
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nukeh2o

Posts: 6089
Joined Forum: 03/18/2016

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

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It's a democratic hoax
 11/27/2021 02:22 AM
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Greensleeves

Posts: 18534
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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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Fish Killer

Posts: 56389
Joined Forum: 10/09/2005

...most all petroleum goes overseas as we are in a world oil market.

MORONS!

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 11/29/2021 04:10 AM
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Greensleeves

Posts: 18534
Joined Forum: 07/22/2003

So it ain't Joes fault? Damn you are a fucked up idiot. Get some help you fucking Qook.

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