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Page added on October 19, 2022

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Biden announces release of 15 million more barrels from oil reserve

Biden announces release of 15 million more barrels from oil reserve thumbnail

On Wednesday, President Joe Biden announced that 15 million more barrels of oil will be released from the Strategic Petroleum Reserve in order to combat rising gas prices. This move is a part of Biden’s plan announced in March to release 180 million barrels in 2022.\

Details: The 15 million barrels are expected to be released in December, and more releases will continue throughout the winter, according to NPR.

  • This release was announced just two weeks after Saudi Arabia’s Organization of the Petroleum Exporting Countries sided with Russia, announcing oil production cuts, per Reuters.

Will this actually lower gas prices? The Biden administration says that the release will combat rising prices.

  • “Right now, our Strategic Petroleum Reserve has about 400 million barrels of oil — more than enough for any supply emergency,” the White House tweeted. “The Department of Energy will release another 15 million barrels to help bring gas prices down.”
    • Some experts, however, think this is only a small drop in a large bucket, and won’t largely affect fuel prices.
  • “We’re talking about fairly small potatoes here with putting 15 million barrels into the market, and I think the market was probably expecting that to happen anyway,” Jay Hakes, the former head of the Energy Information Administration, told NPR. “I think the overall 180 million has been helpful in getting us through a rough patch. This additional enhancement I don’t see moving the needle that much.”

Worth noting: According to Reuters, some Republicans are criticizing Biden’s decision, claiming that it’s just a political move right before the midterms, and won’t benefit the country long-term.

  • Others are concerned about the impact the release will have on the country’s energy security.
  • “Draining oil from Strategic Reserve is a short-sighted and dangerous choice that imperils our energy security at a critical time of global uncertainty,” tweeted Sen. Jerry Moran, R-Kansas, followed by a letter addressed to the president.
  • “I am calling on President Biden to instead unleash American energy production & support an all-of-the-above energy policy.”


23 Comments on "Biden announces release of 15 million more barrels from oil reserve"

  1. makati1 on Wed, 19th Oct 2022 7:18 pm 

    $3 gas before the midterms, $6+ gas after.

    The Dumbocrats are desperate. When the reserves are needed, they will not be there. If they are ever refilled, it will be with $100+/barrel oil. Bend over serf, the Dumbocrats are f**king you again!

  2. Zeke Putnam on Thu, 20th Oct 2022 8:28 am 

    I’m glad America is a two party system. Makes blaming easy when it’s actually both.

  3. Arabs could be usefull on Thu, 20th Oct 2022 8:55 am 

    The Arabs could be useful in Whites Western nations. If we play the cards right, we could use the hatred that Arabs have against Jews to remove or kill all the Jews living in White Western nations. Why not use the Arabs against the enemies of White’s people: Jews

  4. FamousDrScanlon on Thu, 20th Oct 2022 12:21 pm 

    FamousDrScanlon announces release of 15 trillion more sperm into 4-5 of my dirty socks.

    I would release them into a woman, but that risks pregnancy and possible offspring.

    Only an ignorant or sadist would bring a child into this world the human have turned into a toxic sewer-landfill.

    Pollution in Fetuses and Microplastics in Breast Milk

    https://www.youtube.com/watch?v=aBeeSv9WdJE&t=3s

  5. Biden’s hairplug on Thu, 20th Oct 2022 5:04 pm 

    Rumors are that Boris Johnson has escaped from Elba and is heading towards London.

  6. makati1 on Thu, 20th Oct 2022 5:55 pm 

    Are clowns and idiots the best the UK can do for a leader? But then, look at Zombie Biden and Cackling Harris. Not to mention the senile old farts in Congress. Sigh! No wonder the West is in the ICU, never to recover.

  7. FamousDrScanlon on Thu, 20th Oct 2022 7:05 pm 

    It must be very hard for US conservatives having to look at and listen to the guy JOE who dun stole the election from y’all.

    Both US conservative voters & politicians talk/cry about that election day after day after day for 2 years running.

    Makes for easy work for conservative speech writers…..

    Speech for fri oct 21

    bitch moan & cry over joe stealing da lection.

    Speech for Sat oct 22

    bitch moan & cry over joe stealing da lection.

    Speech for Sun oct 23

    bitch moan & cry over joe stealing da lection.

    If US conservative politicians main goal is to make themselves look like incompetent & weak little bitches then they are indeed succeeding perfectly.

    If you hired someone to guard the most important things to you & yours & a robber came along & stole all your stuff & you can never get it back, would you renew that incompetent security guard’s contract for another 4 years?

    Americans, more than any other people, have a child like belief system which includes supporting failed people and policies with the expectation that they will get different-better results based solely on wishing for them.

    Yup, smashing you head against a wall is the best treatment for curing bad headaches. What’s that?? — you tried it and it did not work? That’s because you did not do enough of it. So go back to the wall and keep hitting your head against it, but first don’t forget my payment.

    I fucking laugh like crazy when I hear conservatards all hyped out to once again vote for the guy and team, Trump-N-tards who let an election get stolen right under their noses. Then then to have the gall to complain about it for the last 2 years.

    What monumental losers. I hope all you fuck tards vote the other OLD OLD corrupt white Boomer in….again. Of course you’ll all have expectations for things to be great again or in some way better than now…which is 100% unreasonable since things have gone down hill for decades as you continue to vote for these rich white cocksuckes with their Ivy league degrees and social circles.

    They are all the same guy INCLUDING obama. That half breed niggar is the whitest motherfuck out of all of them. He actually passed all those university courses and the bar. He did not need his rich daddy to donate a new library or wing to the university so his kid could get a min passing grade either. Obama is actually smart that way, but his priorities were 100% white boys old boys policies.
    Look at him now. Like Bush Jr he is obsessed with his library and legacy.

    Well too bad, there’s no legacy on a dead planet you dumb niggar.

    And you peak oil plebs, Go ahead and keep voting you sad little masochists.You’ll all be miserable from now until doomsday.

    There is a way to win and be happy until death. Convert to Voyeur-Sadism. You will get (to see) everything you desire and more.

    Hop aboard the pain train bitches Woo Woo!

  8. makati1 on Thu, 20th Oct 2022 8:54 pm 

    The US and the West is toast. Burnt toast. It may take a few years for the bottom to be hit, but they are gaining speed just like a huge rock rolling down a mountain. Get out of it’s way…IF you can.

  9. Theedrich on Fri, 21st Oct 2022 1:18 am 

    So the SPR exists to save the Dems. Who knew???

  10. peakyeast on Fri, 21st Oct 2022 5:44 am 

    It sure seems like american politicians are hell-bent on destroying america…

    Perhaps they are all chinese spies – or are they really that stupid and shortsighted? – it seems impossible.

  11. Dredd on Fri, 21st Oct 2022 9:45 am 

    Uh oh … bigga badda boom (If Cosmology Is “Off,” How Can Biology Be “On?” – 3).

  12. Duncan Idaho on Fri, 21st Oct 2022 2:24 pm 

    Jan. 6 Committee Formally Subpoenas Donald Trump
    (“You personally orchestrated and oversaw a multi-part effort to overturn the 2020 presidential election and obstruct the peaceful transfer of power”)

    Will the Fat Boy finally be put into a cell with Tiny and Jose?

  13. FamousDrScanlon on Fri, 21st Oct 2022 3:08 pm 

    Once Trump is convicted and doing time, the Aryan brotherhood are going to rent out his holes to any inmates who have the cash or a few cigarettes.

    They only respect strength and despise weakness, so they especially hate Trump because he stood there like a stunned cunt while the deep state Dems stole the election from the people in plain sight. Plus Trump let his daughter marry a kike and breed 3 little grand-kikes (so far).

    It’s pretty normal for rich boys like Trump to end up being super incompetence and irresponsible adults after growing up never having to own up to their mistakes or suffer any consequences no matter who they fucked over or how bad.

    If Trump’s daddy was still alive he would have had better results as a POTUS and would be half way thru his 2nd term. Instead his supporters have gotten 2 years of crying and excuse making and relentless begging for more supporter donations the entire time. No amount of voter donated money can fix his weakness and incompetence.

  14. FamousDrScanlon on Fri, 21st Oct 2022 3:18 pm 

    Farmers’ struggles continue with most of Kansas in ‘extreme’ or ‘exceptional’ drought

    “WICHITA, Kan. (KWCH) – The latest information from the U.S. Drought Monitor shows Kansas is getting drier. Thursday’s report shows most of Kansas in either “extreme drought” or “exceptional drought.” Kansas farmers say this year’s drought is among the worst they’ve seen, impacting nearly every crop and nearly every county in the state.

    “Never witnesses anything like this in our area,” Mulvane-area farmer Curt Hoobler said.

    Hoobler and his farmhand, Jared Sazoma say their wheat, corn and soybean crops haven’t received substantial rain in more than 100 days and this fall’s harvest is among the worst.

    Hoobler said his soybeans are usually double in size than they are this year. This year, they’re small enough that they wouldn’t usually make the cut. The extended drought has impacted every corner of the farming industry, including those who transport what’s harvested.”

    https://www.kwch.com/2022/10/21/farmers-struggles-continue-with-most-kansas-extreme-or-exceptional-drought/

    At least the obesity epidemic will be solved before humans are wiped from the earth this century.

  15. FamousDrScanlon on Fri, 21st Oct 2022 3:20 pm 

    Bodies of water all over North America are drying up due to drought, climate change: Experts

    Riverbeds that used to be covered in ample water are now dehydrated by drought.

    “Earlier this year, the National Oceanic and Atmospheric Administration predicted that the 22-year megadrought affecting the West would not only intensify but also move eastward.

    That prediction appears to be coming into fruition, with about 82% of the continental U.S. currently showing conditions between abnormally dry and exceptional drought, according to the U.S. Drought Monitor.”

    https://abcnews.go.com/US/bodies-water-north-america-drying-due-drought-climate/story?id=91737496

  16. world supremacist muzzies unite on Fri, 21st Oct 2022 4:21 pm 

    France: University puts up posters of girl [12 y/o ]raped and murdered by Muslim migrants, but veiled Muslima tears them down

    supertards please change ur undies after 3 days

    please feel at ease among friend, we’re all lovers of supremacist muzzies here

  17. Dredd on Sat, 22nd Oct 2022 9:03 am 

    “Conservatives’ susceptibility to political misperceptions” (Science Advances)

  18. Duncan Idaho on Sat, 22nd Oct 2022 10:15 am 

    Alabama pastor, 64, has been arrested and charged with sexually abusing a 7-year-old

    https://www.dailykos.com/stories/2022/10/21/2130387/-Alabama-pastor-64-has-been-arrested-and-charged-with-sexually-abusing-a-7-year-old

    Typical repug pervert

  19. Duncan Idaho on Sat, 22nd Oct 2022 10:39 am 

    More!

    https://i0.wp.com/otherwords.org/wp-content/uploads/2021/11/shutterstock_351492050.jpg?resize=1000%2C660&ssl=1

  20. Biden's hairplug on Sat, 22nd Oct 2022 12:34 pm 

    “Once Trump is convicted and doing time”

    You seriously think the US deep state can afford to throw Trump in the slammer without risking an insurrection?

    The country is a basket case of social instability already. The whole system is waiting for the spark to be thrown into the tinderbox.

  21. makati1 on Sun, 23rd Oct 2022 3:20 am 

    Nothing could be better than for 50,000,000+ lazy Amerikan serfs to get of their obese asses and hang the Dembocrats and their billionaire owners from lampposts, after they have been tarred and feathered.

  22. rockman on Thu, 17th Nov 2022 2:22 pm 

    “HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia’s renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases.”

    Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we’re shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn’t point that out when the report draws from the SPR? Might not make the Prez look very good, would it.”HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia’s renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases.”

    Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we’re shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn’t point that out when the report draws from the SPR? Might not make the Prez look very good, would it.”HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia’s renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases.”

    Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we’re shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn’t point that out when the report draws from the SPR? Might not make the Prez look very good, would it.”HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia’s renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases.”

    Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we’re shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn’t point that out when the report draws from the SPR? Might not make the Prez look very good, would it.”HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia’s renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases.”

    Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we’re shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn’t point that out when the report draws from the SPR? Might not make the Prez look very good, would it.

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