Re: Biden Missed Chance to Refill SPR at Lower Rates After Draining It for Political Reason

[kaz]

Paul Ragna <tpragn...@gmail.com> wrote in
news:XnsB0A4C37FA92...@135.181.20.170:

> Biden is a disaster.
>
> "Biden Missed Chance to Refill SPR at Lower Rates After Draining It
> for Political Reason"
>
> <https://www.breitbart.com/clips/2023/10/21/cnbc-biden-missed-chance-to
> - refill-spr-at-lower-rates-after-draining-it-for-political-reasons/>
>
> "On Friday’s broadcast of CNBC’s “Squawk Box,” co-hosts Becky Quick
> and Joe Kernen reacted to news that the Biden administration wants to
> try to refill the Strategic Petroleum Reserve (SPR) at a price of $79
> a barrel or less by noting that there was a time when the SPR could
> have been refilled at a lower price, but we didn’t and the reserve is
> low because it was drained “to help stem an inconvenient price rise
> for an administration.”

It was sent to the Ukraine and China. Dirty Joe Biden sold American
resources to enemies of the USA and personally profited from it.

> Kernen said, “[T]he Department of Energy says it wants to buy six
> million barrels of oil for the Strategic Petroleum Reserve. It’s
> hoping to get a price of $79 or less. The department is working to
> refill the Petroleum Reserve after President Biden ordered a historic
> release to try to stem high gas prices. Buy low, sell high. I’m not
> sure that’s what we’re doing here. There was a time.”
>
> Quick responded, “Very briefly, yeah, where we could have filled it at
> lower rates.”
>
> Kernen then said, “[I]t does get a little scary with — no one was
> expecting the Middle East to totally be a different place than what we
> saw or what we thought it was six months ago.”

Biden cut off the Canadian oil pipeline deal.

> Quick stated, “No. And if you looked at oil prices three weeks ago, we
> were talking about how energy prices had come down 10% in ten days,
> WTI. And that was something we were watching really closely. It was on
> concerns that there wasn’t going to be as much demand around the globe
> with a potential recession. … So, it turned very quickly.”
>
> Kernen then asked, “If there was a real situation, how much do — we
> don’t have that much for the emergency — what it was designed for.”"
>
> "Quick then cut in to say, “Yeah, but we also produce far more energy
> today.”

We waste more energy today.

> Kernen responded, “Right. But it was not designed to help stem an
> inconvenient price rise for an administration.” Quick responded,
> “No.”"

[Jack Jordan]

>Paul Ragna <tpragn...@gmail.com> wrote in
>news:XnsB0A4C37FA92...@135.181.20.170:
>
>> Biden is a disaster.

Yes, and your attacks must be reducing him to ashes because you reach an
audience of 6, most who don't care.

How's that impeachment hearing going?

How about Trump's ninety-one criminal indictments!

The fat pinhead's going to end his life in a prison cell and you don't even
care. Some supporter you turned out to be.

[pothead]

On 2023-10-22, kaz <k...@nomail.com> wrote:
> Paul Ragna <tpragn...@gmail.com> wrote in
> news:XnsB0A4C37FA92...@135.181.20.170:
>
>> Biden is a disaster.
>>
>> "Biden Missed Chance to Refill SPR at Lower Rates After Draining It
>> for Political Reason"
>>
>> <https://www.breitbart.com/clips/2023/10/21/cnbc-biden-missed-chance-to
>> - refill-spr-at-lower-rates-after-draining-it-for-political-reasons/>
>>
>> "On Friday’s broadcast of CNBC’s “Squawk Box,” co-hosts Becky Quick
>> and Joe Kernen reacted to news that the Biden administration wants to
>> try to refill the Strategic Petroleum Reserve (SPR) at a price of $79
>> a barrel or less by noting that there was a time when the SPR could
>> have been refilled at a lower price, but we didn’t and the reserve is
>> low because it was drained “to help stem an inconvenient price rise
>> for an administration.”
>
> It was sent to the Ukraine and China. Dirty Joe Biden sold American
> resources to enemies of the USA and personally profited from it.

Gotta have 10% for the big guy!

>> Kernen said, “[T]he Department of Energy says it wants to buy six
>> million barrels of oil for the Strategic Petroleum Reserve. It’s
>> hoping to get a price of $79 or less. The department is working to
>> refill the Petroleum Reserve after President Biden ordered a historic
>> release to try to stem high gas prices. Buy low, sell high. I’m not
>> sure that’s what we’re doing here. There was a time.”
>>
>> Quick responded, “Very briefly, yeah, where we could have filled it at
>> lower rates.”
>>
>> Kernen then said, “[I]t does get a little scary with — no one was
>> expecting the Middle East to totally be a different place than what we
>> saw or what we thought it was six months ago.”
>
> Biden cut off the Canadian oil pipeline deal.

So now they are trucking the same oil across the border.
Yea, that makes sense for the environment.
Diesel 18 wheelers?
Jobs lost.
etc.

Another example of a Biden dumpster fire.

>> Quick stated, “No. And if you looked at oil prices three weeks ago, we
>> were talking about how energy prices had come down 10% in ten days,
>> WTI. And that was something we were watching really closely. It was on
>> concerns that there wasn’t going to be as much demand around the globe
>> with a potential recession. … So, it turned very quickly.”
>>
>> Kernen then asked, “If there was a real situation, how much do — we
>> don’t have that much for the emergency — what it was designed for.”"
>>
>> "Quick then cut in to say, “Yeah, but we also produce far more energy
>> today.”
>
> We waste more energy today.

Indeed.

>> Kernen responded, “Right. But it was not designed to help stem an
>> inconvenient price rise for an administration.” Quick responded,
>> “No.”"
>

--
pothead
Tommy Chong For President 2024.
Crazy Joe Biden Is A Demented Imbecile.
Impeach Joe Biden 2022.