PObama wants to release oil from the strategic reserve

[mikeb]

because it's an ELECTION year and high gas prices are hurting him. It's been funny watching him and chu try to backpedal from their earlier position of being in favor of high gas prices LOL....

As i recall the last time they tried this the speculators just yawned.....

http://www.reuters.com/article/2012/03/15/us-oil-reserves-idUSBRE82E0UM20120315

[CJ]

It's pandering. He'll make a statement that he is going to do something about these oil prices. He'll waste our stategic reserve for a political bid, it will drop gas prices for two weeks - the liberal media will swallow and choke on his nut sack praising him. A few weeks later when gas prices go higher than before they will completely ignore it and continue to focus on how he dropped them for two weeks. Grab your calenders and mark my words.

[Vertnut]

It's very short-term. If he really cared, there's a multitude of things he can do. This is purely symbolic.

[IHaveAMustang]

It's very short-term. If he really cared, there's a multitude of things he can do. This is purely symbolic.

but...he does not. He could care less about this country, wait...I don't think that is possible..

[Vertnut]

Oil is down .02 today. As reactionary as the market is, that might be all we get from his posturing.

[mikec]

Why release oil from the reserves when, from what I have read, we are exporting large quantities of oil? Shouldn't we just stop exporting? And isn't the real issue the lack of ability to refine said oil? Shouldn't we focus on adding refineries?

[Geor!]

He's a worthless man.

[Vertnut]

Why release oil from the reserves when, from what I have read, we are exporting large quantities of oil? Shouldn't we just stop exporting? And isn't the real issue the lack of ability to refine said oil? Shouldn't we focus on adding refineries?

He thinks we're stupid enough to think this will cause a "glut" in the market.

[Marss]

He thinks we're stupid enough to think this will cause a "glut" in the market.

Unfortunately many are. They're the ones that believed in his Hope and Change propaganda and his "affordable healthcare."

[mstng86]

Why release oil from the reserves when, from what I have read, we are exporting large quantities of oil? Shouldn't we just stop exporting? And isn't the real issue the lack of ability to refine said oil? Shouldn't we focus on adding refineries?

Yes, but until someone starts making these speculators take 50% delivery, nothing is going to change.

He thinks we're stupid enough to think this will cause a "glut" in the market.

From what I understand, there already is a glut in the market since we are exporting the extra oil we didn't spend on the winter to China and other places.

[FreightTrain]

F...That. The more diesel cost = the more my monthly bonus is.

[mikec]

F...That. The more diesel cost = the more my monthly bonus is.

Typical union guy. Fuck everyone else, it's all about me.

How's the pursuit of that closer parking spot coming? Any new guys get fired yet?

[FreightTrain]

Typical union guy. Fuck everyone else, it's all about me.

How's the pursuit of that closer parking spot coming? Any new guys get fired yet?

Lmao it has nothing to do with being union or not. I have bills to pay and a family to feed.

[mstng86]

He thinks we're stupid enough to think this will cause a "glut" in the market.

Typical union guy. Fuck everyone else, it's all about me.

How's the pursuit of that closer parking spot coming? Any new guys get fired yet?

Don't let Obama see this, he might think he is actually influencing you.

[Forever_frost]

F...That. The more diesel cost = the more my monthly bonus is.

The more food prices run, the less money people have to put into things they need and enjoy, the worse the country gets. Yes, let's get those prices up so you get a bonus.