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sleepyone
CA
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Biden Administration Caught EXPORTING Oil from Reserves Amid High Gas Prices
Jul 6 2022 01:45PM more by sleepyone
Tags: Orange County, Current Events (All tags)

The oil is said to be going to Europe, India, and China. Any excuse for this Biden supporters?
Attached Links
https://www.reuters.com/business/energy/oil-us-reserves-head-overseas-gasoline-prices-stay-high-2022-07-05/
      
There are 39 comments on this blog.
tacobandit
Glendale, SFV, LA, CA
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since Aug 20 2007

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Jul 6 2022 02:45PM     link to this

Orange man bad
SeymourButz
Humboldt, CA
135 blogs/3934 comments
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Jul 6 2022 03:09PM     link to this

Biden is a fucking white devil slavemaster. He is using the gasoline to create a crisis so he can try and make us bow down to his grand Wizard plan.
rideme
OC, CA
17 blogs/416 comments
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Jul 6 2022 04:35PM     link to this

Let's Go Brandon
jackrabbit33
La Jolla, San Diego, CA
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Jul 6 2022 05:22PM     link to this

Sure seems like the Democrats have the whole chaos, death, and destruction thing down pat.

Judging by actions they clearly dont give a damn about Americans.


remo_williams
Irvine, OC, CA
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Jul 6 2022 06:04PM     link to this

That amount of oil released from the SPR is minuscule, it has no bearing on prices, it's a rounding error.

HOWEVER:

It's emblematic of Brain Dead Biden's lack of domestic "optics".

He must be supremely confident in how blindly his supporters will line up behind him despite how bone headed his decisions are.

Like with so many other "symbolic" decisions that come out of this administration, the result even though minimal in actuality, as a signal to the broader market, it sends a negative message.

Oil is a futures market, just like on the first day in office he killed the Keystone pipeline which sent ripple effects through the market. Boom, instantly up went the spot price & just as quickly the price all along the supply chain and yes, at the pump.

Too bad the average biden supporter is so ignorant on what's happening.
DrBoogie
El Monte, SGV, LA, CA
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Jul 6 2022 06:06PM     link to this

I can't wait until the Chinese communist take over the world.
It appears that Biden is helping them.
That will show you people who didn't like Trump.
A new world order by the elites.
At least I look like them. LMAO
CUMAlot
Huntington Beach, OC, CA
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Jul 6 2022 07:16PM     link to this

Oil price has been down by more than 10% and below 98. Blame the oil companies for price gouging . OP is a total dumb fuck.
TaraCMT
Phoenix, AZ
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Jul 6 2022 08:56PM     link to this

I'm furious about this.

Remember when he shut down our pipeline and then gave the greenlight for Putin to build a pipeline?
sleepyone
CA
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Jul 6 2022 09:10PM     link to this

“Oil price has been down by more than 10% and below 98. Blame the oil companies for price gouging. OP is a total dumb fuck.”

You should learn basic economics. Oil companies didn’t suddenly become greedy. They were greedy before Biden and greedy now. There is no special reason oil prices rose as a result of them being greedy. This all on Biden who has been attacking the oil industry since his first day in office.

But you’re too much of Biden dick sucker to see that.
InsearchofStarfish
Santa Ana, OC, CA
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Jul 6 2022 09:30PM     link to this

think we have been sending oil and gas out for years...might be kinda hard to make is ZERO, when we want other countries to be on OUR side of things

JUST FUCKING DRILL...the european countries are going to need to the gas/oil...along with plenty of others.

they will be out of office soon enough.

biggest lib of them all? mr WAPO is now seeing what he unleashed...not good for his business

mr electric car? was left cal for RED state. says - FUCKING START DRILLING


that ADMIN came into office and wanted to dismantle the industry from day one. how do we know this? they said it




GoBallsDeep
Fullerton, OC, CA
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Jul 6 2022 09:36PM     link to this

After the dumb old fuck followed their game plan
CNN and WAPO are throwing him under the bus.

“Democrats worry the lack of decisions and authority are deepening their own midterm problems and feeding a sense that the President couldn’t truly handle the extra complications of a run for reelection in 2024,” reports CNN.com—“and along the way, reinforcing narratives that he’s an old man not fit for the moment.”

It’s almost enough to make you feel sorry for the President. He adopted the agenda of the Democratic left—woke on the culture, socialist on the economy—and the press cheered him on as the next FDR.

Now they've got a scapegoat when the Dems get routed in November.
That is some funny stuff that this POS did what they wanted
And he'll be reviled for it!!!
Let's go Brandon!

jackrabbit33
La Jolla, San Diego, CA
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Jul 6 2022 09:38PM     link to this

^ +1


When Biden shut down Keystone and removed the already in place sanctions on Nordstreim 2 for Putin that was a double whammy in Putins favor.

So this is full out on your knees guzzling Putin jizz for you Libtards that dont understand the full context. If Trump did this you idiots would go apeshit but it was Biden... no big deal.


Then when Putin saw Biden's thourghly fucked up withdrawal from Afghanistan he said,... "wow, this guy is a genuine dumbass... I think I can finally move on Ukraine."


Then Putin starts moving Russian forces to Ukraine.

Then the war starts and Biden puts the Nordstreim 2 sanctions BACK INTO EFFECT. 🤦‍♂️🤯🤔

jackrabbit33
La Jolla, San Diego, CA
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Jul 6 2022 09:42PM     link to this

That was for 3 posts up but other good posts
InsearchofStarfish
Santa Ana, OC, CA
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Jul 6 2022 09:51PM     link to this

he got the green light in their meeting...when he talked about small incursions...the comment that had Zelensky going crazy






stumpy
OC, CA
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Jul 6 2022 09:58PM     link to this


In January of 2021 (the month Biden) took office the average price of gasoline in CA was $3.26 per gallon.

In January 2022 the average price of gasoline in CA was $4.58 per gallon.

In late February of 2022 Russia invaded Ukraine.

In May of 2022 the average price of gasoline in CA was $5.87 per gallon.

If you believe that all of the gas price increase was the result of Russia invading Ukraine as we have been told by certain government officials then I have a bridge to sell you. Bring small unmarked bills.


Attached Links
https://ycharts.com/indicators/california_retail_price_of_gasoline_monthly
yellowB2
Mission Viejo, OC, CA
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Jul 6 2022 10:31PM     link to this

^
Stumpy, get out of here with your facts. They fuck up a perfectly good leftist utopia.
kcsun
OC, CA
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Jul 6 2022 10:39PM     link to this

Impeach him
It's my oil it's your oil
Selling us down the road for liberal new order
Wake up white people
InsearchofStarfish
Santa Ana, OC, CA
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Jul 6 2022 10:42PM     link to this

where's this chick from again? oh ya...that could help explain some things


Joe Biden’s nominee for the Comptroller of the Currency Saule Omarova on oil, coal and gas industries: “We want them to go bankrupt if we want to tackle climate change.”

Attached Links
https://www.energyindepth.org/biden-nominee-hopes-oil-and-natural-gas-industry-goes-bankrupt/
SkyBot84
LA, CA
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Jul 7 2022 12:04AM     link to this

Yeah, but Trump killed all those people with COVID. He is mean, colluded with Russian, Quid pro quo with Ukraine, he lies, rapes women, steals money, choked a secret service agent, threw his food on the wall, lead an armed insurrection, and just a horrible, horrible, horrible person.
But Biden, well...
Spurswillbeback
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Jul 7 2022 01:05AM     link to this

I can see HX houses a lot of tin foil hat users
bmwfive
LA, CA
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Jul 7 2022 06:40AM     link to this

Who gives a shit if Trump was a horrible person or insulted people, as you say. Why the hell do you care if this person is bad, that person is bad. There are shitty people in politics, period!

All I know is that I was better off (on all accounts) 2+ years ago when the current idiots weren't running things in DC. WTFU
jackrabbit33
La Jolla, San Diego, CA
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Jul 7 2022 07:47AM     link to this

^ and that is what really matters.

Angler1
CA
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Jul 7 2022 08:01AM     link to this

Mean tweets don't matter, you f'n LIBTARDS.
jackrabbit33
La Jolla, San Diego, CA
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Jul 7 2022 05:57PM     link to this

There's news just surfacing that some of oil exported went to China and more troubling is that it went to a company Hunter has financial ties with.

From a story I just read...

"Daniel Turner admonished Biden for selling “raw materials to the Communist Chinese for them to use as they want.”

“We were assured Biden was releasing this oil to America so it could be refined for gasoline to drive down prices at the pump. So right off the bat, they’re just lying to the American people,” Turner told the Washington Free Beacon. “What they’re saying they did and what they did are not remotely related.”

Turner also said the decision highlights the Biden family’s “relationship with China.” Biden’s son, Hunter Biden, is tied to Sinopec. In 2015, a private equity firm he cofounded bought a $1.7 billion stake in Sinopec Marketing."




The Biden crime family strikes again. 🤷‍♂️




Attached Links
http://opr.news/1ca04797220707en_us?link=1&client=news
Rrod111401
SGV, LA, CA
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Jul 7 2022 06:17PM     link to this

lol Hunter Biden nonsense is hysterical.

The Trump kids made almost a billion dollars off Donald's presidency. Documented truth but not a care in the world from the right wing.

Yet the right is fixated on conspiracies that involve heavy mental gymnastics involving Hunter Biden.
Rrod111401
SGV, LA, CA
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Jul 7 2022 06:27PM     link to this

Guys...its not really complicated.

US refineries are already at full capacity. So there is no way Biden can send the crude oil to US refineries because they already tapped. Again, US oil companies are not going to invest more money when they already making a killing. Why work harder to sell your product at a lower price because of increased inventory?

Biden admin thinks by selling the oil to other companies, this will bring down oil prices. But its not making a dent. Because .....this is a manufactured crisis by the world oil industry. There is enough supply.
wunanddun
City of San Diego, San Diego, CA
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Jul 7 2022 06:35PM     link to this

^ you act as if there's no futures market at all...
Rrod111401
SGV, LA, CA
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Jul 7 2022 06:39PM     link to this

Speculation is the problem.

We saw gas prices rise over a dollar in a week when the Russia war started. Not even hit with the impacts but already paying for it.
GoBallsDeep
Fullerton, OC, CA
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Jul 7 2022 09:49PM     link to this

^ And to think MA and Hey were the biggest morons on the site
We got a new contender for the top spot here with Hotroduphisass

Complete fucking idiot doesn't understand ANYTHING about markets and why we need them
In commodities and futures markets, you NEED a "speculator" to take the other side of the trade.
Otherwise, the producer has nobody around to lay off risk to
Fuck, we got nothing but muppet like pod people around here who can't be bothered to even try to use a neuron now and then.

Rod......buddy......you're a complete retarded idiot who shouldn't be allowed out of a small cage for fear that your stupid might the infectious.

Our fucking educational system is completely fucked that people like this nimrod fuckwit somehow got thru. What a waste of tax dollars, fuck.

GoBallsDeep
Fullerton, OC, CA
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Jul 7 2022 10:02PM     link to this

"US oil companies are not going to invest more money when they already making a killing."

More fucking stupid from this retard.
There's this thing called Google where you can find how many billions of dollars are reinvested in finding, developing and producing the next field so there's enough electricity for your dumb ass to post insanely moronic tripe.

Here you go, ya brain dead fuck....see the link for the average net profit margin for oil and gas last year...... 4.7%. May you choke on a lump of coal so that humans willing to think for themselves aren't infected with your mad cow disease.

Ugh, so disappointed that your parents didn't abort you.

Attached Links
https://www.investopedia.com/ask/answers/012015/what-average-profit-margin-company-oil-gas-drilling-sector.asp#:~:text=The%20average%20net%20profit%20margin,of%20the%20COVID%2D19%20pandemic.
Mr.Horndog
City of San Diego, San Diego, CA
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Jul 7 2022 10:26PM     link to this

↑ This guy watches Faux news all day and is pissed off at everything. He's also angry that his wife is cheating on him with a woke butch lesbian and now he's become a cuckold in the relationship.
Mr.Horndog
City of San Diego, San Diego, CA
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Jul 7 2022 10:46PM     link to this

Nice news source you cited jackass. Did you search the dark web for that? Another dumb conservative troll.
Mr.Horndog
City of San Diego, San Diego, CA
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Jul 7 2022 11:16PM     link to this

Gas prices seem to be decreasing now. Was anyone surprised that gas prices increased on the verge of WWIII? And overall people aren't driving as much as before the pandemic. Do you people actually want to drill more and swim in oil?

Attached Links
https://healthebay.org/oil-spill-in-orange-county-california/
DrBoogie
El Monte, SGV, LA, CA
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Jul 8 2022 03:55AM     link to this

I doubt that gas prices will be coming down very much.
Less driving due to the high gas prices is certainly contributing to keeping
gas prices stable.
It was predicated that the price will actually increase.
It appears that we are now in a recession.
Most of you voted for Biden, so you got what you deserve;
Inflation, high gas prices and enery costs, increased cost of living,
millions of illegals pouring across the border that you will be supporting,
uneducated and psychologically messed up children and more crime.23
And to top it off, there is more misery to come.
Lets keep voting for the Dems. They are awesome!
jackrabbit33
La Jolla, San Diego, CA
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Jul 8 2022 06:51AM     link to this

Here you go corndog...

More stories on the same topic.

It was also covered by Fox on primetime by Jesse Watters a few days ago.


You can be sure that any news source with sunken rating that you deem 'credible' WONT be covering this story.




Attached Links
https://www.breitbart.com/politics/2022/07/07/report-joe-biden-sold-nearly-one-million-barrels-from-u-s-strategic-petroleum-reserve-to-ccp-owned-oil-company-linked-to-hunter-biden-firm/
https://youtu.be/FvxlsZQPGRI
jackrabbit33
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Jul 8 2022 06:58AM     link to this

So to put that in perspective...

During an energy crisis with record high inflation and gas prices ( all self inflicted by this administration) Biden exported oil from the US strategic reserve to the world .

Roughly 1M barrels went to a Chinese state owned company that still has ties to Hunter.

How much does 'the BIG GUY' get on this deal?


lapierre
Seal/Sunset Beach, OC, CA
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Jul 8 2022 09:44AM     link to this

lotsa dumbfucks in this blog.
its a free market.

usa companies has oil to sell.

usa and foreign companies buys this oil.

its called capitalism

(they say the political curve bends so much on the far right, they are actually very close to the most progressive in political ideology)
GoBallsDeep
Fullerton, OC, CA
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Jul 8 2022 11:44AM     link to this

HEYIAMSIMPLE

"Nice news source you cited jackass. Did you search the dark web for that? Another dumb conservative troll."

Investopedia was just the first I found of hundreds of links AND it's not even political, you fucking idiot.

Then, you post a link that isn't even on topic?
Seriously........dummy.......you really need to stop masticating detritus
Makes your teeth brown and filters to whatever brain you might have left after getting your skull fucked by the Big Hanging Dick Society (and, yes I'm a member <-----see what i did there?)


PS pssst, every time you post, you simply prove once again that you're dumb as a rock
GoBallsDeep
Fullerton, OC, CA
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Jul 8 2022 12:06PM     link to this

"its a free market."

Only the futures and commodities markets are relatively "free".
The actual permitting, drilling, development is far from free as it's pretty much controlled by the Feds/States.

Not saying that's a bad thing cause there needs to be some regulation of all this but for the Biden admin to shut the whole thing down while China and Russia continue to build coal fired plants, etc. is incredibly dumb.

If Western companies do it, then it's going to be cleaner for the enviro than if the Socialists do it. There's almost no accounting for the enviro over there, so by shutting ours down, you're simply exporting the pollution to them and they don't give a fuck at all.

Again, Progs virtue signally and fucking everything up...........business as usual.

BTW, just finished "Woke, Inc." which led me to "Actively Unwoke", an appeal/roadmap for everybody to break the back of the Woke movement regardless of which party you belong to. The Woke (Progs) movement is about power, they don't give a fuck about race/color/gender/etc. They just want the authoritarian power to tell you how to live...........fucking Progs trying to rule the world.

Beat 'em, Fuck 'em, then kill 'em.............. :
AND, how to have fun while doing it! ))
There are 39 comments on this blog.