re: We have 17 days of oil left in reserves.

Send it all to Ukrane. We don't need it. Send the white flag of surrender up the pole. We give up.

We're a net exporter and world's largest producer of oil and we have 17 days of oil reserves in the event that 0 oil was produced

Sorry, not seeing the reason to panic

Where's it all going? Diesel is headed for the moon again. Certainly there isn't a surplus of that stuff laying around.

We're dumping the SPR and producing at record rates, and prices are on a moonshot. My simple brain does not understand.

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So releasing reserves in an attempt to curb rising prices is how we're going to force people to drive electric cars?

I don't think you've thought this extremely stupid hypothesis through very well

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I'm going to explain this to you Powerfart in baby terms, please follow along. Biden initiated a SHORT position in the summer of 2022 selling a shitload of reserves. Every SHORT position has to eventually be settled with a BUY order. Biden has yet to settle his open order (Sell/Buy). Crude is now $90 plus a barrel. When Biden does close out his position by re-stocking what he sold, all hell will break loose and we'll be on our way to $150 a barrel. OPEC+ knew this and let him buy his 2022 midterm votes, now it's time to pay the piper. I don't expect you to comprehend any of this, bless your little heart.

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Good thing we're continually producing oil then I guess

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At what point in that chart were we not continually producing oil? the question is why are we dumping cheap oil to artificially lower the price of gas while the government restricts every oil based operation? In the mean time our competitors use slave labor with no environmental restrictions to boost their gdp and reserves.

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Right now America is producing more oil than America has ever produced in its history to the tune of a million barrels a day more than the second highest year on record.

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while the government restricts every oil based operation?

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Again, 2023 will go on record as having produced more oil than any year in our history

If they're restricting every oil based operation they're doing a pretty poor job of it

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Everyone in a panic about this

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are the same people who were warning about an impending food shortage a year ago… which of course never came remotely close to materializing.

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Biden is doing everything he can to "fix" that short of gluing his hands to a tarmac.

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That’s a good one.

Biden is doing everything to fake his constituency into thinking that he’s cutting oil production. He picks legal fights he knows he will lose, and meanwhile our domestic oil production keeps increasing.

Almost no one on this board reads left wing journals, which is a shame because you can’t be a serious political thinker without reading the best of the opposition. I can tell you, they fret just as much as you do that “their side” is a bunch of simps who get bullied by the Republicans (who always stick together) and never get anything done.

If the Democrats actually did the things they say they want to we would be just as screwed as most on here think we are. But the energy insanity is mostly behind us. There is a broad consensus that solar and wind are a bust. And the wacky predictions of the global warming cabal are no longer believed by the critical mass.