(06-02-2025 12:13 PM)Redwingtom Wrote:  

(06-02-2025 12:00 PM)MemTigers1998 Wrote:  You just have to laugh at someone so stupid they’d believe Biden was smarter than Trump

Psst...outside of your bubble, the majority of the breathing world agrees that Biden was.

You dont even believe that

I'm guessing OPEC will do what they did during Trump's first term. Increase production to the point it eliminates/reduces American oil production/competition. Short term it is great for consumers, but long term not great for national security.

(06-02-2025 01:14 PM)RuckleSt Wrote:  I'm guessing OPEC will do what they did during Trump's first term. Increase production to the point it eliminates/reduces American oil production/competition. Short term it is great for consumers, but long term not great for national security.

Why is that bad? Ol' Foggy depleted most of our oil reserves to try to bring gasoline prices down so I assume they have to be replenished and right now would be the best time. Drill baby drill.

(06-02-2025 01:52 PM)olliebaba Wrote:  

(06-02-2025 01:14 PM)RuckleSt Wrote:  I'm guessing OPEC will do what they did during Trump's first term. Increase production to the point it eliminates/reduces American oil production/competition. Short term it is great for consumers, but long term not great for national security.

Why is that bad? Ol' Foggy depleted most of our oil reserves to try to bring gasoline prices down so I assume they have to be replenished and right now would be the best time. Drill baby drill.

Clueless as ever.

The SPR was NOT depleted. It has a minimum that cannot be crossed per law, and it wasn't.

The selling off of the SPR was due to acts of Congress...mostly inserted into GOP spending bills to curb lost revenue due to the very bills. Biden HAD to sell it regardless. Biden used that to lie about why we was doing it...to lower prices...but yes, it did lower prices, because it adds oil to the global market. Increased supply, lower cost. Econ 101. That being said, the lower prices were nominal.

Also, the president can't just buy oil to add to it...nor can he "drill baby drill" to get it. Congress has to approve the purchase for the most part...and they aren't doing it. IIRC, I'd have to go look it up, Biden did buy some back where he could when Congressional approval wasn't needed.

Congress also mandated the closing and selling off of the gas storage that was established in the northeast after Hurricane Sandy. Again, to pay for bills that decreased treasury revenue.

My gosh he's so immature.

(06-02-2025 01:52 PM)olliebaba Wrote:  

(06-02-2025 01:14 PM)RuckleSt Wrote:  I'm guessing OPEC will do what they did during Trump's first term. Increase production to the point it eliminates/reduces American oil production/competition. Short term it is great for consumers, but long term not great for national security.

Why is that bad? Ol' Foggy depleted most of our oil reserves to try to bring gasoline prices down so I assume they have to be replenished and right now would be the best time. Drill baby drill.

If OPEC pushes the crude price below a profitable level for American companies some will exit the market, some will delay future discovery development type projects, and some companies will go bankrupt. This is obviously what OPEC wants as competition is a hindrance to profit. Now, the government could aggressively start purchasing to refill the reserves when the price gets close to that danger point, but that would obviously only be a short term solution until the reserves are full.

I'm sure the democrat talking point is that Trump is just moving in on the softening up that Biden did on that a$$ kicking trip he made to the middle east to beg for more oil.

(06-02-2025 03:34 PM)RuckleSt Wrote:  

(06-02-2025 01:52 PM)olliebaba Wrote:  

(06-02-2025 01:14 PM)RuckleSt Wrote:  I'm guessing OPEC will do what they did during Trump's first term. Increase production to the point it eliminates/reduces American oil production/competition. Short term it is great for consumers, but long term not great for national security.

Why is that bad? Ol' Foggy depleted most of our oil reserves to try to bring gasoline prices down so I assume they have to be replenished and right now would be the best time. Drill baby drill.

If OPEC pushes the crude price below a profitable level for American companies some will exit the market, some will delay future discovery development type projects, and some companies will go bankrupt. This is obviously what OPEC wants as competition is a hindrance to profit. Now, the government could aggressively start purchasing to refill the reserves when the price gets close to that danger point, but that would obviously only be a short term solution until the reserves are full.

"If?" so it hasn't happened yet?

Everyone knows that oil prices fluctuate like the stock market. A business can't function on "if's".

I say buy the oil for the reserves and then buy the oil for the nation's needs with American produced oil. JMHO

(06-02-2025 10:16 AM)TripleA Wrote:  Here is the actual order:

1. Trump
2. Biden
3. Tom

FIFY
1 Trump
2. 3.2Billion Not Tom
3. Haiti
4. Andaman Island
5. Every Antifa Member and Wannabe
6. Rashida Tlaib, Ilhan Omar
7. Corey Booker and Joy Reid
8. Brennan, Comey, Milley, Bolton, Fauci
9. The cast of "The View"
10. Bono, Margaret Brennan, Lindsay Graham, Cocaine Mitch
11. Leticia James, Fani Willis, Alvin Bragg, Judge Engoran, Kagan, Sotomayor, and Brown.
12. My latest wet bowel movement
13. Tapeworms
14. Lemmings
15. Tom

I like your fix.

(06-02-2025 08:40 PM)BartlettTigerFan Wrote:  I like your fix.

LOL. So do I. That took a bit of effort.

(06-02-2025 08:44 PM)TripleA Wrote:  

(06-02-2025 08:40 PM)BartlettTigerFan Wrote:  I like your fix.

LOL. So do I. That took a bit of effort.

Yeah, I almost feel like we should tip him.

(06-02-2025 06:56 AM)TheOriginalBigApp Wrote:  

(06-01-2025 11:46 PM)JMUDunk Wrote:  So, gas.

Don’t feel like digging cause I know it’ll be mostly blather back and forth.

Tonight saw my first E85 gas pump. I think that label is correct(?).

.20 cheaper than typical regular, but claims it’s 88 octane, so “better” than the 87 reg. Yes, I do know octane is mostly an anti-knock additive so that didn’t impress me.

So, What is this stuff? Ima guessing a higher blend of corn oil ethanol? I’d perhaps run that in a diesel maybe, but a regular ride?

Any input on this? Ima thinking no chance in a newer computer car…

Unless you have a vehicle that specifically takes that sort of fuel, I'd avoid this. How much would you really "save"?

I did it once, within 25 miles the "Check Engine" light came on..Next tank had to use Non-Ethanol and the light went off. That stuff will f*ck up your engine.

Thx
That’s the info I was wondering about.

Saw it, didn’t trust it, used the stuff I usually do.

We also simultaneously got ethanol free, think I’ll run that as a one of three fill-ups.

Agree I’m not putting anything else in my chain saw, edger, etc. likely keep them clear of the gummy-ness

weren't we supposed to buy electric cars to help decrease our 'dependency' on OPEC oil?

Since the ones saying that are now destroying all the Tesla's, what are we supposed to do??

Hypocrisy.

(06-02-2025 02:01 PM)Redwingtom Wrote:  

(06-02-2025 01:52 PM)olliebaba Wrote:  

(06-02-2025 01:14 PM)RuckleSt Wrote:  I'm guessing OPEC will do what they did during Trump's first term. Increase production to the point it eliminates/reduces American oil production/competition. Short term it is great for consumers, but long term not great for national security.

Why is that bad? Ol' Foggy depleted most of our oil reserves to try to bring gasoline prices down so I assume they have to be replenished and right now would be the best time. Drill baby drill.

Clueless as ever.

The SPR was NOT depleted. It has a minimum that cannot be crossed per law, and it wasn't.

The selling off of the SPR was due to acts of Congress...mostly inserted into GOP spending bills to curb lost revenue due to the very bills. Biden HAD to sell it regardless. Biden used that to lie about why we was doing it...to lower prices...but yes, it did lower prices, because it adds oil to the global market. Increased supply, lower cost. Econ 101. That being said, the lower prices were nominal.

Also, the president can't just buy oil to add to it...nor can he "drill baby drill" to get it. Congress has to approve the purchase for the most part...and they aren't doing it. IIRC, I'd have to go look it up, Biden did buy some back where he could when Congressional approval wasn't needed.

Congress also mandated the closing and selling off of the gas storage that was established in the northeast after Hurricane Sandy. Again, to pay for bills that decreased treasury revenue.

SPR oil is sold competitively when the President finds, pursuant to the conditions set forth in the Energy Policy and Conservation Act (EPCA), that a sale is required. Historically, the President has authorized emergency releases from the SPR on four occasions

Easy look up on Google

This explanation is complete and utter Bullsh!t

Face facts Pinocchio Biden was clearly cognitively challenged

so Ralph lies again? whowouldathunkit

(06-02-2025 01:12 PM)shere khan Wrote:  

(06-02-2025 12:13 PM)Redwingtom Wrote:  

(06-02-2025 12:00 PM)MemTigers1998 Wrote:  You just have to laugh at someone so stupid they’d believe Biden was smarter than Trump

Psst...outside of your bubble, the majority of the breathing world agrees that Biden was.

You dont even believe that

No doubt. Biden wasn't even capable of running things.

(06-03-2025 08:33 AM)TheOriginalBigApp Wrote:  so Ralph lies again? whowouldathunkit

I mean this mega maga Politico article from 2023 was the first result of a search...lol

Biden Sells Off 1/2 of Strategic Oil Reserve

And, yet to hear Tommy tell it you would presume it was a coordinated effort.

This guy is as full of sh!t as a Christmas Turkey or Goose your preference

Typical internet engine search warrior to try to validate his biased or warped way of thinking

Unfortunately for him, anyone with an ounce of common sense sees right through his fabrications

Talk about trying to make Twister a straight line

(06-03-2025 09:00 AM)rath v2.0 Wrote:  

(06-03-2025 08:33 AM)TheOriginalBigApp Wrote:  so Ralph lies again? whowouldathunkit

I mean this mega maga Politico article from 2023 was the first result of a search...lol

Biden Sells Off 1/2 of Strategic Oil Reserve

Um, so I was right? I've been vindicated? LOL

I knew you guys would come to my rescue, I'm too lazy to do research, actually it's not important what Commie Red posts, he's usually lying.