Hello There, Guest! Registered users see far less ads! Register today and join our virtual tailgate. (Login — Register)

Post Reply 
News Trump quickly draining national oil reserves
Author Message
Original Sabretooth Offline
Hall of Famer
*

Posts: 10,818
Joined: Feb 2004
Reputation: 284
I Root For: BMFS
Location: Shady Thicket, GA
Post: #1
Trump quickly draining national oil reserves
New York — When he launched his presidential campaign in late 2022, then-candidate Donald Trump blasted his successor for aggressively releasing oil from America’s emergency stockpile ahead of the midterm elections.
“The strategic national reserves, which I filled up, have been virtually drained in order to keep gasoline prices lower, just prior to the election,” Trump said during his 2024 campaign launch at Mar-a-Lago, referring to President Joe Biden’s record-setting releases from the Strategic Petroleum Reserve (SPR).

But now, as voter frustration over high gas prices mounts, President Trump is draining the nation’s pile of emergency oil at an even faster pace than Joe Biden ahead of this year’s midterms.

Not only has the magnitude of SPR releases under Trump surpassed records, but the amount of crude left in the reserve is approaching the lowest levels since the early 1980s. Back then, the United States had a far smaller economy that consumed less energy
.






https://www.cnn.com/2026/05/28/business/...-emergency
05-29-2026 07:53 AM
Find all posts by this user Quote this message in a reply
Advertisement


TheOriginalBigApp Offline
Hall of Fame Inductor
*

Posts: 3,264
Joined: Jun 2013
Reputation: 500
I Root For: Appalachian
Location:
Post: #2
RE: Trump quickly draining national oil reserves
CNN 03-lol
05-29-2026 07:55 AM
Find all posts by this user Quote this message in a reply
UofMstateU Offline
Legend
*

Posts: 46,167
Joined: Dec 2009
Reputation: 4536
I Root For: Memphis
Location:
Post: #3
RE: Trump quickly draining national oil reserves
I see you are in full blown taint swallowing mode today.
05-29-2026 07:58 AM
Find all posts by this user Quote this message in a reply
TomorrowHerd Offline
Protecting the Northern Flank
*

Posts: 3,427
Joined: Aug 2003
Reputation: 306
I Root For: Pie!!!!
Location: Anchorage, AK

Donators
Post: #4
RE: Trump quickly draining national oil reserves
So...he is releasing the oil at very high prices... So he can refill it when this Iran crap stops and the prices plummet??
05-29-2026 08:09 AM
Visit this user's website Find all posts by this user Quote this message in a reply
UofMstateU Offline
Legend
*

Posts: 46,167
Joined: Dec 2009
Reputation: 4536
I Root For: Memphis
Location:
Post: #5
RE: Trump quickly draining national oil reserves
Also notice how the numbnuts left 2022 off of their graph in that link. Dont want anyone seeing how that year went down for sure.
05-29-2026 08:16 AM
Find all posts by this user Quote this message in a reply
Advertisement


gdunn Offline
Repping E-Gang Colors
*

Posts: 34,755
Joined: Oct 2011
Reputation: 3144
I Root For: Southern Miss
Location: In The Moment

Survivor Champion
Post: #6
RE: Trump quickly draining national oil reserves
(05-29-2026 08:09 AM)TomorrowHerd Wrote:  So...he is releasing the oil at very high prices... So he can refill it when this Iran crap stops and the prices plummet??

He tried that back in 2020 and the Dems shut it down, because they saw it as a hand out to oil companies, but thought we should refill it at $90/barrel cause that made sense.
05-29-2026 09:00 AM
Find all posts by this user Quote this message in a reply
b0ndsj0ns Offline
Legend
*

Posts: 30,774
Joined: Oct 2009
Reputation: 1636
I Root For: ECU
Location:
Post: #7
RE: Trump quickly draining national oil reserves
Of all the very valid hits on Trump this is the time you should be releasing the oil reserves. Now sure he unilaterally caused the conditions that forced the need to release the reserves, but under the current conditions they should be released.
05-29-2026 09:12 AM
Find all posts by this user Quote this message in a reply
gdunn Offline
Repping E-Gang Colors
*

Posts: 34,755
Joined: Oct 2011
Reputation: 3144
I Root For: Southern Miss
Location: In The Moment

Survivor Champion
Post: #8
RE: Trump quickly draining national oil reserves
(05-29-2026 09:12 AM)b0ndsj0ns Wrote:  Of all the very valid hits on Trump this is the time you should be releasing the oil reserves. Now sure he unilaterally caused the conditions that forced the need to release the reserves, but under the current conditions they should be released.

That's what the reserve is for, is during an oil crisis/crunch... Not for political points before a mid-term election... But I digress..
05-29-2026 09:15 AM
Find all posts by this user Quote this message in a reply
b0ndsj0ns Offline
Legend
*

Posts: 30,774
Joined: Oct 2009
Reputation: 1636
I Root For: ECU
Location:
Post: #9
RE: Trump quickly draining national oil reserves
(05-29-2026 09:15 AM)gdunn Wrote:  
(05-29-2026 09:12 AM)b0ndsj0ns Wrote:  Of all the very valid hits on Trump this is the time you should be releasing the oil reserves. Now sure he unilaterally caused the conditions that forced the need to release the reserves, but under the current conditions they should be released.

That's what the reserve is for, is during an oil crisis/crunch... Not for political points before a mid-term election... But I digress..

You digress with a point that confuses me. Biden starting doing SPR releases in March of 2022, right after the start of the Ukraine War on February 24th 2022, that caused an oil crisis at that time. Also yes happened to be a midterm election year. Trump has started doing SPR releases after the start of the Iran war on February 28th 2026, that caused an oil crisis currently, and that again also happens to be a midterm election year. I'm not seeing how one of these actions is obviously about political points and the other is about using the reserve as intended.
(This post was last modified: 05-29-2026 09:24 AM by b0ndsj0ns.)
05-29-2026 09:23 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2026 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2026 MyBB Group.