Fookin' Demonrats, always looking for some way to further screw The People. So he releases oil from the reserve that was probably purchased at ~75.00/bbl. To replace what he releases, he's got to pay somewhere north of $100.00/bbl.
A million bbl/day isn't going to do squat to effect the price at the pump. Neither would 2 million because we all know the release is going to end, The price of oil will be unaffected. The price of oil is a complicated calculation that includes, among other things, what is the total supply capacity over the long term. Joe fooked us several ways there on day one of his installation. The only thing that's going to affect the price of oil/gas is to go back to Trump's energy policy. We all know that's NOT gonna happen.
Fuck Joe Biden!
ReplyDeleteWhy not produce our own oil, you know like when Trump in the White House?
ReplyDeleteIt will if we have to go to war...
ReplyDeleteFookin' Demonrats, always looking for some way to further screw The People. So he releases oil from the reserve that was probably purchased at ~75.00/bbl. To replace what he releases, he's got to pay somewhere north of $100.00/bbl.
ReplyDeleteA million bbl/day isn't going to do squat to effect the price at the pump. Neither would 2 million because we all know the release is going to end, The price of oil will be unaffected. The price of oil is a complicated calculation that includes, among other things, what is the total supply capacity over the long term. Joe fooked us several ways there on day one of his installation. The only thing that's going to affect the price of oil/gas is to go back to Trump's energy policy. We all know that's NOT gonna happen.
Nemo
They will have to take some oil off the market when they want to fill it back up, driving prices up higher.
ReplyDeleteMarines hit the beach but stall out because of running out of diesel. Thanks Joe Blow
ReplyDelete