Biden to tap oil reserves in coordination with China, South Korea, Japan, India, and the UK (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
March 29, 2024, 09:04:42 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Biden to tap oil reserves in coordination with China, South Korea, Japan, India, and the UK (search mode)
Pages: [1]
Author Topic: Biden to tap oil reserves in coordination with China, South Korea, Japan, India, and the UK  (Read 2313 times)
Holy Unifying Centrist
DTC
Atlas Politician
Junior Chimp
*****
Posts: 5,201


Political Matrix
E: 9.53, S: 10.54

WWW
« on: November 23, 2021, 11:47:46 AM »


How is this a smart decision? Americans use about 20 million barrels a day. Tapping 50M of oil out of the reserves is barely going to do anything past a few weeks. All this is doing is making us less prepared for a black swan event or a similar emergency. All Joe Biden is doing this for is political gain and will do nothing to reduce long-term costs.

This is easily one of the worst moves the Biden administration has done.
Logged
Holy Unifying Centrist
DTC
Atlas Politician
Junior Chimp
*****
Posts: 5,201


Political Matrix
E: 9.53, S: 10.54

WWW
« Reply #1 on: November 23, 2021, 06:53:23 PM »


How is this a smart decision? Americans use about 20 million barrels a day. Tapping 50M of oil out of the reserves is barely going to do anything past a few weeks. All this is doing is making us less prepared for a black swan event or a similar emergency. All Joe Biden is doing this for is political gain and will do nothing to reduce long-term costs.

This is easily one of the worst moves the Biden administration has done.

How does that make it such a bad move? Your argument, as I understand it, is that this won't do anything. So why is it so bad?

My argument is that we need this oil for reserves in case of an emergency (e.g hurricane takes out oil supply, or war, or mass power failures, etc.) . Using up some of it just to mildly lower gas prices for a few weeks is a stupid and shortsighted move. Gas prices being up from last year is nowhere close to an emergency.
Logged
Holy Unifying Centrist
DTC
Atlas Politician
Junior Chimp
*****
Posts: 5,201


Political Matrix
E: 9.53, S: 10.54

WWW
« Reply #2 on: November 25, 2021, 10:50:28 PM »


How is this a smart decision? Americans use about 20 million barrels a day. Tapping 50M of oil out of the reserves is barely going to do anything past a few weeks. All this is doing is making us less prepared for a black swan event or a similar emergency. All Joe Biden is doing this for is political gain and will do nothing to reduce long-term costs.

This is easily one of the worst moves the Biden administration has done.

“The amount he’s releasing is so small it won’t make a difference, but it also leaves us grossly unprepared in event of an emergency.”

Ok

Notice how I didn’t say the second part of your sentence. Don’t put words in my mouth if you’re too brain dead to read.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.021 seconds with 12 queries.