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180
starsabove 180 points ago +180 / -0

Lol. Releasing 2.5 days of oil from the Strategic Reserve isn't going to lower prices at all. The Biden Regime's incompetence handed OPEC the most economic power they've had in decades.

105
mykillk 105 points ago +105 / -0

Yeah. Prices will probably go even higher now from production cut,

He also has vaporized good will with Saudi Arabia by selling SPR to two of their main customers of India and China. The same Saudi Arabia Biden has been relying on to produce more to control prices.

This admin is a fucking joke.

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deleted 31 points ago +32 / -1
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IamDevo 57 points ago +58 / -1

Every single thing this fraudulent administration does harms this country.

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slangin_paint 24 points ago +24 / -0

Possibly the most effective presidency of all time.

18
BidenLikesMiners 18 points ago +18 / -0

*the most efective presidency of chyyyna.

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trump4045 6 points ago +7 / -1

The amount of Chinese he has in his cabinet is disturbing. I think his FDA head is Chinese too.

4
deleted 4 points ago +4 / -0
1
HockeyMom4Trump 1 point ago +1 / -0

It’s impressive!

1
16BeatsAOne 1 point ago +1 / -0

More like defective.

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Nostracannibus7 10 points ago +10 / -0

Don't forget, we have to buy that oil back at 10x the price we originally paid for.

That oil is for emergencies, not for covering up bad policies.

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grenades_and_ham 4 points ago +4 / -0

It’s intentional. They’re enacting their carbon reduction policy in plain view.

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Endprism 3 points ago +3 / -0

Seems like that’s their goal

1
becky21k1 1 point ago +1 / -0

Can we sue them ?

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Throwmeaway1235 11 points ago +11 / -0

While withdrawing anti-missile shields and arming the terrorist Houthis who are lobbing Iranian missiles at them daily.

1
QLARP 1 point ago +1 / -0

Source?

11
JustHereForTheSalmon 11 points ago +11 / -0

Who could have foreseen such a thing, other than literally anyone who didn't jerk off during economics class?

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Nostracannibus7 5 points ago +5 / -0

That's what I used to think. And then I learned what Kenysian economics was and that they are teaching it in higher education of all places.

Every time I hear AOC speak about economics, I feel like Boston College should pay her student loans. It would be reparations.

10
Junionthepipeline 10 points ago +10 / -0

We could always ,gasp,let us use American oil.

5
HockeyMom4Trump 5 points ago +5 / -0

Just a year ago, we were energy independent. Life was good.

2
DicerningSword 2 points ago +2 / -0

Domestic producers are facing an onslaught from a hostile government and financial institutions..

Democrats are helping their secret cronies in the California oil industry and megacorp oil by destroying production, and capital investments through regulatory murder and then the fed and global banking cartels are pinching credit in the mid size and smaller producers so they cannot invest in increasing or even maintaining their current production..

5
SnowflakeJuice 5 points ago +5 / -0

The Saudi don't care about that. They got issues with Biden because the Biden Admin is undermining their security and supporting their enemies.

Biden Regime removed Patriot Batteries from SA. Removed Houthi Rebels, who launch missiles into SA from the terror watch list. Removed some sanctions from Iran who are SA arch enemies etc.

The Biden Admmin and the Dem Party in general have been infiltrated with Muslim Brotherhood operatives and sympathizers. A terrorist organization with aspirations for world domination. The Muslim Brotherhood is also a threat to the Saudi Royal Family.

So it's true the Saudis are no fan of Biden, but it has nothing to do with Biden selling oil from the strategic reserves

2
BoughtByBloomberg2 2 points ago +2 / -0

Btw Houthi embassy hostage situation? Still on going. Not a single media report about it except the NYP.

12
Equality72521 12 points ago +12 / -0

It's meant to keep them in check until Christmas. With his poll numbers dropping like lead they don't want people getting together and discussing the shocking price of oil and gas over the holiday.

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Brellin 10 points ago +10 / -0

This right here is the truth. The holidays are when families from all over travel to get together and talk with each other, the Biden Regime can't afford for that talk to be about how they've been utterly butt fucking the country in a way that literally cannot be ignored because everyone can see it whenever they go to the gasp pump or the grocery store.

2
trump4045 2 points ago +2 / -0

I still don't see why they care. It's not like they can vote against him...

4
Equality72521 4 points ago +4 / -0

They care because it influences what the DNC thinks they can pass legislatively (also known as what crimes they can get away with). Sure they may have the raw numbers to get it done but not necessarily without people pulling out pitchforks and torches and heading to the capital (figuratively speaking). Also, midterms are next year. Presidential ratings and popularity play a major role in congressional/senate re-election campaigns.

12
aKekabove 12 points ago +12 / -0

The globalist with OPEC and Biden planned all this to make you poor. Nothing happens by chance

11
anotherthing 11 points ago +11 / -0

This is the sign of a very weak President. It's happened before, I believe to Obama before fracking became wide spread. Also happened to Carter, which I think everyone that lived back then knows. OPEC knows how to twist the screws on weak U.S. Presidents.

Remember when OPEC was flooding the market with oil at the start of COVID, which was going to kill a bunch of U.S. oil companies? And Trump asked them to knock it off? Then they refused, and then changed their minds on the subject a day or so later? That's the sign of a strong President.

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Therightisright 3 points ago +3 / -0

Also happened to Bush, he was played like a fiddle by opec

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kilkidd 4 points ago +4 / -0

Bush was an actual idiot though

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ADAM_SCHITT 5 points ago +5 / -0

They want high gas and oil prices so people will be more accepting of solar/wind and electric cars. They are open about this.

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grenades_and_ham 4 points ago +4 / -0

🎯 It’s all deliberate.

That fagot Kenyan spoke openly of carbon reduction years ago. This is their policy.

1
DicerningSword 1 point ago +1 / -0

The Clowns in the Biden regime believe the bullshit there peddling the real players are exploiting clown world fuckery for all it's worth..

9
Forgototherpassword 9 points ago +9 / -0

Good thing he signed off on that Russian pipeline.

1
iamherefortheluls 1 point ago +1 / -0

once again, the US president doesn't "sign off" on a pipeline going from Russia to Europe through international waters.

US gets FUCK ALL say in the matter because nothing about that pipeline involves US

The self-entitlement of some of you people is staggering. Sometimes I read shit like this and China stomping their fat boot on US ass suddenly has a silver lining - at least certain people in US might learn what its like to have some foreign country on the other side of the globe, thinking it has the moral authority to be 'signing off' on when you take a shit.

4
mygovisacommie 4 points ago +4 / -0

Here, take a look at my cards, think I can win with this hand? lmao

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conservativefrank 83 points ago +83 / -0

The end result is no change in oil supply while we ship our reserves to China and India.

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deleted 27 points ago +27 / -0
9
Kekintosh2020 9 points ago +9 / -0

Best investment ever for them

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deleted 7 points ago +7 / -0
1
JESUSJUGS 1 point ago +1 / -0

Kek

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NoFakeNewsCommies 7 points ago +7 / -0

The ultimate goal is to empty the reserves so we can "fully switch" to renewable energy. It's a 50+ year plan but they want to accelerate it anytime they can

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MAG_n_KAG 30 points ago +30 / -0

Biden: "Ha! Jump."

OPEC: "Quadruple jump. King me, bitch."

15
Filo76 15 points ago +15 / -0

Biden out there playing tic-tac-toe and OPEC is playing chess.

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Mythologick 11 points ago +11 / -0

Bullshit they’re working in concert. The globohomo fucks are working overtime to destroy America. If course isn’t corrected by the citizens then I think they’ll accomplish it within 4 years.

2
BidenLikesMiners 2 points ago +2 / -0

*tic tac sniff, and theyre playing golden hop skotch.

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vatrump2020 24 points ago +24 / -0

No shit this is what they do everytime. In the 80s after they pissed us off oils was down to single digits because they feared we would drill after they pissed us off. They are playing a long game which we had beaten them at until Biden forfeited.

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deleted 14 points ago +15 / -1
16
JoinTheDiscussion 16 points ago +17 / -1

Bingo, this is just another cut at weakening our defense

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deleted 5 points ago +7 / -2
2
Junionthepipeline 2 points ago +2 / -0

Get involved in local politics. Get on the gop local level.start flooding politicians with mail.call them out in public.prepair for armageddon.

13
Tramsec 13 points ago +14 / -1

Did Biden forget to tell our enemies how much that would hurt us and ask them politely not to?

6
BidenLikesMiners 6 points ago +6 / -0

biden has asked the talibans to plz gibbs us free fuel

2
cook_does 2 points ago +2 / -0

I guess he didn't sit down and tell them the 15 strategic places they shouldn't hit

12
Herecomedatpresident 12 points ago +13 / -1

Hmmm it's almost as if we should be energy independent or something.

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IvermectinWorks 9 points ago +11 / -2

Good grief. How did we lose to such stupid people?

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VoidWanderer 19 points ago +19 / -0

Cheating and holding enough other positions from said cheating over the years to push it through and hinder any and all attempts to even investigate the cheating.

12
Demijinx 12 points ago +12 / -0

We didnt, and they're not, respectively.

7
LiskaEman 7 points ago +7 / -0

We didn't. They stupided their way into the whitehouse on the ignorance of a bunch of fucking idiots who want to pat themselves on the back for "saving the country"

1
hdhd66 1 point ago +1 / -0

Yet all of the supposed Trump voters watch while it happens? Lol yeah I don’t think so. How is everything woke af if Trump won?

1
TheImpossible1 1 point ago +1 / -0

ESG.

4
BidenLikesMiners 4 points ago +4 / -0

dominion]

: the power to rule : control of a country

3
suckmycorona 3 points ago +3 / -0

Complacency

7
Cesare_Borgia 7 points ago +7 / -0

The increase in the price of oil is mostly due to inflation. Other countries want more printed dollars for their oil, and rightly so since we'll never stop printing.

The same was true for the huge increase in the price of oil during the so called oil shocks of the 70s. This was also almost purely because of the abandonment of the gold standard. The oil exporting countries, of which we were not any longer, wanted more dollars for their oil since it could no longer be redeemed for gold.

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IvIA6A 5 points ago +5 / -0

We sold all that oil to china (emptying our strategic reserve) and the global response is to tighten production to hurt us. Someone needs to wake up sleepy Joe, but we all know it's on purpose

2
QLARP 2 points ago +2 / -0

We sold all that oil to china (emptying our strategic reserve)

All of it?

1
IvIA6A 1 point ago +1 / -0

Not all of it, no

https://www.foxbusiness.com/politics/oil-reserves-released-biden-expected-china-india

18 million of the 50 will be sold. We shouldn't be selling any of it, because now OPEC is decreasing production. Trump filled the reserve while prices are low and now Biden is raiding it to cash in and make it appear he is helping.

-1
QLARP -1 points ago +0 / -1

How much should a gallon of gas be?

1
IvIA6A 1 point ago +1 / -0

Excuse me?

1
QLARP 1 point ago +1 / -0

How much should a gallon of gas be?

When you put in all of the factors to get it out of the ground and transportation.

1
IvIA6A 1 point ago +1 / -0

That's a better question for an economist and since I'm not a commie and I'm not advocating price controls, I don't know what that should be. I'm only saying if you create more favorable conditions you wouldn't need to worry about pricing and inflation. The conditions we had a year ago, when people were doing well and the middle class wasn't getting crushed by day to day expenses.

1
QLARP 1 point ago +1 / -0

Yeah we were doing great a year ago lol

4
SteamyRayVaughn7 4 points ago +4 / -0

We all know the push to empty our reserves has nothing to do with lowering gas prices, and everything to do with depleting them to cripple us. China is at war with the world and this is the only way they’ll stand a chance if we literally can’t power our vehicles, tanks, planes, etc.

4
13mizzou 4 points ago +4 / -0

This is the plan all along. Force prices so high more Americans decide they can't afford gas and buy electric cars

2
AlexLucian 2 points ago +2 / -0

Can’t even buy an EV with the supple chain problems. What they’re doing is conditioning the American public to accept a lower standard of living. That’s the end goal with these evil idiots.

3
cook_does 3 points ago +3 / -0

Check and mate 6.00/gallon by Christmas

3
suckmycorona 3 points ago +3 / -0

He really is a fucking idiot

3
f_bastiat 3 points ago +3 / -0

Remember that time Trump TWEETED they need to lower gas prices and we ended up with under $2 a gallon? Pepefarm remembers.

3
MAGA_____bitches 3 points ago +3 / -0

Lets give Russia and China our nuclear launch codes and maybe they will give us theirs????

2
ukfan758 2 points ago +2 / -0

Resident Biden is too retarded to realize how gas prices work, basically they’re a rocket for increases and a feather for decreasing. There is tremendous upward pressure for refineries and gas stations to increase prices, which is why any negative news such as the OPEC cartel deciding to cut production or pipelines shutting down causes prices to skyrocket very quickly. Nothing is stopping them. In contrast if good news happens, it takes forever for prices to decrease because gas is bought on futures markets (so gas stations will sell their gas at the price they bought it at months ago) and there is very little downward pressure to decrease prices. Gas is also inelastic, meaning prices based on demand and supply doesn’t have an impact because people will continue buying it because they have to.

All in all this 50 million barrel release might have shaved a like 2-5 cents off in the long term implying supply and demand remained the same and no negative news occurred, but that just got evaporated by news that OPEC might cut production. And prices will skyrocket if OPEC actually cuts.

2
2024isNOW 2 points ago +2 / -0

Fuck Joe Biden. He gave our power away to appease the climate hoax losers. He might have to deal with starving masses for real before his administration ends.

2
Patriotedd 2 points ago +3 / -1

How ya gonna fill those reserves back up now, Mr. teleprompter president? You're a frickin traitorous idiot. And my so called "Conservative representatives" from Arkansas are too cowardly to open their pieholes to do anything about it.

2
CensoredByMarxists 2 points ago +2 / -0

The US is devoid of any global influence and headed toward becoming worse than a third world country. It's all downhill from here.

2
magamagamaga123 2 points ago +2 / -0

Remember when all Trump had to do was tweet at opec to lower prices and they did?

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Daybill1 2 points ago +2 / -0

Trump owned these fools, now they own Biden. Pathetic.

2
JoinTheDiscussion 2 points ago +2 / -0

They know they have that old mans sagging balls in their hands

2
BirthHole 2 points ago +2 / -0

God damn how dumb are ppl. It's a fucking grift. They are selling the oil to pocket the money for themselves.

Its fucking malfeasance & theft.

2
findthewarmspot 2 points ago +2 / -0

Even though it hurts us, I’m laughing cuz Biden is such a fucking moron.

1
grenades_and_ham 1 point ago +1 / -0

He’s an empty vessel. A puppet head saying whatever is on the teleprompter.

2
TwelveMoreYears 2 points ago +2 / -0

Hahahaha. Based Arabs.

2
spezpedobestfriend 2 points ago +2 / -0

It's almost as if electing a Great Reseter into office who wants to destroy oil is making oil producing countries, that rely on oil, to declare economic war against said President to destroy the World economy to get said President impeached so that they can sell oil again.

I hate to say it, but fucking assholes in man dresses are doing more to ensure US Democracy than actual US citizens. This is an attack against the Great Reseter Western politicians. Russia right now is supplying no natural gas to Europe, during Winter.

2
AbsurdOpinion 2 points ago +3 / -1

If only we had a supply of oil outside of OPEC... a supply that would make the US energy independent and indeed one of the largest exporters of oil.

Oh wait, we had that under Trump. Biden killed it, along with 10's of thousands of jobs.

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Junionthepipeline 3 points ago +3 / -0

Hundreds of thousands of jobs

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chuckachookah 2 points ago +2 / -0

This guy isn’t even able to play checkers, much less chess, much less any comprehension of global economic moves. And even if he did, no balls to make real moves.

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escariot 2 points ago +2 / -0

That’s what happens when you put a dementia patient in depends in the White House.

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papa_newguineapig 2 points ago +2 / -0

Biden is a paper handed bitch, change my mind.

1
FragoDelight 1 point ago +1 / -0

Sometimes I start to think imperialism is underrated. Park a couple carrier battle groups over there and crack some skulls. Or even better, don’t hobble ourselves by screwing domestic production - unplug NA from OPEC and let Europe fend for itself (sorry guys).

1
KungPaoMcChicken 1 point ago +1 / -0

Rofl. Fuck Biden.

1
d3plor4ble 1 point ago +1 / -0

Biden won't recognize Muhammad Bin Salman as the rightful ruler of Saudi Arabia, because they killed his double-agent, Kashoogi. So Saudi Arabia is trying to make the price of oil as high as possible to hurt Biden, and Putin is totally 100% on-board with that shit. Fuck Joe Biden means fuck America, to them.

1
no_money 1 point ago +1 / -0

This was entirely predictable.

1
CrustyCumBollocks 1 point ago +1 / -0

Could you imagine begging someone for food when you've got a fridge full of food at home?

Yeah well, this is how this feels...

1
RogueLeaderX 1 point ago +1 / -0

Biden’s move with the reserves was just for positive press. No effect what so ever.

1
nomoreprinkles 1 point ago +1 / -0

Honestly good. Fuck JB

1
Injustice 1 point ago +1 / -0

As they should this isn't a long term plan just a short term solution with a limited viability

1
EpsteinDidntKillHS 1 point ago +2 / -1

Someone please just start this war

1
QLARP 1 point ago +1 / -0

Looool

1
Tokyo20DrinkingGame 1 point ago +1 / -0

I used to hate OPEC when I was in college (not a liberal one fyi). I thought they ran the world and could do whatever they wanted, and usually they did. But then I realized that the supply and demand is more important to them than any specific ideology. They're in it to make money just like any other capitalist resource. Finally in the late 2000s-early 2010s we were able to finally get a leg up on them, and by 2017 or so they were limited in their ability to really affect us. Horizontal drilling/fracking really allowed us to become energy independent, so long as government stays the hell out of the way.

But this administration hates that, because their power and control is solidified in large part because of the heavily-subsidized green energy sector. They NEED them to succeed; however, the electric cars/batteries/infrastructure is too expensive if you put them head to head vs. traditional fossil-fuel transportation and industry, and consumers choose the cheaper product by a wide margin. Enter the long dick of the federal government, here to fuck anyone that dares stand in the way of the green energy faggots who donate to the Democrats and keep their retirement gravy train rolling.

1
16BeatsAOne 1 point ago +1 / -0

POTATUS continues to make the US a laughing stock.

1
Ullyr_Atreides 1 point ago +1 / -0

Lmao, this is awesome. 2021 is so goddamn entertaining.

1
Nibba 1 point ago +1 / -0

I have not heard OPEC running the show this hard since the late 90's. Thats all you heard about. Now we are right back there.

1
My2Cents 1 point ago +1 / -0

Biden is playing 1-dimensional Chutes and Ladders, while they are playing chess.

1
Txiribiton 1 point ago +1 / -0

Obvious move when you are the only producer.

1
Okie_Life 1 point ago +1 / -0

BRB, going to buy some barrels and make my own strategic reserves since our government doesn't even know our consumption rates.

2
BidenLikesMiners 2 points ago +2 / -0

buy some ev strategic reserves

1
ShitOfPeace 1 point ago +1 / -0

The only solution is to bring the pipelines back on line.

Doing anything else is stupid.

1
WinterSoldier82 1 point ago +1 / -0

🛢️🇸🇦 💰Flush With Cash, Saudi Prince Snubs Biden and Sends a Message. Biden Sells US out to drop Gas Prices. Chyna is not the biggest enemy after all.

https://patriots.win/p/140JFPzl3u/-flush-with-cash-saudi-prince-sn/

1
WinterSoldier82 1 point ago +1 / -0

But the kingdom’s day-to-day ruler didn't budge despite the overtures from American diplomats. Prince Mohammed was more worried about oil’s supply and demand fundamentals than the political needs of Washington. But if Biden wanted cheaper gasoline, the prince had his own wish list, including something he hasn’t yet got from the current White House -- access.