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The Water Cooler
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Oil going north of $185?
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<blockquote data-quote="dennishoddy" data-source="post: 4247294" data-attributes="member: 5412"><p>Not right now before an election. Brain dead biden emptied the strategic oil reserves to keep the price per gallon low before the last election. When that ran out, he quietly allowed Venezuela to increase exports over the ban that Trump put in place. </p><p><a href="https://www.reuters.com/world/americas/us-easing-venezuela-oil-sanctions-response-election-deal-official-2023-10-18/" target="_blank">https://www.reuters.com/world/americas/us-easing-venezuela-oil-sanctions-response-election-deal-official-2023-10-18/</a></p><p>To keep gasoline prices low before this next election, expect the government to pull back as they already have on the future mileage goals for conventional vehicles and allow more oil from Iran and Venezuela to flood the markets. </p><p>Iran you say? Now you know why biden isn't supporting Israel. It's all about getting re-elected, damn our allies. </p><p></p><p><em>We have to destroy Hamas, but you cannot do it without confronting Iran. They need to change their policies. Iran only had $4 billion in the foreign exchange when [Biden] took office. They now have $70 billion. Iran only produced 400,000 barrels of oil a day when they — when Biden took office. They now produce 3 million. They’re getting billions of dollars to fund terrorism around the world.”</em></p><p></p><p></p><p></p><p><strong>— Rep. Kevin McCarthy (R-Calif.), </strong><a href="https://www.nbcnews.com/meet-the-press/video/mccarthy-house-dysfunction-is-embarrassing-for-the-republican-party-and-the-nation-196158533683" target="_blank"><strong>remarks</strong></a><strong> on NBC’s “Meet the Press,” Oct. 22</strong></p><p><em>“What is so infuriating is, over the last 2½ years, Joe Biden and the Biden administration have flowed nearly $100 billion to Iran. … The biggest pot of money deals with the refusal of the Biden administration to enforce oil sanctions. U.S. law puts tough oil sanctions on Iran. Biden came in, immediately stopped enforcing them. Today, Iran is selling 2 million barrels a day of oil. That has produced $80 billion, roughly, in revenue. That is funding these Hamas death squads. That is funding the rockets. That is funding terrorism.”</em></p><p></p><p>Now as Paul Harvey said many times.....You have the rest of the story.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4247294, member: 5412"] Not right now before an election. Brain dead biden emptied the strategic oil reserves to keep the price per gallon low before the last election. When that ran out, he quietly allowed Venezuela to increase exports over the ban that Trump put in place. [URL]https://www.reuters.com/world/americas/us-easing-venezuela-oil-sanctions-response-election-deal-official-2023-10-18/[/URL] To keep gasoline prices low before this next election, expect the government to pull back as they already have on the future mileage goals for conventional vehicles and allow more oil from Iran and Venezuela to flood the markets. Iran you say? Now you know why biden isn't supporting Israel. It's all about getting re-elected, damn our allies. [I]We have to destroy Hamas, but you cannot do it without confronting Iran. They need to change their policies. Iran only had $4 billion in the foreign exchange when [Biden] took office. They now have $70 billion. Iran only produced 400,000 barrels of oil a day when they — when Biden took office. They now produce 3 million. They’re getting billions of dollars to fund terrorism around the world.”[/I] [B]— Rep. Kevin McCarthy (R-Calif.), [/B][URL='https://www.nbcnews.com/meet-the-press/video/mccarthy-house-dysfunction-is-embarrassing-for-the-republican-party-and-the-nation-196158533683'][B]remarks[/B][/URL][B] on NBC’s “Meet the Press,” Oct. 22[/B] [I]“What is so infuriating is, over the last 2½ years, Joe Biden and the Biden administration have flowed nearly $100 billion to Iran. … The biggest pot of money deals with the refusal of the Biden administration to enforce oil sanctions. U.S. law puts tough oil sanctions on Iran. Biden came in, immediately stopped enforcing them. Today, Iran is selling 2 million barrels a day of oil. That has produced $80 billion, roughly, in revenue. That is funding these Hamas death squads. That is funding the rockets. That is funding terrorism.”[/I] Now as Paul Harvey said many times.....You have the rest of the story. [/QUOTE]
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