Trump said in his inaugural speech that his administration would replenish the SPR, though Energy Secretary Chris Wright has confirmed that it will take years to completely refill the reserves. In November, the DOE announced that…
Tag: Strategic Petroleum Reserve
Trump Authorizes Strategic Reserve Refill as Oil Prices Dip
Reports indicate that supplies are exceeding demand, which is a good sign for those of us who appreciate inexpensive and efficient fuel sources.
Biden: Make China Great Again
Guest “You can’t fix stupid” by David Middleton Did Biden really think cancelling the Keystone XL pipeline would force Canada to leave the oil in the ground? 20 January 2021…
Biden to drain more oil from SPR… Expects oil industry refill it for $68-72/bbl
Guest “Don’t underestimate Joe’s ability to [frack] things up” by David Middleton Despite Biden’s best efforts to destroy the US oil & gas industry, his dysfunctional Department of Energy expects…
Is the EIA fudging gasoline demand numbers to lower prices?
Guest “Not adding up” by David Middleton Personally, I do not think the EIA is fudging the numbers, at least not intentionally… But some numbers just don’t seem to add…
SPR Oil Shipped to China, India & Europe
Guest “No Schist Sherlock” by David Middleton Why Biden Sent American Oil To ChinaReuters reports that the U.S. sent 5 million barrels of oil to China, India, and Europe last…
Tapping the Strategic Petroleum Reserve: “A really futile and stupid gesture”
Guest “Let’s go Brandon!” by David Middleton Back before the shamdemic, the economy was booming, oil prices were rising and President Trump was about to slam the Iranian thugocracy with…
US responds to oil price crash by topping off the tank
Guest “thank you Mr. President” by David Middleton MARKET PULSETrump says U.S. to buy oil to fill up the Strategic Petroleum ReserveBy Myra P. SaefongPublished: Mar 13, 2020 President Donald…
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