Gas Prices Soaring Nationwide

Originally posted by: PJ Stroh

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I just point to facts, Boiler. 

 

Once again - You've had backpeddle your argument on this thread....just like you do every thread when I show you facts.

 

You've gone from saying it costs more money to refill the SPR to now conceding he's filling it cheaper....just not fast enough.  Like he should take 100% of the country's capcity to refill the SPR over the next month.    Sorry - if you want to cry about that, have at it.    

 

Truthfully there's no urgency to refill the SPR.   Its largely an antiquated relic from the 70's oil crisis.   We dont rely on Saudi oil anymore - that was the whole point of the US becoming energy independant.    Going forward the best use of the SPR is exactly as Biden used it.   To give the government a tool to bring down insane market prices.   If we need oil for a war we have our domestic supply to provide it. 

 

Besides, Thinderbird has closed down.  That was the only bar worth visiting in FOuntain Square.   but I'm glad you are going back to the city now.  I guess those BLM protestors must have settled down.

 

 

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Originally posted by: Kevin Lewis

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Are there any black people within three miles? Then Boiler ain't going there.

 

The SPR, as PJ points out, is a relic, and its best and highest use is as a tool to weaken oil company price gouging. But the question Boiler asks is stupid and pointless. There was an economic benefit to the American people from the release. If Boiler's "source" is accurate, and the release caused prices to drop by 10%, how much money stayed in the pockets of American consumers instead of going to the oil companies?

 

Boiler should put that one in his pipe and smoke it. I'm sure he'll do a 180.

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Originally posted by: Boilerman

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If we enter a war with Russia or China, the SPR would be important.  That's the sort of thing it was built for.

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Originally posted by: Boilerman

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I did not say he's filling it for less, but you did.  I would like a bet with you, as I believe it will cost more to refill, and you say less.  Sounds like a drink bet made in Heaven.

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Originally posted by: Kevin Lewis

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No, it wasn't. It was created when the Middle East supplied much more of our oil than it does now, so a crisis in that area--or an oil embargo--wouldn't affect us as much. Our domestic production is much higher now, so we don't need it for that or any other reason.

 

How much money did the releases from the SPR save the American consumer, Boiler? I notice you're dodging that question.

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Originally posted by: Boilerman

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Um, the oil embargo was due to a war.

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Originally posted by: Boilerman

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Um, the oil embargo was due to a war.

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Originally posted by: PJ Stroh

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Did we have domestic oil production on par with that of today?     Since you were alive then I know that you know the answer.   So....you're just pretending not to know?

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