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Thread: Obama may tap strategic reserves

  1. #11
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    Re: Obama may tap strategic reserves

    Quote Originally Posted by sawyerloggingon View Post
    When Bush 41 did it the reason was the gulf war interrupted oil supplies so he was within the law.

    When Bush 43 did it the reason was Hurricane Katrina had dramatically disrupted our oil supply so he was within the law.


    When Clinton did it the reason was the same as now, politics. He was outside the law and if obama does it he too will be corrupting the purpose we have oil reserves and Incidentally when Clinton dit it the price of oil fell for about 5 minutes, it didn't work.
    And in all cases, the primary reason was to settle the market. So its all good.

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    Re: Obama may tap strategic reserves

    Quote Originally Posted by sawyerloggingon View Post
    The law specifically states the reserve is for a severe oil shortage and we are not currently facing any shortage, what part of that can't you get?
    What does the law say about saying "Gee...maybe I'll do this" and letting the speculators do what they want with the information. It's an interesting theory that he's throwing the possibility, knowing that the whole market is based on speculation anyway.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Obama may tap strategic reserves

    Quote Originally Posted by rocket88 View Post
    What does the law say about saying "Gee...maybe I'll do this" and letting the speculators do what they want with the information. It's an interesting theory that he's throwing the possibility, knowing that the whole market is based on speculation anyway.

    Heres the exact law but it hasn't stopped obama, apparently he has opened the spigot, here we go.

    Why Did Obama Open the Strategic Petroleum Reserve? | RedState

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    Re: Obama may tap strategic reserves

    Heres a site you libs may like better. High crime, misdemeanor? hmmmmm

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    Re: Obama may tap strategic reserves


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    Re: Obama may tap strategic reserves

    "Call me suspicious," said Sen. Lisa Murkowski of Alaska, the ranking Republican on the Senate Energy and Natural Resources Committee. "The price at the pump has actually gone down from where we were six, eight weeks ago. What hasn't gone down are the unemployment numbers. What hasn't gone down are the shocks to the economy."

    "I do happen to think that this is a political shortcut, if you will, by the administration to change the focus of the discussion right now," she added. "And I think that's unfortunate. It's short-sighted. We should not be using the SPR for political uses."



    I couldn't agree more.

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    Re: Obama may tap strategic reserves

    Quote Originally Posted by sawyerloggingon View Post
    Heres a site you libs may like better. High crime, misdemeanor? hmmmmm
    So you want President Biden?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  8. #18
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    Re: Obama may tap strategic reserves

    Quote Originally Posted by rocket88 View Post
    so you want president biden?
    good point!!!!!!!!!!!!!!!! Lmao

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    Re: Obama may tap strategic reserves

    Another interesting quote from the article:

    Rep. Ed Markey of Massachusetts, the ranking Democrat on the House Natural Resources Committee, told reporters yesterday. "So I think to a certain extent this is a prophylactic action as well to prevent speculators from going back into the marketplace to drive the price up again over the summer."

    Kinda sounds like a Democrat interjecting the birth control controversy into the gas price issue…lol

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    Re: Obama may tap strategic reserves

    Quote Originally Posted by sawyerloggingon View Post
    "Call me suspicious," said Sen. Lisa Murkowski of Alaska, the ranking Republican on the Senate Energy and Natural Resources Committee. "The price at the pump has actually gone down from where we were six, eight weeks ago.
    Then what is it you guys have been having a fit over???

    BTW, I thought Murkowski was one of them RINOs that the TP hated.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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