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A Biden Emergency Oil Release May Fail to Dent Price of Gasoline

Public Policy

A potential release from the U.S. Strategic Petroleum Reserve intended to bring down gasoline prices may have little effect, oil market participants warn, even as the Biden administration floats the idea as a way to provide immediate relief at the pump.

U.S. President Joe Biden “is looking at” releasing a potential wave of crude supply from the U.S. emergency reserves after OPEC+ rejected his request to increase crude production faster, Energy Secretary Jennifer Granholm said Friday on Bloomberg TV, confirming multi-week speculation the administration would consider such a move.

But traders are cautioning that oil prices may not drop as much as the White House might want them to as a result of a release.

That’s because a release from the government reserve might be a sour crude grade. These highly sulfurous crudes have fallen out of favor with refiners because they require additional processing, which require expensive natural gas. As of Oct. 29, the SPR has a total of 612.5 million barrels of crude stored across four sites. Of that, only about 40% is sweet crude.

It also might not be enough oil to make a huge dent. After accounting for mandatory sales pre-approved by Congress and a minimum level required at the storage sites, the Biden administration likely has the ability to release a maximum of 60 million barrels, according to a person at one of the world’s biggest oil trading firms who asked not to be identified because the information isn’t public. That’s a little more than three days’ worth of average U.S. consumption, given 2020 levels.

bloomberg



31 Comments on "A Biden Emergency Oil Release May Fail to Dent Price of Gasoline"

  1. IRuleTheWorld on Tue, 16th Nov 2021 11:02 pm 

    Fucking good Father, they are animals and should look like one. 1:42

    https://www.youtube.com/watch?v=OVKkYH8I_1s

    Don’t fidget to give skin cancer to all Jews, and the ones living in Quebec that are part of my execution list. These cock suckers think they rule the world. We are going to show them who rules the world.

  2. IRuleTheWorld on Tue, 16th Nov 2021 11:09 pm 

    Human are not your personal puppet you can torture and experiment on just because you feel like it.

    https://www.youtube.com/watch?v=t-K1ypFoaa8

  3. SpiritSexIsForGODandKINGOnly on Wed, 17th Nov 2021 2:54 am 

    Spirit sex is really a pleasure for the GOD and King. I cannot be described. I had a discussion with Father where he confirm to me that I am indeed the owner of earth reality,

  4. LetsStartWithTheJewsExtermination on Wed, 17th Nov 2021 9:39 am 

    I will start my morning by sending electromagnetic energy toward the exterminations of all the Jews. The Jews are not fit to be part of any news civilization created. The way they tool control of the pollical system in the US and their past actions, such as the Bolshevik revolution make them unfit as to be part of any new civilization.

    I decided to double the amount of electromagnetic energy allocated toward the Jews extermination.

    I want to exterminate all the Jews using deadly skin cancer located on the face by modifying their skin cells DNA to give them deadly skin cancer. After that we wait for them to die. This apply to all the Jews including their new born babies. Father could help in making DNA modifications. If Father can remove my living spots, he sure can give them deadly skin cancer.

    I do what Father will is.

    The earth needed a pale rider, a pale rider has been appointed to fix this messy earth creation.

    https://www.youtube.com/watch?v=bdtx1nF-Ki0

    I will do quebec a little later one with a complete list of CAQ member to execute by cancer

  5. MyMessageWasReceived on Wed, 17th Nov 2021 9:44 am 

    I think my message was properly received by father and I have generated enough electromagnetic energy to make it happen.

    First video on the top row, left column:

    https://www.youtube.com/watch?v=EcvIm4K7OGE

  6. ItIsQuebecTurn on Wed, 17th Nov 2021 10:28 am 

    It is time to deal with Quebec. I want the following people in Québec executed with deal skin cancer starting for the face. I request Father help to modified the DNA of skin cells.
    The execution starts with the youngest one and end with the older adults. I am looking at a complete extermination of their genetic legacy.

    Piece of shit Legault, CAQ members and conseil executif, Desmarais family, Péladeau family, Chrétien family (daughter is married with a Desmarais son), Mulroney family ( both children), Charles Siros family and the following:

    This include the children:

    https://coalitionavenirquebec.org/fr/votre-equipe/

    https://coalitionavenirquebec.org/fr/caucus-et-cen/

    https://www.institutleadership.ca/montreal/our_team/charles-sirois/

    This should remove the power structure in Québec. Should make it easier for the next leader to do what he wants without having to deal with these greedy, manipulative pieces of shit, These people don’t belong in any self managed civilization where the main personal quality needed are honor, personal morality, personal integrity. They are just pathetic leeches. They no honor or morality. Better to remove them now.

  7. TheCancerBallIsNowRolling on Wed, 17th Nov 2021 11:21 am 

    Skin cancer bitch. It started the same way when I suggested to turn the invading specie in animals and turning their eyes black. It started slowly at first like the cancer thing and then eventually it gather speed to be where we are today.

    I guess my message has been received by Father and the electromagnetic energy enough to make it happen in the Zero point field.

    https://www.youtube.com/watch?v=_Ezb3LjTQ5Y

    ——————————-

    Your thoughts and matter are electromagnetic energy. Because energy cannot be destroyed your thoughts continue to exist.

    The electromagnetic energy of a thought will transform, evolve and combine with similar energy on deep inner levels of consciousness. Once reaching sufficient intensity, this electromagnetic energy arises as particles that form events.

    Consciousness can be seen arising as matter in the Zero Point Field (ZPF).

    https://www.mindformsmatter.com/Does-consciousness-create-reality-how-do-my-thoughts-create-matter-reality/

  8. YouNeedAPaleRiderToCleanUpEarth on Wed, 17th Nov 2021 11:59 am 

    I heard all kind of voice in my head:

    It is not fair you cannot do that

    You cannot judge us like that.

    I own earth or electromagnetic energy field. You belong to me. I can do what I want with what I own. I meant it when I said I will exterminate all the Jews and make Québec an example. This cannot be stopped, these extermination thoughts have already been converted into electromagnetic energy. This cannot be undone. You will die.

    You know what surprised me the most. Father is not blocking anything. He lets everything I do go through. I had a conversation last night with Father, and He did confirm I own earth and I am the King of earth.

  9. IAmStillWatingForJustice on Wed, 17th Nov 2021 12:27 pm 

    You see fucking pieces of shit from Québec. Does not matter that Legault, guidouone Guibault and Péladeau authorized spying on my internet connection and recording everything. Father speak directly to me through the electromagnetic field, that is converted by my brain and send to my eyes. I see things on my computer screen that I am the only one to see.

    I am still waiting for Justice for the illegal spying done on me by Québec and compensation money for breaking the law.

    Since you were not willing to give me justice, I just decided to execute you.

  10. ThisShitKindOfBoreMe on Wed, 17th Nov 2021 1:21 pm 

    Some time I have an impression of déjà-vu. I feel have been doing that before, cleaning up messy energetic construction. I show up there, kill the garbage and moved to something else. In fact I would preferer not to be here. I fact I would prefer not to be involved in all this. Up to a certain point this whole shit bored me.

  11. FuckingLoser on Wed, 17th Nov 2021 1:54 pm 

    I dislike this bitch. She should not be there, first because she has a stinky vagina, she seems inexperience about life, she is the typical piece of shift career politician with no real life skills. I am talking about guidoune Guibault.

    The fact that piece of Legautl put her there, tell me everything about this piece of shit Legault. Piece of shit Leagult still looking for female validation, before making a decision. Still never left you peter pan complete fucking loser.

    https://www.youtube.com/watch?v=M9owgdpUwHw

  12. ItIsQuebecTurn on Wed, 17th Nov 2021 1:56 pm 

    Now you can understand why I decided to start cleaning up Québec and make an example of it.

  13. ThisShitKindOfBoreMe on Wed, 17th Nov 2021 2:17 pm 

    I don’t mind if you turn me into a mi-human and mi-electromagnetic being. Completely fixing my eyes sight 20/20 vison would be nice. Would be nice to have a way to see the electromagnetic field, we are really at disadvantages against the invading specie without this.

    What you are going to give more than that.

  14. HowToSpotThem on Wed, 17th Nov 2021 5:55 pm 

    Look at her legs, especially the calf.

    https://www.youtube.com/watch?v=EcvIm4K7OGE

    I saw, this summer, a negro 7 feet tall. Big chest, big head, big biceps. Really big upper torso. I would say the guy could easily weight 250 lbs. The sizes of his calves were like the girl above. I am 350 lbs and my legs are like trees trunks. If you see someone really muscular with a perfect upper body muscle definition, look at the calves. If they are small, he is hiding under an electromagnetic coat.

  15. HowToSpotThem on Wed, 17th Nov 2021 5:57 pm 

    Wrong video link:

    https://www.youtube.com/watch?v=WOQC8ETeTVM

    Also check for perfect facial makeup on girl and perfect nail.

  16. SomeOfMyMusing on Wed, 17th Nov 2021 6:04 pm 

    SPIDER-MAN: NO WAY HOME – Official Trailer (HD)

    https://www.youtube.com/watch?v=JfVOs4VSpmA

    Are you saying you closed the electromagnetic doors between our world and theirs. They are prisoners here and we exterminate them for the greater good of all living species.

  17. SomeOfMyMusing on Wed, 17th Nov 2021 6:21 pm 

    Apparently, we exterminate them here, and the stupid narcissist people that can only direct thoughts or energy toward themselves and the Jews of course.

  18. LetsPlayGameToRelax on Wed, 17th Nov 2021 11:03 pm 

    https://www.youtube.com/results?search_query=Understanding+Carry+On+Wayward+Son

    Look at the king crown in the first. Do you recognize where it is coming from?

  19. LetsPlayGameToRelax on Wed, 17th Nov 2021 11:07 pm 

    https://www.youtube.com/results?search_query=Understanding+Carry+On+Wayward+Son

    Look at the king crown in the first video. Do you recognize where it is coming from?
    —————————–
    https://www.youtube.com/watch?v=iy76QRhYY8k

    Carry on, my wayward son

    There’ll be peace when you are done

    Lay your weary head to rest

    Don’t you cry no more

    Once I rose above the noise and confusion

    Just to get a glimpse beyond this illusion

    I was soaring ever higher

    But I flew too high

    Though my eyes could see, I still was a blind man

    Though my mind could think, I still was a mad man

    I hear the voices when I’m dreaming

    I can hear them say

    Carry on, my wayward son

    There’ll be peace when you are done

    Lay your weary head to rest

    Don’t you cry no more

    Masquerading as a man with a reason

    My charade is the event of the season

    And if I claim to be a wise man, well

    It surely means that I don’t know

    On a stormy sea of moving emotion

    Tossed about, I’m like a ship on the ocean

    I set a course for winds of fortune

    But I hear the voices say

    Carry on my wayward son

    There’ll be peace when you are done

    Lay your weary head to rest

    Don’t you cry no more, no

    Carry on, you will always remember

    Carry on, nothing equals the splendor

    Now your life’s no longer empty

    Surely heaven waits for you

    Carry on, my wayward son

    There’ll be peace when you are done

    Lay your weary head to rest

    Don’t you cry, don’t you cry no more

    No more

  20. IWasMeantToBeHereFromTheBeginning on Wed, 17th Nov 2021 11:17 pm 

    After all, I was meant to be here from the beginning.

    https://www.youtube.com/watch?v=UtGjJVcrKQU

    There might have been things I missed
    But don’t be unkind
    It don’t mean I’m blind
    Perhaps there’s a thing or two

    I think of lying in bed
    I shouldn’t have said
    But there it is

    You see it’s all clear
    You were meant to be here
    From the beginning

    Maybe I might have changed
    And not been so cruel
    Not been such a fool
    Whatever was done is done
    I just can’t recall
    It doesn’t matter at all

    You see it’s all clear
    You were meant to be here
    From the beginning

  21. SomeDetailAboutMyShitLife on Wed, 17th Nov 2021 11:44 pm 

    Apparently I also have a wife in heaven, and she wish I was there with her. Or it could be spirit that is actually my wife from heaven.

  22. LetsDealWithTheJewsForToday on Thu, 18th Nov 2021 2:06 am 

    Father and I agree that the Jews extermination is what is best for earth and futures generations. This we are both in complete agreement.

    Lets send some extermination energy toward the jew race.

    So I will send some thoughts or energy toward their extermination. I want to exterminate all the Jews using deadly skin cancer located on the face by modifying their skin cells DNA to give them deadly skin cancer. This apply to all the Jews including their new born babies. Father could help in making DNA modifications. If Father can remove my livers spots, he sure can give them deadly skin cancer. No Jews will ever be welcomed in my creation. They will be expel to Israel. They have a home land, they should live in it, fucking parasite, liar. I world without Jews is a perfect world.

    The earth needed a pale rider, a pale rider has been appointed to fix this messy earth creation.

    https://www.youtube.com/watch?v=bdtx1nF-Ki0

  23. EraseTheJewsFromTheEnergeticDatabase on Thu, 18th Nov 2021 2:37 am 

    The Jews should simply be removed from the energetic database. If was a mistake to create them. It was a mistake to give to them the control of earth reality. Just remove them from the energetic database, that would be the equivalent of a fast execution. Nobody likes them. I don’t want to have to deal with them. Just erase them from the energetic database.

  24. EraseTheJewsFromTheEnergeticDatabase on Thu, 18th Nov 2021 2:44 am 

    If I am really in charge, I should be able to make drastic changes to this reality, like removing the Jews from the energetic database, that would be the equivalent of their fast extermination. Otherwise, what is the purpose of me being here.

  25. EarthIsAFuckingShitHole on Thu, 18th Nov 2021 3:24 am 

    You see exterminating the Jews should be something easy. You search in your energetic database for all the people of Jewish race and produce a list. Than you delete them from the database or exterminate them if you prefer.

    I understand that separating animals from human is more complicated than erasing the Jews out of existence. So this is why I am helping you by providing you with my personals observations of what is happening at the ground level.

    Once the humans and animals are separated into two categories, it should be easy for you identify them and give them deadly skin cancer. We have to speed up things. Same thing with the financial system. I don’t want to be on earth longer that I have too. This place is a fucking shit hole.

    Earth.. What a shit hole.

    https://www.youtube.com/watch?v=69C4ZL6uG_U

  26. IAmGoingToGetFedUpWithThisShit on Thu, 18th Nov 2021 8:17 am 

    I am in charge or not. I want the Jews gone, what is stopping you to make modifications to the energetic simulation. Just fucking erase them so we can start moving forward. If I am in charge this is what I want now. Not in 3 years from now, I want it now. I am going to get fed up with that shit.

  27. IAmGoingToGetFedUpWithThisShit on Thu, 18th Nov 2021 8:22 am 

    This goes for Quebec too. If I said I want Legault dead you make it happen. How long this shit is going to take.

  28. FuckingWasteOfTime on Thu, 18th Nov 2021 8:33 am 

    I know now what kind of person you are. You want a news civilization and changes, but you don’t want it at the same time. You don’t want to kill anybody but you still want changes. The Jews are useless, I want them dead. Changes start by them being dead. Fucking make it happen.

  29. FuckingWasterOfTime on Thu, 18th Nov 2021 8:37 am 

    If you are not willing to kill the Jews, as I demanded, it means you are not serious and I am losing my time, or you are not a powerful and you are manipulating and making me lose my time.

  30. MaybeYouShouldGetIt on Thu, 18th Nov 2021 8:41 am 

    Fucking loser quebec. You want your negro civlisation, maybe you should get it.

    https://www.youtube.com/watch?v=f8EIjhvNAvo

  31. TheyDontBelongWithUS on Thu, 18th Nov 2021 10:33 am 

    I think I am reasonable by demanding the removal of the Jews race from the energetic simulation. Their past actions speak for themselves. There were the ones behind WW1 and WW2 using their money to finance and push forward these two wars plus the Bolshevik revolution. Remove them from the energetic database. They don’t belong with civilize people that want to self governed themselves.

    It is just an energetic simulation remove them so we can move forward, They are fucking useless pathetic, parasitic race with 122 genetic defects. Nobody in the world will notice them being gone. People will celebrate quietly in their homes their extermination. It is just a fucking energetic simulation, exterminate them out of the simulation. We losing too much.
    How long for my vison update and repair. I need something in return for this shit.

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