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lawrocket

Should the US Release Oil from the Strategic Reserve?

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3% of the entire US oil consumption is negligible, right. No effect on anything. Like, it's only 6x more than is being put into the strategic reserve.

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So you're saying we should get all the units deploying to Iraq to carpool to save on gas?



No, I'm saying bring them all home and have a military that is maybe just a bit bigger than China's and Russia's combined, instead of being 50% of the entire world's.



Now you guys just HOLD ON.

I believe we haven't explore the "fluffy bunny" power option for military vehicles?

You guys just completely blew it off.

That's not proper brainstorming procedure at all.

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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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IMHO high gas prices can be laid right at the doorstep of the DEM controlled congress. Of course they wouldn't fuck with the economy, especially in an election year.;)



How'd they do it? The only way I can see the blame being shifted to the Democratic Congress is to say that they screwed up enough to allow the Republicans to take over both the Executive and Legislative branches at the turn of the century.


“Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”-Nancy Pelosi

That's working really good don't you think?
Please don't dent the planet.

Destinations by Roxanne

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Keep things as they are. I would rather keep paying the high prices and save the reserves for a real emergency. It is one of the few smart things the govt. is doing.
The most terrifying words in the English language are: I'm from the government and I'm here to help.

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“Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”-Nancy Pelosi

That's working really good don't you think?



Besides the (ill advised) food for fuel subsidy, have they tried it yet? To my knowledge we're still subsidizing the oil industry and they still have plenty of tax laws protecting their interests.

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I want to know what that great liberal-led democratic House is planning on doing about the gas crises. I haven't heard nary a peep out of them on the subject. They like to blame George Bush for everything, but when are they going to grow some balls and DO something?

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I want $10 a gallon oil.


Ouch, that's $420 per barrel! Yea, we'd definitely be working on alternatives at that price.


Shit... I meant gasoline. Oh well, either will work I guess.:D

--------------------------
Chuck Norris doesn't do push-ups, he pushes the Earth down.

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I want $10 a gallon oil.


Ouch, that's $420 per barrel! Yea, we'd definitely be working on alternatives at that price.


Shit... I meant gasoline. Oh well, either will work I guess.:D


Save this post. If things continue the way they are going your original figure might be on target in a few months:D:o

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“Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”-Nancy Pelosi

That's working really good don't you think?



Besides the (ill advised) food for fuel subsidy, have they tried it yet? To my knowledge we're still subsidizing the oil industry and they still have plenty of tax laws protecting their interests.



That's the point - the Democrats talk this talk all the time, dating back more than a decade in California, but nothing ever happens.

It's the standard strategy by politicians of telling people what they want to hear (blue ribbon committee, we'll save the children, blah blah blah) but not actually following through.

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I want $10 a gallon oil.


Ouch, that's $420 per barrel! Yea, we'd definitely be working on alternatives at that price.


Shit... I meant gasoline. Oh well, either will work I guess.:D


Save this post. If things continue the way they are going your original figure might be on target in a few months:D:o


Point 1. In the UK they are already paying $10 per gallon of gas. Here in Germany I only pay $8 a gallon.

Point 2. The U.S. uses over 20 million barrels of oil a day. That's nearly a quarter of world consumption.

Point 3. The russians and arabs are not going to be able to increase their production, EVER!

Sorry guys, but you are up shit creek without a paddle. B|
Dave

Fallschirmsport Marl

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I think tapping the reserves.. is a stupid idea... in fact we should be buying all we can of a finite resouce and stockpiling it.. for future usage.
There are far more uses of petrolem than just for fuel. A huge amount of our modern life revolves around the products that the chemical industry makes out of oil.

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>Do you think the military should perhaps switch to fluffy bunny powered
>tanks and carriers powered by magic rays of sunshine that cheer them up
>when they're feeling blue?

Yes. The alternative is to power our military with a fuel controlled primarily by our enemies. That's dumb.

>Powering the types of vehicles used by the military with any type of
>alternative fuel or a more fuel-efficient engine isn't exactly in the cards
>when you strap on the amount of armor and equipment they have to carry.

Nonsense. Alternative fuels work just as well as petroleum based ones, and aircraft carriers and submarines are in fact powered by the 'magic rays' from fission.

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Depends on what you want to accomplish. In 2000, Clinton released oil from the reserve as a way to send a strong message to OPEC. At that time, oil was running at $35 / Barrel. Today, less than 8 years later, oil is about $115 / Barrel. For a mainstay commodity to triple it's cost in eight years is a very big indicator of inflation. Release the reserves, decrease inflation.

OTOH, significantly higher fuel prices lead consumers to drive less, and pollute less. Keep oil prices shored up, somewhat better for the environment. Unfortunately, not much better, because $3.50 a gallon for gas is still affordable to most Americans.

Personally, I think the inflation issue is much more important than the small environmental benefit. Sadly, I don't think Dubya will release the reserves - he is and has always been in the pocket of the Big Oil companies.
Trapped on the surface of a sphere. XKCD

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Sadly, I don't think Dubya will release the reserves - he is and has always been in the pocket of the Big Oil companies.



Inventories are up, demand is down, refining capacity is fine, so how many of you folks think that the recent price increase is part of a last ditch effort to get into ANWR before the oilmen leave office?
Just a thought.

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two things:

"fluffy bunny power"

"magic rays of sunshine"



Hmmm...alternative energy ideas. Maybe not fluffy bunnies but I'm pretty sure that you can make biodiesel from real bunnies. And "magic rays of sunshine"? That would be a fusion reactor. It's not really magic, just hard to do. I think the French are getting close though.

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Hmmm...alternative energy ideas. Maybe not fluffy bunnies but I'm pretty sure that you can make biodiesel from real bunnies. And "magic rays of sunshine"? That would be a fusion reactor. It's not really magic, just hard to do. I think the French are getting close though.



1 - bunnies decomposed into bio-diesel. YES!! I like the way you think

2 - magic rays of sunshine? sounds more like fission to me

How can you tell the prompt neutrons from the delayed neutrons? (Asked by a classmate of mine in a nuke e class - who asked a lot of questions before thinking about them - you know the type)

The delayed neutrons have a little black stripe around them? (delivered completely deadpan by the instructor)

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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>I think the inflation issue is much more important than the small
>environmental benefit.

I think having emergency oil reserves to run our military is even more important. Release the reserves to the public and we have 37 days of fuel - and then we are defenseless against anyone who would attack us. Save it for the military and we can run our military for almost 5 years.

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I think having emergency oil reserves to run our military is even more important. Release the reserves to the public and we have 37 days of fuel - and then we are defenseless against anyone who would attack us. Save it for the military and we can run our military for almost 5 years.



Nobody's talking about depleting the reserves. Clinton came under sharp criticism (mostly from oil companies and their legislative cronies) for what he did in 2000. And he only released 30 million barrels. We have 700 million barrels in reserve. I personally think what Clinton did was very effective in telling oil companies that we don't have to stand for their greed and corruption, at the cost of less than 5% of the reserve. I think Americans should do it more often.

Of course, we'd have to keep buying it again to keep the stock up, and it's pretty expensive these days :D
Trapped on the surface of a sphere. XKCD

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> Clinton came under sharp criticism (mostly from oil companies and
> their legislative cronies) for what he did in 2000.

As he should have.

>personally think what Clinton did was very effective in telling oil
> companies that we don't have to stand for their greed and corruption . . .

??? Well, we don't have to stand for it for more than 37 days, that is! But really, that's not all that long. And Exxon would LOVE the US to deplete their reserves of oil; it would bring them far more profit in the long run.

>Of course, we'd have to keep buying it again to keep the stock up, and
>it's pretty expensive these days.

Which is why it won't work.

I mean, if your goal is to just plain lower oil prices, cut out all the pumping of the reserves and just subsidize gasoline. Cheaper in the long run. Also a bad idea, of course, but cheaper than passing it all through those salt mines.

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1 - bunnies decomposed into bio-diesel. YES!! I like the way you think

2 - magic rays of sunshine? sounds more like fission to me

How can you tell the prompt neutrons from the delayed neutrons? (Asked by a classmate of mine in a nuke e class - who asked a lot of questions before thinking about them - you know the type)

The delayed neutrons have a little black stripe around them? (delivered completely deadpan by the instructor)



Did the instructor get the reaction he was fission for?
(sorry)
But actually, it's a fusion reactor.
http://www.iter.org/

This would solve a lot of problems. That's why I have no doubt that Chevron is trying to patent tritium and deuterium. Maybe they'll change their name to "cHevron" and claim the "H" through adverse possession.

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Sadly, I don't think Dubya will release the reserves - he is and has always been in the pocket of the Big Oil companies.



Inventories are up, demand is down, refining capacity is fine, so how many of you folks think that the recent price increase is part of a last ditch effort to get into ANWR before the oilmen leave office?
Just a thought.



Profits are up.
...

The only sure way to survive a canopy collision is not to have one.

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We should keep adding to it and not release a drop. But, I suspect the government will release some when the election is a little closer to make it appear the republicans are doing something to cut the price of gas.;)[:/]:)
But the democrats have done this as well.[:/]:)


"Some call it heavenly in it's brilliance,
others mean and rueful of the western dream"

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I personally think what Clinton did was very effective in telling oil companies that we don't have to stand for their greed and corruption, at the cost of less than 5% of the reserve. I think Americans should do it more often.

The government can do a lot of things to curb the big oil companies, but, the government is run by oil people first, and public employees second.;):)


"Some call it heavenly in it's brilliance,
others mean and rueful of the western dream"

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> I personally think what Clinton did was very effective in telling oil
>companies that we don't have to stand for their greed and corruption . . .

How did he do that? They continued to sell oil, and then they made millions on selling the government the oil needed to replenish the reserve. I can just hear the oil company execs saying "PLEASE PLEASE Mr. Clinton, don't throw me in that briar patch!"

It's like "teaching greedy gas stations a lesson" by not buying gas one day a year. Doesn't work.

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