The Biden administration exported more than 5 million barrels of oil that were part of the historic US strategic petroleum reserve (SPR) release to Europe and Asia last month, including China, even as US gasoline and diesel prices hit record highs. About 1 million barrels per day have been drained from the SPR through October, an unprecedented pace and SPR inventories fell to the lowest since 1986. The US energy situation is dire and prices are set to rise, as fuel shortages hasten the destruction of our economy.
With a growing number of people realizing that the Biden administration has drained more oil from the US strategic petroleum reserve, which is meant to be used during real emergencies not fake, made up ones such as Democrats facing a catastrophic failure at the midterm elections…
… more people are starting to ask the next big question: where is this furious liquidation of US black gold going?
Courtesy of Reuters we know: more than 5 million barrels of oil that were part of the historic U.S. SPR release were exported to Europe and Asia last month, including top US geopolitical nemesis in the global arena, China, even as U.S. gasoline and diesel prices hit record highs.
The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. In a widely mocked call, Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing rightful criticism from Amazon founder Jeff Bezos, because going after mom and pop gas stores merely demonstrates just how clueless the handlers of the senile presidential puppet truly are.
About 1 million barrels per day have been drained from the Strategic Petroleum Reserve through October, an unprecedented pace. The drain means SPR inventories fell to the lowest since 1986. US crude futures are above $100 per barrel and gasoline and diesel prices above $5 a gallon in one-fifth of the nation. US officials have said oil prices could be higher if the SPR had not been tapped, and for once they are right. Still, the question looms of what happens to oil prices when the US can no longer sell the SPR amid concerns of a real emergency: we know the answer and the Biden admin won’t like it.
“The SPR remains a critical energy security tool to address global crude oil supply disruptions,” a Department of Energy spokesperson said, adding that the emergency releases helped ensure stable supply of crude oil.
Citing customs data, Reuters traced that the fourth-largest U.S. oil refiner, Phillips 66 shipped about 470,000 barrels of sour crude from the Big Hill SPR storage site in Texas to Trieste, Italy. Trieste is home to a pipeline that sends oil to refineries in central Europe. Meanwhile, Atlantic Trading & Marketing (ATMI), an arm of French oil major TotalEnergies, exported 2 cargoes of 560,000 barrels each. Cargoes of SPR crude were also headed to the Netherlands and to a Reliance refinery in India, an industry source said.
What is most notable is that a third cargo headed to US arch-enemy, China, which is now directly benefiting at the expense of US consumers as a result of Biden’s escalating panic to undo the consequences of his catastrophic green policies by selling the most valuable US assets directly to Beijing!
Dr. Cowan described a ‘playbook’ to convince doctors of a highly lethal ‘syndrome’ that is poorly defined and could mean just about anything. Doctors then convince the public. In the early days, people are often sent to hospitals and given protocols that become the standard of care, but are deadly.
Last week, the Proud Boys’ trial was suspended again after prosecutors revealed that a paid FBI informant cozied up to defendants and their attorneys. At least 10 and up to 15 FBI informants were embedded in the group months before and continuing after the events of January 6.
ChatGPT can now access the internet, run its own code to solve problems, accept and work on uploaded files, and write its own interfaces to third-party apps. There is concern over whether it may escape its boundaries and engage in “power-seeking behavior” it’s already been caught exhibiting.
Audrey Hale, a 28-year old woman who had transitioned into a male, blasted her way into the Covenant Church school hunting for victims and reportedly killed three 9-year old students and three staff members. Hale was also killed.
Dr. Hyman said that for every 10% of calories consumed from ultra-processed food, the risk of death goes up by 14%. The American diet is 60% ultra-processed food, and for children it is 67%. Eleven million die globally from bad food.
Video shows Fauci admitting “I got my second vaccine yesterday, and I feel like sh*t today!” In another segment, a DC resident told Fauci that he didn’t trust the jab or the hurried science that went into creating it. The man continued and said the COVID vaccine campaign was about attacking people using fear.
has used hormones and has received sex-change surgeries, and now shows signs of regret. Instead of receiving treatment for mental health issues, children are being encouraged to change gender by taking hormones and undergoing major surgeries that can alter their bodies irreversibly.
A prior injunction blocked the mandate in January 2022, only a few months after Biden issued the order, but nearly 98% of covered employees had already been vaccinated. Opponents of the policy said it was an encroachment on federal workers’ lives that neither the Constitution nor federal statutes authorize.
Since the CDC started collecting the data autism has skyrocketed from 1 in 150 in 2000, to today’s estimate of 1 in 36 children. The report failed to address the causes of autism, but claimed the rising rate was due to increased testing.
California produces half of America’s agriculture that includes fruits, vegetables and nuts, in addition to dairy products, cattle and rice. Almost half of California’s agricultural products are exported to other countries. We await the impact on food supplies.
DeSouza said that the cabal of money lenders from “banking bloodlines” has dominion over the UAPs and is building a campaign of fear. He said that the next step is for UAPs to start shooting down commercial airliners and military jets. A ‘Fake Alien Invasion’ will be a psy-op. But the destruction will be real.
Biden released a proposed budget for fiscal year 2024 totaling $6.9 trillion that included over $4.7 trillion in new tax increases, including a 20% hike in the capital gains tax rate and a 7.6% increase in the top income tax rate.
The Arizona Supreme Court ruled that Kari Lake will be allowed to expose the Signature Verification security system on mail-in ballots. Lake said that Adrian Fontes, the current AZ Secretary of State, who was the Maricopa County Recorder during the contested 2020 election, is a Mexican drug cartel attorney and a fraud.
Pilot Josh Yoder reported that as many as 80% of pilots have taken COVID jabs, as many airlines mandated it. He said it is no longer safe to fly as there have been many incidents of pilots becoming incapacitated, but there is a massive coverup underway.
Shocking video shows soldiers in Ukraine kidnap and forcibly conscript men in broad daylight to fight in the the losing war against Russia. Over 100,000 Ukrainians are dead, but US warmongers in power push for more war in the proxy battle against Russia.
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Saber-rattling threats can easily escalate, and the markets took notice, causing the price of oil to rise to $74 per barrel. The US has set November as the deadline for countries to get their imports of Iranian oil to “as close to zero as possible.” US Secretary of State Mike Pompeo announced that the US will be lending its support to dissidents in Iran with a new 24/7 Farsi-language channel.
Congressman Steve Scalise pointed out that Democrats are trying to promote California’s foolish energy policy nationwide. Congressman Austin Scott said that Democrats’ green energy infrastructure can’t even support their expensive electric vehicles.
US District Judge William Alsup shut down a lawsuit filed by liberal mayors in Oakland and San Francisco who sued big oil companies for their alleged impact on climate, claiming damages included sea level rise that has yet to materialize, but is on the way, according the models cited in the litigation. The judge explained that it would be unfair to blame oil companies who supplied the oil to the public benefitted from it and demanded it.
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Lum
8 months ago
The using of our oil reserves by the USA is not profitable so its deemed by our politicians that its better to send it to other countries that will pay our politicians a kickback, that’s why we are sending it to others. Very plain to see and sadly its business as usual these days. We discover these plots, even voting cheating but no one is punished so it will be done again and again growing more brazen each time.
This result is encouraging crime.
The using of our oil reserves by the USA is not profitable so its deemed by our politicians that its better to send it to other countries that will pay our politicians a kickback, that’s why we are sending it to others. Very plain to see and sadly its business as usual these days. We discover these plots, even voting cheating but no one is punished so it will be done again and again growing more brazen each time.
This result is encouraging crime.