Obama releasing 30M barrels from US oil reserves

Jun 23, 2011 Full story: Peninsula Clarion 1,409

Wary of a new surge in gas prices, the Obama administration said Thursday it is selling off 30 million barrels of oil from the country's emergency reserves as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa, particularly Libya.

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“i hope we can change this!”

Since: Aug 08

usa

#1 Jun 23, 2011
a stupid, stupid, stupid thing to do.

why am i not surprised obama did it?
try to keep up

Allentown, PA

#2 Jun 23, 2011
This thread is on here 3x's.


a stupid, stupid, stupid thing to do.

why am i not surprised carey529 did it?

Since: Dec 08

Medina, TX

#3 Jun 23, 2011
Why would this idiot do this when supply is high and prices dropping. Is he trading in oil futures or something? I thought he didn't like speculators. Doesn't he know that the reserves are reserved for emergencies? I am beginning to think this guy has the IQ of a dead weed.
liz

King George, VA

#4 Jun 23, 2011
WHEN have we ever done this? Emergency????
This is the last thing we are suppose touch,
and Obama is doing this....Stop before the world
knows we are in the tank...They must know, and
are egging him on. Oh good grief. We are broke
and we are useing our precious reserve?

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#5 Jun 23, 2011
try to keep up wrote:
This thread is on here 3x's.
a stupid, stupid, stupid thing to do.
why am i not surprised carey529 did it?
LOL!!!

It's been said Carey is the most stupid "member of his tribe" on the planet.

Maybe he has a limited vocabulary. So when his hatred builds up, tourette's-like repetition eases the pressure inside his skull.
PooPoo Platter

Naperville, IL

#6 Jun 23, 2011
carey529 wrote:
a stupid, stupid, stupid thing to do.
why am i not surprised obama did it?
Oops! You did it again!

LOL!!! Why are we not surprised...
Armup

East Haven, CT

#7 Jun 23, 2011
Just an election ploy from this POS...

“Strikes when provoked”

Since: Jun 11

Location hidden

#8 Jun 23, 2011
Its funny,

If Obama doesn't do what you Rethugs want he is a ________{fill in the blank}

If he does do what you Rethugs want he is still a _________{fill in the blank}

Damned if you do, damned if you don't, Mr. President.

Keep sticking it to the Big Oil Companies, maybe we will see 97 cents a gallon gasoline again. Hell a buck 50 would be nice, you know like it was before Jethro Clampett-Bush run the Greatest Nation into the dirt.

“Strikes when provoked”

Since: Jun 11

Location hidden

#9 Jun 23, 2011
Armup wrote:
Just an election ploy from this POS...
Why would he do it so early? Bush wasn't smart but he didn't try that very same ploy until October 2008. You remember when Obama had the Presidency all wrapped up in a nice bow, and gas was $4/gallon and had been for about a year straight, then all of a sudden it was $2.25 right around November 4Th 2008.

If it is a ploy it is a bit early, dontcha think? You Betcha it is.
hmm

Santa Clara, CA

#10 Jun 23, 2011
Oil has gone done today.

Since: May 11

Sheridan, AR

#11 Jun 23, 2011
We will be back to horses and buggies and growing our own food in gardens to survive soon.

“i hope we can change this!”

Since: Aug 08

usa

#12 Jun 23, 2011
and, once again we are reminded, obama isn't the only idiot out there...
Ex-GOP Con

United States

#13 Jun 23, 2011
Agreed. When the spill happened they blamed government and President Obama for not doing enough. So he put the offshore drilling ban that he had lifted back in place. And then they whined about that.

Quite simply...the right IS becoming deranged.

==========
The right IS becoming deranged.
==========
TheApexPredatorTheViper wrote:
Its funny,
If Obama doesn't do what you Rethugs want he is a ________{fill in the blank}
If he does do what you Rethugs want he is still a _________{fill in the blank}
Damned if you do, damned if you don't, Mr. President.
Keep sticking it to the Big Oil Companies, maybe we will see 97 cents a gallon gasoline again. Hell a buck 50 would be nice, you know like it was before Jethro Clampett-Bush run the Greatest Nation into the dirt.
Responsibility

South San Francisco, CA

#14 Jun 23, 2011
La La Loooo wrote:
We will be back to horses and buggies and growing our own food in gardens to survive soon.
Does the sky fall first or after your hysterical doom and gloom?!
Weiners nose

Monessen, PA

#15 Jun 23, 2011
carey529 wrote:
a stupid, stupid, stupid thing to do.
why am i not surprised obama did it?
That should help lower prices for a day or two by about 2 cents. What else can you expect from someone with NO sense?
Weiners nose

Monessen, PA

#16 Jun 23, 2011
PooPoo Platter wrote:
<quoted text>
LOL!!!
It's been said Carey is the most stupid "member of his tribe" on the planet.
Maybe he has a limited vocabulary. So when his hatred builds up, tourette's-like repetition eases the pressure inside his skull.
Shame on you POO POO, after all your lips are glued to BO's azz.

Since: May 11

Sheridan, AR

#17 Jun 23, 2011
Responsibility wrote:
<quoted text>
Does the sky fall first or after your hysterical doom and gloom?!
After
drinK The hiVe

New York, NY

#18 Jun 23, 2011
It Is Too Far Too Late 2 Do Anything About It Unfortunately.

The Vampire' Are Ready 2 Suck Ur Blood One More Time.
I Am Planning 2 Be Far Away From Major Population Centers When This Occurs.

“Angry Antlers ”

Since: Sep 08

Miami

#19 Jun 23, 2011
Fabulous news, and I say do it again around election time.

Doing this today tanked oil prices, so if the corporate welfare cheats like Exxon Mobil wanna play that game, we'll be happy to oblige.

If Obama were a real progressive socialist like FDR, we'd see the assets of these firms seized and their businesses nationalized for allowing speculation on their commodity which is critical to maintaining our way of life.

Of course, that nationalization would include Wall Street bankers and investment houses who are working in concert with big oil and dozens of other commodity brokers.

Since: May 08

Deltona Fla

#20 Jun 23, 2011
liz wrote:
WHEN have we ever done this? Emergency????
This is the last thing we are suppose touch,
and Obama is doing this....Stop before the world
knows we are in the tank...They must know, and
are egging him on. Oh good grief. We are broke
and we are useing our precious reserve?
The last time oil was released from the reserve was under Bush the day after Katrina trashed the refineries along the Gulf Coast. I am not sure what that was suppose to accomplish since the refineries that refined the oil were trashed. The only thing it actually accomplished was to increase oil companies profits by giving them below market price on the oil they were refining in their refineries that were still operating. Then Bush thought his job was done and he went on his merry way while people continued to die in New Orleans for another five days. You bitch about the price of gas but when Obama does the only thing he can to reduce prices short of capping them you cry about it. Looks like another case of Obama derangement syndrome.

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