Obama releasing 30M barrels from US o...

Obama releasing 30M barrels from US oil reserves

There are 1407 comments on the Peninsula Clarion story from Jun 23, 2011, titled Obama releasing 30M barrels from US oil reserves. In it, Peninsula Clarion reports that:

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.

Join the discussion below, or Read more at Peninsula Clarion.

BOoo hiss

Anonymous Proxy

#21 Jun 23, 2011
Use up oil reserves when it is not an emergency, so that when America really needs it, no oil reserves.

Mr. Barack Shenanigans Obama, not natural born US citizen and thereby a fraud. His sponsors are foreign.

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#22 Jun 23, 2011
carey529 wrote:
and, once again we are reminded, obama isn't the only idiot out there...
As long as you're out there, no idiot is alone. And you just reminded us.

Oops! You did it again!

LOL!!! Try again?

“It's 420 here.”

Since: Jun 07

cold comfort farm

#23 Jun 23, 2011
And that amount of oil equals what in terms of consumption?
Just part of the new math from the brightest POTUS ever.
Troop withdrawal from Azzghanistan still leaves 68,000 there.
Poppy production still humming along full tilt.

Did Joe Biden weite his speech??????????
swedenforever

Beltsville, MD

#24 Jun 23, 2011
In the words of Prez Sarkozy, kadaffy needs to be "..removed with urgency.." god bless Sarkozy and NATO

Prez Barack please terminate Kadaffy's life

“Strikes when provoked”

Since: Jun 11

Location hidden

#25 Jun 23, 2011
BOoo hiss wrote:
Use up oil reserves when it is not an emergency, so that when America really needs it, no oil reserves.
You might have made a point.....
BOoo hiss wrote:
Mr. Barack Shenanigans Obama, not natural born US citizen and thereby a fraud. His sponsors are foreign.
But then you showed your ignorance.
How many Birth Certificates do you need, before you are satisfide? Any person with a two diget IQ would know how hard a person is looked at and how many loop holes a person has to jump through to be considered as a candidate for President.

“It's 420 here.”

Since: Jun 07

cold comfort farm

#26 Jun 23, 2011
TheApexPredatorTheViper wrote:
<quoted text>
You might have made a point.....
<quoted text>
But then you showed your ignorance.
How many Birth Certificates do you need, before you are satisfide? Any person with a two diget IQ would know how hard a person is looked at and how many loop holes a person has to jump through to be considered as a candidate for President.
Hemming and hawing to this day on which hospital delivered him. No name of the attending doctor? A social security number traceable to Connecticutt?
Kennedy's slobbering excuses regarding Mary Jo, make him look like a saint compared to this spook.
American Israeli Cabal

Aledo, IL

#27 Jun 23, 2011
Sure Hope those weren't the Barrels Israel is suppose to get right off The Top in an Emergency before The U S even gets Theirs.
Dances with Wolves

Elkton, MD

#28 Jun 23, 2011
carey529 wrote:
a stupid, stupid, stupid thing to do.
why am i not surprised obama did it?
I'm not surprised either.

"Broader International Response" "Supplies caused by turmoil in the Middle East (Libya)"

We Americans don't purchase our oil from Libya, so OUR supplies would not appear to be affected, although the price is getting jacked up by the Oil Cartels due to "Global" issues.

Obama is "selling off" 30 million barrels. To whom is he selling our oil? What will he do with the money from the sale? Although the article suggest that 30 million barrels would not last the USA more than 2 - 3 days, it is not clear just who he is "selling" it to. Alluding to US consumption doesn't automatically mean that "we" are getting the oil (which was, no doubt, paid for by our tax dollars)

Something about this story is amiss. We are not being told everything. The "sale" of 300M barrels of our oil reserves comes completely out of the blue and, as such, the timing is suspect.

I wish the media would be honest enough to investigate this further (and not 3-4 years from now).

Since: May 11

Bolivar, MO

#29 Jun 23, 2011
Dances with Wolves wrote:
<quoted text>
I'm not surprised either.
"Broader International Response" "Supplies caused by turmoil in the Middle East (Libya)"
We Americans don't purchase our oil from Libya, so OUR supplies would not appear to be affected, although the price is getting jacked up by the Oil Cartels due to "Global" issues.
Obama is "selling off" 30 million barrels. To whom is he selling our oil? What will he do with the money from the sale? Although the article suggest that 30 million barrels would not last the USA more than 2 - 3 days, it is not clear just who he is "selling" it to. Alluding to US consumption doesn't automatically mean that "we" are getting the oil (which was, no doubt, paid for by our tax dollars)
Something about this story is amiss. We are not being told everything. The "sale" of 300M barrels of our oil reserves comes completely out of the blue and, as such, the timing is suspect.
I wish the media would be honest enough to investigate this further (and not 3-4 years from now).
You are very smart and I agree.
LOL

Bradenton, FL

#30 Jun 23, 2011
once again...

obama has joined forces with foreign countries to fluck over American resources and Americans....

Obama needs to be STOPPED !!!!!!!!

Since: Dec 07

Navasota, TX

#31 Jun 23, 2011
Caribou Barbie wrote:
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.
You are one stupid communist! You are no FDR socialist, just a stupid little commie.

The administration's action will do little to benefit consumers while leaving the nation vulnerable to hurricanes or other natural disasters, or a foreign crisis that causes a real supply shortage.

Again, you need to be reminded of what will happen if the oil companies are nationalized. No one will run them, and you will need to buy a horse, boob!
LOL

Bradenton, FL

#33 Jun 23, 2011
obama has been steadily attacking American resources and finances for 2 1/2 years.

He has done more damage to America than Osama, Al Queida and the Taliban.

Since: Dec 07

Navasota, TX

#34 Jun 23, 2011
Caribou Barbie wrote:
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.
In the Democrats' fantasy socialist utopia, a caring government will always know exactly how much gas and diesel the masses need, and will magically adjust production accordingly. Likewise, the government will always know the magic price that the American people should be paying for refined fuel, so they will set the price point for the fuel as it leaves the refinery.

Of course this means that the next areas to be nationalized would be fuel distribution and retailing, so the government could control the price all the way to the pump.

And if the government decided that America needed to use, say, 15% less refined fuel that it is using now, then we would have government-managed fuel rationing, where everyone gets their "fair share."

Sounds like fun, doesn't it?

Cariboob, It's hard to get the big picture when you have such a small screen.
Weiners nose

Monessen, PA

#35 Jun 23, 2011
Caribou Barbie wrote:
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.
OK you Marxist hog.
Ex-GOP Con

United States

#36 Jun 23, 2011
OMG! The right has become just a party of whiners. Waah Waah Waah. Every welcome good news it's just waah waah waah from those babies. Quite frankly it's getting old and America is getting tired of it. And quite frankly I welcome the news that the price of oil dropped. Now I don't have to pay so much for gas.

==========
The right IS becoming deranged.
==========
Weiners nose

Monessen, PA

#37 Jun 23, 2011
LOL wrote:
obama has been steadily attacking American resources and finances for 2 1/2 years.
He has done more damage to America than Osama, Al Queida and the Taliban.
His former cheerleader buddy Louie Fartakan calls BO the Devil now. Wow, before BO was the Messiah now he's Satan. LMAO.
Weiners nose

Monessen, PA

#38 Jun 23, 2011
PooPoo Platter wrote:
<quoted text>
As long as you're out there, no idiot is alone. And you just reminded us.
Oops! You did it again!
LOL!!! Try again?
Hey POO POO since you have your lips glued to BO's azz how long do you hold your breath when he farts?

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#41 Jun 23, 2011
Dances with Wolves wrote:
<quoted text>
Something about this story is amiss. We are not being told everything. The "sale" of 300M barrels of our oil reserves comes completely out of the blue and, as such, the timing is suspect.
I wish the media would be honest enough to investigate this further (and not 3-4 years from now).
LOL!!!

It's all a big conspiracy! The US Government is in cahoots with 30 other nations!

You want an investigation? You investigate. Start by reading the article. Usually that's a great place to start...

http://ap.peninsulaclarion.com/pstories/20110...
MAID IN AMERICA

Lakeland, FL

#42 Jun 24, 2011
WON'T make ANY difference in my pocketbook if he sends prices down a few cents this summer...NO VACATION for me this year...BECAUSE of the BAD ECONOMY,ME and MILLIONS of other POOR, HARDWORKING FOLKS can't afford one!!!!...We have BILLS to PAY!!!! sooo Mr. Prez,you might as well KEEP that OIL in those FED RESERVES until we REALLY need it...
Ex-GOP Con

United States

#44 Jun 24, 2011
You can hardly blame the President because the private sector REFUSES to hire and create jobs with the tax savings he has given them. The only thing the President can do is jumpstart the economy by creating demand....like I don't know...by stimulating it somehow...oh but you all whined about that.

==========
The right IS becoming deranged.
==========
MAID IN AMERICA wrote:
WON'T make ANY difference in my pocketbook if he sends prices down a few cents this summer...NO VACATION for me this year...BECAUSE of the BAD ECONOMY,ME and MILLIONS of other POOR, HARDWORKING FOLKS can't afford one!!!!...We have BILLS to PAY!!!! sooo Mr. Prez,you might as well KEEP that OIL in those FED RESERVES until we REALLY need it...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Doc Hastings Discussions

Title Updated Last By Comments
Drone Use OK'ed for Agricultural, Real Estate C... (Feb '15) Feb '15 Peter Simmons 2
News Sen. Pat Roberts grabs early lead in Kansas GOP... (Aug '14) Aug '14 Asian Guy 5
News Tea party still has election hopes as chances d... (Jul '14) Jul '14 woofpack 19
News In historic vote, House backs medical marijuana (May '14) Jun '14 Cordwainer Trout 6
News McCain: no global warming action until the left... (Mar '14) Mar '14 SpaceBlues 1
News Survey: Many Americans Don't Know What Fracking Is (May '13) Dec '13 d pantz 217
News House Republicans vote to deport DREAMers (Jun '13) Jun '13 See the Light 9
More from around the web