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Economy

brush

(58,333 posts)

4. Wasn't there a story a couple of weeks ago that the oil...

Reply to mahatmakanejeeves (Original post)

Mon Jan 9, 2023, 09:55 AM

Jan 2023

sold out of the reserve was sold at a high price and was replaced with oil at a low price, as we know the price has dropped consideraly?

Is this story just Murdock's right wing publications trying to make biden look bad?

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Using Up America's Oil Reserve Was Easy. Refilling It Won't Be. [View all] mahatmakanejeeves Jan 2023 OP

Then it's time to nationalize our oil! Emile Jan 2023 #1

Or it's the Wall Street Journal bashing Biden as per usual Hugh_Lebowski Jan 2023 #2

Are there a lot of refineries? From the title that is the problem, refinery space. Srkdqltr Jan 2023 #3

Wasn't there a story a couple of weeks ago that the oil... brush Jan 2023 #4

Bingo! SalamanderSleeps Jan 2023 #5

It looks as if the Feds are still looking for oil to replace what they sold off. mahatmakanejeeves Jan 2023 #6

If they sold it high and now it is much lower, how is that a bad deal for taxpayers? MichMan Jan 2023 #7

I don't think that anybody is saying that it is, but the Feds are waiting for mahatmakanejeeves Jan 2023 #8

It wasn't used up but it was used appropriately to stabilize the global oil market Warpy Jan 2023 #9