I think even those with a six grade education could see that Biden is hoping to influence the midterms by releasing oil reserves.
The way I see it votes are pretty much baked at in at this point, reducing gas 10 cents by unleashing dwindling national oil reserves might not the be the best decision long term as we might actually need them with perpetual war going on as well as record inflation and new problems with Saudi Arabia and Iran.
I guess he can legally do it since he’s the president? It seems to me anyways it’s not a wise decision to do that for votes at a time of real crisis that has a big potential of getting much worse for a much longer period.
Maybe but I don’t see the release of the oil making much of a dent in the price I could be wrong. It seems we might need the reserves? I mean possibly down the road
There’s a school of thought that abortion had nothing to do with the rise in Dem fortunes in the polls…the Dems’ rise in the polls tracked almost exactly with the three months or so fall of the price of gasoline.
Now that it’s going up again, the winds are all in the GOPs favor.
That is the thinking, at least, so I could see why Biden is tempted by releasing more from the SPR.
Pretty much all these Dem policies are either designed to hopefully buy votes or push an ideological agenda. Typically little thought or logic is employed.
I think the left and a good number of people in the middle were rightfully ticked off about Dobbs.
However, I think the Dems are going to find out the hard way (on election day) that actively trying to kill off fossil fuels at this time is only supported by the very far left and people are going to vote for the possibility of cheaper gas way more than they are going to vote for a woman’s right to choose.
The reserves are designed for an emergency…period They aren’t necessarily for reducing the cost at the pump, to improve your political ratings. That said, I can see a portion being used to lower prices and appreciate the impact it had. Now we’ve gone past what I believe is sensible.
I am a conservative. Let me share with you what this means to me? What ever I do, before I do it, I ask myself, if everything goes wrong, will those depending on me still be ok? I then attempt to look at life in a spherical manner. If the risk passes muster, I make the move. Here’s my point…at the present level of our reserves, if everything goes wrong, “we” will not be ok.
No we are obviously in a recession made worse by covid an now war against Russia it’s uncertain when things will go back to normal it might be nice to have the reserves rather them being used as a political tool.
If you look in Europe they are saving increasing their oil and LNG reserves for the winter and here we are dumping in out in the hopes of votes.