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2024-06-11 Home Front: Politix

Energy Department increases pace of petroleum stockpile refill as oil prices dip

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Posted by Skidmark 2024-06-11 00:00|| E-Mail|| Front Page|| [120 views ] Top
File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats

#1 Silo hatch maintenance activity has begun. Well they need to open when you fire the rockets I understand by phone call. How many years just sitting. How old the tech. Upgrades for sure hopefully if monies available. Spare parts a problem so cannibalization occurs.

Posted by Dale 2024-06-11 03:24|| 2024-06-11 03:24|| Front Page Top

#2 'Sell high, buy low'...and the profit goes where ?

Posted by Besoeker 2024-06-11 04:18|| 2024-06-11 04:18|| Front Page Top

#3 Fortunately, the democrats kept Trump from topping it off when oil was substantially lower. Got to keep that Orange Man in check!

Posted by Cesare 2024-06-11 06:42|| 2024-06-11 06:42|| Front Page Top

#4

So the O'Biden Admin now is driving the Oil Prices back UP by reducing the public availability on a mass scale.

Posted by NN2N1 2024-06-11 06:50|| 2024-06-11 06:50|| Front Page Top

#5 Sell high, buy low'...

Well, I expect the phrase should be 'sell high, buy higher' for this one.

the profit goes where?

If I remember, the oil was sold to the Russians. Perhaps so they could surge the Ukrainian front.
Much like Hillary selling yellowcake to revitalize the Russian nuclear effort.

Maybe then swapped as a fungible commodity for resale to the Iranians for drones. Be interesting to run across a spectral analysis of the two oil samples.

Posted by Skidmark 2024-06-11 08:40|| 2024-06-11 08:40|| Front Page Top

#6 Oil was down at $72/bar for a few days. It's back up to $78 today

Posted by Lord Garth 2024-06-11 16:04|| 2024-06-11 16:04|| Front Page Top

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