JJ McClure
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- Mar 9, 2022
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Haha. They’re not thinking about the truckers any more - 419.3
Thanks for explaining that.Think of it like selling some shares of IBM. Your broker puts them up on an exchange and anyone can buy them. And the broker has no idea who buys them. Doesn’t care.
“Releasing” oil from the SOR means the US is selling on the open market. Filling the SOR means the US is buying on the open market.
They don’t have a sales desk with salesman and a shipping dock where “China” comes and picks up their oil.
The thinking by both Presidents is that having more supply on the market will short term fill in some shortages in supply. Economically it is net zero as when the US bought that oil to put it in the SOR on the open market it was extra demand raising the price at that time.
Delivery gets even more interesting for if the US buys oil for the SOR before the delivery dates of what they sold, then they just swap contracts and oil does not have to go out and then come in.
The California emissions crap is fundamentally a "states rights" issue, an issue many in here support.
The AB5 issue is another states rights over individual rights issue. I never understood why people would demand states rights over individual rights for some things, and not understand that such an argument would eventually come home to roost. Although I think it is crazy, I guess since the right to own and start your own business, like an independent trucker, is not "specifically guaranteed in the Constitution" many in here beleive it is a decisions best left to the states governments as opposed to the individual. Like other topics of recent discussion.
Doesn't seem very conservative to me?
@530RL
Curious, did Trump have one policy you liked?
I’ll give Biden credit for growing NATO’s strength. However, if he wasn’t such a sap, NATO wouldn’t of had to add.
I try to discern where you're coming from. I think if you boil the issue down to individual freedoms, we all want the same thing? To be left alone to our individual pursuit of work/life/happiness.The California emissions crap is fundamentally a "states rights" issue, an issue many in here support.
The AB5 issue is another states rights over individual rights issue. I never understood why people would demand states rights over individual rights for some things, and not understand that such an argument would eventually come home to roost. Although I think it is crazy, I guess since the right to own and start your own business, like an independent trucker, is not "specifically guaranteed in the Constitution" many in here beleive it is a decisions best left to the states governments as opposed to the individual. Like other topics of recent discussion.
Doesn't seem very conservative to me?
That reads like he used it for its intended purpose.Trump Authorizes Release From Strategic Petroleum Reserve | OilPrice.com
Following the news of a drone attack on a Saudi oilfield, which sparked concern about global supply securityoilprice.com
10000% correctThat reads like he used it for its intended purpose.
Not only that but Trump put it back in later from domestic drilling . Biden has no plans to replace it as we cannot produce enough due to his policies .That reads like he used it for its intended purpose.