Thursday, March 31

Short-term Solutions.

Biden Considers Releasing a Million Barrels of Oil a Day From Reserve

A release of up to 180 million barrels in all is aimed at helping ease gas prices. President Biden could announce the plan as soon as Thursday.

War in Ukraine that America is officially not a party to would be a necessitating reason to release from the national oil reserve? Really? Isn't that jusrt an artificial way to drop prices before midterms? Strategically wise?  What if... another real emergency hits before the reserve is restocked?

Essential workers got to get there, we have learned in our nation of late...

Wouldn't a better way to drop oil prices naturally be to end the war and work to rebuild, already, the supplies being contracted from various regions now? To plan AHEAD and get fracking again while building a practical system of renewable resources to meet a minority of our country's growing energy needs?

Short-term thinking out of SlowJoe and you always have to ask now: who is pulling the levers back there?  What price are we going to pay, in time, for a summer of tinkering with gas prices to keep them artificially low so we can temporarily avoid the consequences of prolonging the defensive war in Ukraine?  What does victory for America look like at this time, a month and a half into the fighting, and will we accept the war's end if President Putin remains in power?  The press won't ask that, but thinking people will...

Biden Considers Releasing a Million Barrels of Oil a Day From Reserve

A release of up to 180 million barrels in all is aimed at helping ease gas prices. President Biden could announce the plan as soon as Thursday.