Ever watch a car race where the leader runs out of fuel about the time the white flag is dropped and falls to the back of the pack ?
Ever read about a battle where one group ran out of ammo long before the other group ?
(Bloomberg) -- Senate Majority Leader Charles Schumer urged President Joe Biden to tap the U.S. government’s reserves of emergency fuel to help lower gasoline prices.
Hmmmm ...... I have not read one head line where there has been a gas station running out of gas or diesel. Agreed, the price for fuel (and everything else) is going up. Biden has curtailed the oil drilling, pipelines and refining...
Now here comes Schumer wanting to drain the Strategic Oil Reserves....
At our current consumption rate of about 20 million barrels a day, the Strategic Petroleum Reserve would last only 36 days if we were faced with a situation where the oil had to be released all at once....
America can not move oil fast enough right now... And the bottle necks, labor shortages and approaching winter will all add to the slow down...
Those of us who are shooters are conserving resources..... Schumer would encourage us to go out and shoot up our reserves because replacement components are expensive... Where is the logic ?
All part of the plan.... Restrict flow of commodities and force American's to use up their reserves... How is that going to pan out ?
Hobo
(Bloomberg) -- Senate Majority Leader Charles Schumer urged President Joe Biden to tap the U.S. government’s reserves of emergency fuel to help lower gasoline prices.Most Read from BloombergWhat Designers of Video Game Cities Understand About Real CitiesBiden Plan Funds New Bridges That Locals...
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