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  #221  
Old 12-20-2022, 12:04 AM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by finnbow View Post
The strategic reserve is for a strategic reason.
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  #222  
Old 12-20-2022, 07:13 AM
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Quote:
Originally Posted by Dondilion View Post
The strategic reserve is for a strategic reason.
Indeed. Releasing oil from the reserve was an effective strategy to ameliorate the impact of your boy Putin's war in Ukraine on oil prices. Well played, Joe.
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Last edited by finnbow; 12-20-2022 at 07:18 AM.
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  #223  
Old 12-20-2022, 09:28 AM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by finnbow View Post
Indeed. Releasing oil from the reserve was an effective strategy to ameliorate the impact of your boy Putin's war in Ukraine on oil prices. Well played, Joe.
Another fallacy. The price of oil had more to do with spot pricing than the war in Ukraine. As a matter of fact price was rising before the war.
Last edited by Dondilion; 12-20-2022 at 09:30 AM.
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  #224  
Old 12-20-2022, 09:41 AM
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Another fallacy. The price of oil had more to do with spot pricing than the war in Ukraine. As a matter of fact price was rising before the war.
Au contraire, tovarich.

Oil prices were rising globally even prior to the full escalation of the war. However, when Russia attacked Ukraine, the price of crude oil in the global market skyrocketed from around $76 per barrel at the start of January 2022 to over $110 per barrel on 4 March 2022.

https://www.gep.com/blog/mind/russia...d-gas-industry

It must get tiresome defending everything comrade Putin does.
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  #225  
Old 12-20-2022, 10:05 AM
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Dondilion Dondilion is offline
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You mean excessive spot pricing and sanctions. The recent energy history of UK is instructive.
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  #226  
Old 12-20-2022, 10:19 AM
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Rajoo Rajoo is offline
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The huge winter storm brewing in Alaska and soon to hit the Midwest and South just before Christmas will be blamed on The Biden Curse.
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  #227  
Old 12-22-2022, 07:15 PM
Chicks Chicks is offline
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‘Wow! This Is a Blow-Out!’ Faux “News” Reporter Shocked By New GDP Report Showing Higher-Than-Expected Gain

https://www.mediaite.com/news/wow-th...expected-gain/

Sorry, Whell.
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  #228  
Old 12-22-2022, 09:42 PM
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Quote:
Originally Posted by finnbow View Post
Au contraire, tovarich.

Oil prices were rising globally even prior to the full escalation of the war. However, when Russia attacked Ukraine, the price of crude oil in the global market skyrocketed from around $76 per barrel at the start of January 2022 to over $110 per barrel on 4 March 2022.

https://www.gep.com/blog/mind/russia...d-gas-industry

It must get tiresome defending everything comrade Putin does.
Nope. From the same article immediately following your quote:

The price of crude oil was already inflated even before the war due to higher demand fueled by the recovery of global economies from the COVID-19 pandemic and low investment in the oil and gas industry.
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  #229  
Old 12-25-2022, 12:12 AM
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icenine icenine is offline
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We were grossly over consuming thanks to China and now we will begin to under consume to level out cost of inflation. For example, do we really need a new iPhone every year or two?
I just bought a OnePlus 10 Pro 5G from Best Buy...from the same company that made OPPO DVD players once. I love it...my Iphone 8 was getting boring.
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  #230  
Old 12-30-2022, 10:21 AM
Chicks Chicks is offline
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This week in Bidenomics: It was a pretty good year
https://finance.yahoo.com/news/this-...151825001.html

... and a not so good year in Whell's World of negativity and alternative "facts".
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