Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

FJB

From: locogringo	4/5/2022 2:11:52 PM
	1 Recommendation Read Replies (1) of 1577793

POOF! The bumbling moron just can't get anything right... It Took Just Four Days For Biden’s Oil Price Scheme To Go Up In Smoke Original Article President Joe Biden’s plan to curb gasoline prices by releasing a million barrels of emergency oil reserves daily. The Brent crude index, the global oil benchmark, increased to $108.07 per barrel Monday morning, surging more than 3.1% overnight. The U.S. WTI index skyrocketed more than 3.4% past $103 per barrel Monday. “Will the release of barrels from strategic reserves fill a shortfall caused by sanctions and buyer aversion to Russian oil? In a word, no,” Stephen Brennock, an analyst at PVM Oil Associates, told Reuters. Biden announced Thursday that he ordered the Department of Energy to release a million barrels of oil stored in the Strategic Petroleum Reserve (SPR) every day for six months. <snip> Biden released 50 million barrels of oil in November and another 30 million barrels on March 1. Both previous stockpile releases were followed by temporary decreases in gasoline prices before prices then shot up again.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next