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Jeremycycles t1_isxaibv wrote

Reply to comment by Accomplished_Worth in Biden to release 15M barrels from oil reserve, more possible by cacarca

Ahem, there was a plan to refill the reserve at an extremely cheap price. But one part of the government pulled it from the bill saying they didn't want to "bail out the oil industry"

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[deleted] t1_isxmevm wrote

[removed]

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Jeremycycles t1_isxmikb wrote

We weren't stocked up at the time. The plan was specifically to bring the oil reserves to capacity because oil was at decades low prices

Edit - It was over 120 million barrels below capacity

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itslikewoow t1_isxotsh wrote

Why did Trump say it was at 100% then?

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Jeremycycles t1_isxq57d wrote

Does anyone actually listen to what Trump says? The oil reserve never got over 640 million barrels under his administration. Why did you delete your previous comment?

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itslikewoow t1_isxsnn1 wrote

>Does anyone actually listen to what Trump says

He was literally our president...so yes?

>Why did you delete your last comment?

I didn't delete anything, not sure what your talking about. I added an edit to my previous comment though.

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karibear909 t1_iszwjn1 wrote

Your original comment was removed for some reason.

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Agent_Angelo_Pappas t1_isxve6y wrote

"refill"

They wanted to bring the reserve back to 2008 levels, where the Bush administration had it. The same Bush administration that was so deep in Big Oil's pocket they falsified the existence of WMD's in order to start a war over oil.

We never needed reserves that large which was why we reduced them and kept them lower when a saner administration entered office. If our 2020 reserves weren't sufficient we'd be wiped out right now, but we're still sitting on 400 million barrels and don't need to rush to bring that up.

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Dultsboi t1_iszlymm wrote

>the same bush administration that was so deep in big oil’s pocket

The Bush family is big oil. Bush Sr was an oil baron in the 60’s. People always forget that.

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