{"id":131730,"date":"2022-10-05T14:32:38","date_gmt":"2022-10-05T18:32:38","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=131730"},"modified":"2022-10-05T16:11:15","modified_gmt":"2022-10-05T20:11:15","slug":"come-and-listen-to-a-story-bout-a-man-named-joe","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=131730","title":{"rendered":"Come and listen to a story ’bout a man named Joe"},"content":{"rendered":"

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\nStrategic Petroleum Reserve Release in Response to OPEC+<\/em><\/p>\n

The OPEC+ alliance of oil-exporting countries cut oil production to bolster sagging prices, a move that will adversely affect the struggling global economy. Vastly more important to Medicated Joe and his Handlers is the inevitable raise in politically sensitive pump prices for U.S. voters just ahead of midterm elections.<\/p>\n

The decision comes between members of the OPEC cartel and non-members, the most significant of which is Russia. It will sharply cut the cartel’s oil production by two million barrels a day. In a statement, OPEC+ said the decision was based on the “uncertainty that surrounds the global economic and oil market outlooks.”<\/p>\n

The Strategic Petroleum Reserve (SPR) was built to alleviate domestic supply shortages in emergencies, not artificially increase supply to drive energy costs down.\u00a0 Instead of addressing the root causes of this self-inflicted energy crisis, Joe continues to double down on policies that will not solve our economic recession and will fail to relieve prices at the pump.<\/p>\n

The U.S. taxpayer spent the money to build the SPR, but the release does not directly benefit the U.S. consumer. Biden is dangerously squandering a resource and risking our national security for elusive political points.<\/p>\n

Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC+ cuts<\/h3>\n

Strategic Petroleum Reserve release will be in addition to 180M barrels released since April<\/em><\/p>\n

By Caitlin McFall FOX Business<\/strong><\/p>\n

President Biden on Wednesday said he would release 10 million more barrels of oil from the U.S.\u2019s Strategic Petroleum Reserve (SPR) in November in a move to counter raising gas prices again. <\/p>\n

His decision was announced just hours after Organization of the Petroleum Exporting Countries (OPEC+) said it would be cut oil production by 2 million barrels a day.<\/p>\n

The cuts will restore the oil market for top producers like Saudi Arabia and Russia but are also expected to drive up costs at the pump globally. <\/p>\n

But Biden\u2019s attempt to circumvent the spike in gases prices, expected to hit the market in time for the midterm elections, may not prove all that effective. <\/p><\/blockquote>\n

~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

The White House condemned the OPEC+ decision and said in a joint statement released by National Security Advisor Jake Sullivan and NEC Director Brian Deese that Biden was “disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin\u2019s invasion of Ukraine.”<\/p><\/blockquote>\n

Fox News<\/a><\/p>\n

That’s rich, Medicated Joe chastising OPEC about oil production. UFB. As for the SPR release, the United States uses some 20 million barrels of oil every day. Midterms are a month out and the fear is getting palatable. <\/p>\n","protected":false},"excerpt":{"rendered":"

Strategic Petroleum Reserve Release in Response to OPEC+ The OPEC+ alliance of oil-exporting countries cut oil … Come and listen to a story ’bout a man named Joe<\/span>Read more<\/a><\/p>\n","protected":false},"author":657,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209,447],"tags":[],"class_list":["post-131730","post","type-post","status-publish","format-standard","hentry","category-teh-stoopid","category-dick-stepping"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/131730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/657"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131730"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/131730\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}