#PresidentBiden #oil #yahoofinance
Yahoo Finance’s Rick Newman breaks down the Biden administration’s plans to buy back oil to replenish the strategic petroleum reserves.
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How is he intending to build our depleting reserves back up? I’m betting he won’t.
That’s because you don’t have any idea what you’re talking about.
Trump will.
Help, Trump did.
wow good job joe biden, gas price went down .10cents keep it up joe biden😂😂😂😂
All bull there try to explain were all of the money went to since dead people received money now there sending money to each state but again what happened to all this money now we are to suffer not cold God see what all of them are doing God bless the united States out of control
The Putin price cut
This is not how any of this works.
FJB FJB FJB worst president ever
Emergency Reserves
*Hence the name dumbass*
Biden can’t get gas now and somehow he’s going to get it cheaper in the future?
*Hell no,that’s NEVER happening.*
His administration said they would end oil…and they are doing it.
We’re screwed
FJB.
This guy is so corrupt
Rigged elections have consequences
Leave prices alone let the dumb fucs that voted for him starve to death
We’ll be riding horses before it gets filled backup
This guy is a complete dumpster fire…
Oil was 30 dollars a barrel before these idiots took over
This does nothing. This is a distraction. Designed to make the people think something is being done.
Democrats destroy everything
Leftists will act like government controlling prices will solve all problems that created high prices. It’s a typical short-sighted and emotional response that we have come to expect from the modern left.
Biden is being extremely stupid big surprise that strategic oral reserve is for war and otherwise it does not need to be touched. How does Biden handle it? He screws the deal we had with being energy independent and working with the Saudi’s and he’s going to buy oil now from Venezuela?. Someone explains why he cheated on the election and that his entire routine are in an office they should not hold I do not believe they won the election.
America is a nder the spell of drug cartels by hunter Biden and by Jill Biden big pharma .
Very GOOD JOE !
WW3 BEGINS
THY WILL BE DONE
This guy is just pathetic. He sent are reserves to his china buddys. WTF
We bought it all at a low price we’re gonna have to buy it back at a higher price this is stupid
To sell more to China? Sure this isn’t a way to buy vote just like when Joe asked Saudi and OPEC not to raise prices until after midterms…quid pro slow joe
Vote Republican…. Get rid of this ignorance….
The Criminal Joe Biden and the Democratic Crime Syndicate will be brought to justice.
We were oil and gas independent when he took office…. every time a Democrat gets in office a recession happens, and the prices of everything go through the roof.
Joe Biden is a complete failure even by his own standards….
President Biden has applied an adult, reasoned response to the present situation. Thank goodness we have someone in the Oval Office who understands complicated issues.
Joe Biden sucks
The situation he caused
J Bribem’ stupidly 101
Dumbest president alive!
Fjb
This Guy WTF. Seriously FJB
I remember when we were energy independent 2 years ago. What happened?
Bill Ayers got re-elected.
FJB 🖕😎🖕
Full support to Kari Lake! Let’s go Brandon! Roll Tide!!!
Tony Bobulinski look it up
What could go wrong with Traitor Joe at the wheel?
Congrats, instead of upping domestic drilling he decided to deplete our reserves for a temporary fix after his quid pro quo failure.
What’s wrong now ???If Trump would have did this you would call it genius….
Still obsessing over him huh?
What a terrible leader. Fjb
Brandon said he would try to move us off of fossil fuels but to what…..no one knows. Nothing we have can generate that amount of energy unless you want to go nuclear but do we really want to have to clean up the traffic accidents from nuclear powered cars?
the jackass democrats are doing it again
biden- DAH !!
We have oil !! OPEN OUR OWN DAMM OIL LINES AND STOP TRADING WITH TERRORIST AND SLEEPING IN BED WITH THE COMMUNISTS !!
we the American people don’t want a communist government
I wouldn’t vote for a terrorist democrat if gas were free. FJB
Fake news selling propaganda for democrats everyone in America knows this. Democrats desperately trying to twist the narrative and distract America from what a mess they are making of our country and the world
Thanks Biden, for the investing opportunity.
Biden is an idiot. Prove me wrong.
Yahoo is the dumbest next two joe biden.your full of lies. Tell the truth.biden.
Wtf Brandon everything he touches he breaks
Gosh I can’t stand this regime. I have to words let’s go Brandon!
In less that 2 years he’s used almost half of the oil for world war … That he’s trying to cause.. what a POS.. everyone who voted for them should understand what they did
Trying to force gas prices down before they spike after the midterms
Remember when the democrats voted down to fill the strategic oil reserves during Trumps term, when oil was $20 a barrel? Bravo democrats. You made this midterm too easy.
All bullshit
😄😄😄😄😄😄🤡🤡🤡🤡
If you’ll companies are smart they’ll take the deal because the US is going electric
Means u will be paying 5buck and up for the jexr two years
Biden’s entire administration was selected not on experience but race and gender identity. It’s not surprising that they created a disaster.
We have all the oil we need here, but the dishonorable coward won’t drill.
Gov’t using commodities future contracts when Pres. Biden doesn’t understand why stock buybacks are needed is dumbfounding. Bidenflation makes business costs higher, debt more expensive due to high interest rates, so public companies need to reduce total stocks outstanding and increase sales/margins to drive EPS growth in a contracting economy.
Sure, he safe all of us again. Like a contractor building your house after he burned it down.
Diesel is almost 6$a gallon now he needs to pay attention to that it’s killing farmers truckers
I demand 3 dollars a gallon NOW. Dammit.
TWO OR THREE YEARS?????
When is this dupe going to be impeached?
Biden radicalized by socialism, is the greatest danger to the American Constitution.
Doggedly he meanders to find ways and means to get his policies implemented despite wrench throwing Republicans backwards efforts.
I guess everything is going to get better from here on out.
FJB!!!!!!
Prepare yourselves for the massive 2¢ per gallon drop in gas price. It’ll probably last a few days.
Biden is a communist plant. Needs to put things back how he found them.
I never understand anything he does anymore. Our country is going down hill fast. I wish we had Trump again. God help us.
Selling the country’s reserves?
Biden is depleting our strategic oil reserves while pushing us into war.
Hell Yeah! Let’s Go Brandon and his Proud Corrupt Failed Administration with no evidence of accomplishments 🎉🎉🎉🎉👏🏽👏🏽👏🏽👏🏽👏🏽👍🏽👍🏽👍🏽
You are doing a great job President Biden ⚖️🤗❤️
Let’s go Brandon
War seems imminent and he’s using our reserves that Trump bought at a very low price. He’s a train wreck
War seems imminent with who?
Military blogs and fora quoting various sources—you can check this out if you have the time—say we could conduct at most a two-week war if we’re lucky.
That’s not even enough oil for 1 day in America.
That oil belongs to the troops in case of war he had no business using that
He’s getting ready to send troops to Ukraine…unfortunately.
This restriction only applies to US producers. Foreign producers can continue to sell at any price they want, and this makes US producers less competitive on the world market. That said, I do believe US exporters should be taxed.
He’s basically seizing the means of production.
Trump filled the reserves at $2 per gallon. Any relief that the strategic reserve is offering is purely due to Trump’s strategy, and Biden is abusing the reserve for political gain.
The ONLY way that prices are going to come down is to increase domestic production, thereby forcing Russia and OPEC to compete against us.
Barrels of oil that are BORROWED from the strategic reserve, must be repurchased WITH INTEREST. This is a temporary fix, and it will send prices soaring in the future.
This far ◀️ illegitimate regime is a dumpster fire!
I hate oil .. I will destroy oil .. oh .. can you add capacity today to bail my butt out of the mess I created. lets go brandon
It is called strategic oil reserve not lower prices to get elected reserve.Thankfully Trump filled it.
I still haven’t met someone who supports Brandon irl.
Put the controls back on… It’s not a new plan that’s the way it was so they couldn’t profit too much off the American people off their own oil..
PRESIDENT TRUMP 2024! SO LONG JOE BLOW
Impeach the Biden cartel for treason against America! Will drain our reserves and make us vulnerable to our enemies!
Biden is doing this for political reasons, he is making a big mistake.
Saudis control our politics more than people are willing to admit. btw, Republicans have a hand in this
Joe Biden never fails to fail.
Anything to buy one more vote.
Are you people that dumb? What happens when you run OUR war reserves dry for political reasons???
worst president of all time…. Democrats have failed on everything. woke leftists are going to be crushed by the Red wave.
Worst President in the History of our Country. No one administration has done more harm to our country is a shorter period of time than the Biden Administration!
Who knew government actions on climate change would kill us economically and eventually literally before we even witnessed the change in climate. It would be a comical if it wasn’t so true
The crude oil export ban prohibited most crude oil exports from the United States to other countries. It was implemented in 1975 and lifted in December 2015.
Here’s a better idea, RESTART THE KEYSTONE PIPELINE.
Yahoo censors comments.