Crush Liberalism

Liberalism: Why think when you can “feel”?

Obama and the UK want to release oil from their strategic oil reserves

What, the algae isn’t coming along as swimmingly as The One thought it would?  Anywho, details:

President Barack Obama and British Prime Minister David Cameron discussed the possibility of releasing emergency oil reserves during a meeting on Wednesday, two sources familiar with the talks said, the first sign that Obama is starting to test global support for an effort to knock back near-record fuel prices. Obama raised the issue during a broad bilateral meeting at the White House, according to a UK official with knowledge of the discussion. 

The Strategic Petroleum Reserve is intended to buffer against supply problems in the case of a national emergency.  In this case, we’ve identified what the “national emergency” really is, via NRO:

The “emergency” would seem to be Obama’s poll numbers. Then again, this seems to be a Democratic candidate tradition; Al Gore called for the same move while running for president in 2000.

Oil from the Strategic Petroleum Reserve has been sold five times in its history: Most recently in 2011 during the conflict in Libya; in 2005 after Hurricane Katrina; a sale of  $227 million worth of oil during fiscal year 1996 to reduce the federal budget deficit; in 1990-1991 during Desert Shield/Desert Storm, and a small “test sale” in 1985.

I’m confused, though.  Chairman Zero has been telling us that there’s nothing a president can do to affect oil prices.  Then why bother doing this, if that’s true?  Unless, of course, it’s not policy-based, but #ss-saving-based.

Exit question: If drilling is, as B.O. and his minions absurdly insist, a “faulty short-term solution”, then just what the h3ll is releasing drops from the oil reserve?

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March 15, 2012 - Posted by | economic ignorance, energy, Obama, oil

5 Comments »

  1. […] Obama and the UK want to release oil from their strategic oil reserves (crushliberalism.com) […]

    Pingback by Rush: Obama Aims to Release Oil to Make Himself Hero « ~ GUNNY.G: CITIZEN BLOGGER.1984+. ~ (BLOG & EMAIL) | March 15, 2012

  2. […] Obama and the UK want to release oil from their strategic oil reserves (crushliberalism.com) […]

    Pingback by Barack Obama’s War On Oil (Yes, it’s Intentional) « The Neosecularist | March 17, 2012

  3. […] Obama and the UK want to release oil from their strategic oil reserves (crushliberalism.com) […]

    Pingback by Message from the President Regarding the Continuation of the National Emergency (partial) « CITIZEN BLOGGER.1984+ GUNNY.G BLOG-EMAIL | March 17, 2012

  4. If this is a political move, that I’m almost sure it is, the country will see through it.

    However, the fact that it’s being done with the UK, makes me think, could this be preparation for an Israeli attack on Iran?

    Comment by Steve | March 18, 2012

  5. […] Obama and the UK want to release oil from their strategic oil reserves (crushliberalism.com) […]

    Pingback by Obama Lying About Oil Reserves. | Political Vel Craft | March 19, 2012


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