Biden Truth: Shipping U.S. Oil Reserve to Asia Since 2021


The truth of our oil reserves going abroad has been going on since 2021. I have been posting about it since forever. The media must be giving up on Biden to finally give the great reveal.

First post was:

U.S. Strategic Oil Reserve at 2003 low – Why Are We Tapping it? Where Did It Go? To Asia!

Here is a flashback and roundup of our shipping out our oil reserves that I posted in April 19, 2022.

And of course our gal previously from Moveon.Org doesn’t know one thing about it.

The first time Biden released our oil reserve last fall it made its way to Asia. Now we learn that this batch is headed to..drum roll please… Europe. These releases were suppose to bring the price of oil down here. Forget that the purpose of the oil reserve was for emergencies. Just where does the money received from these sales go Mr. Joe? Just thought I would ask. It is being sold as reducing our cost. First the update and then a trip down memory lane:

Joe Biden’s decision to release 180 million barrels of oil from the US Strategic Petroleum Reserve – one million barrels per day for 180 days, ending just before the midterm elections which the Democrats will lose in an avalanche – was meant to help lower US gasoline prices “because Putin price hike.” Instead, it is heading for Europe.

…..

According to Bloomberg, citing a person familiar with the matter, the Suezmax ship Advantage Spring – sailing for Rotterdam, according to ship-tracking data compiled by Bloomberg – received emergency SPR sweet crude from Energy Transfer’s Nederland oil facility around April 1 for export.

Read more

U.S. Strategic Oil Reserve at 2003 low – Why Are We Tapping it? Where Did It Go? To Asia!

Trump filled it up before he left office and confirmed it. Turns out Biden is shipping our reserves to Asia!

Trump Orders US Strategic Oil Reserves to Be Filled ‘Up to the Top’ Amid Coronavirus Pandemic

“Based on the price of oil, I’ve also instructed the Secretary of Energy to purchase… large quantities of crude oil for storage in the US strategic reserve. We are going to fill it right up to the top. It puts us in a position that’s very strong, and we are buying it at the right price”, Trump said.

Everyone is talking about opening the tap. Namely one Chuck Schumer. Let’s follow the bread crumbs for the surprise ending. Here is the give away!

Biden is selling massive amounts of SPR oil…to Asia!

Here is the craziness:

Schumer Calls On Biden To Release Oil Reserves And End Oil Production

 ForexLive:

U.S. reduces strategic petroleum reserve by 3.2M barrels, lowest deposit level since 2003: EIA

  • US reduces stocks and strategic petroleum reserve by 3.2 million barrels
  • The reserves are now at the lowest level since June 2003
Yesterday the acting head of the EIA said that any release from the US strategic petroleum reserve (SPR) would have only short-lived impact on oil markets.
It even gets more interesting- in a previous post:

The South China Morning Post reports that President Biden asked President Xi, during their virtual meeting overnight, to release China’s oil reserves as part of an economic cooperation pact.

According to a person familiar with the matterthe US has asked China to release oil reserves to help stabilize soaring international crude oil prices.

The issue was also broached during a phone conversation between Chinese foreign minister Wang Yi and US Secretary of State Antony Blinken two days earlier.“One of the pressing issues for both sides is energy supply,” the person said, which made us wonder just what China would want to give up some of that ‘supply’ for to help out its arch-competitor on the global hegemon stage?

Now why would that be? And where did our strategic oil go?
The Strategic Petroleum Reserve (SPR) is a supply of petroleum held by the United States Department of Energy (DOE) for emergency fuel. It is the largest emergency supply in the world, and its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m3).

Here is a handy dandy interactive chart which will give you the monthly and yearly stats:

US Crude Oil in the Strategic Petroleum Reserve Stocks

YCHARTS

638.08M bbl Jan 1 2021.  Then
606.15M bbl for Wk of Nov 12 2021.  Now
Hmmm

SPR Quick Facts 

The Strategic Petroleum Reserve is a U.S. Government complex of four sites with deep underground storage caverns created in salt domes along the Texas and Louisiana Gulf Coasts.

Current inventory –  Click to open inventory update window

DIR

It turns out that Biden is already tapping into the SPR; he’s just not doing it to help Americans.  A report in investment circles is finally trickling down into the mainstream news: Biden is selling massive amounts of SPR oil…to Asia!

According to Bloomberg/Quint:

(Bloomberg) — If the Biden Administration decides to tap U.S. emergency crude reserves to push down domestic energy prices, it may not help all that much. The supplies may just be exported away like last month.

November 18, 2021

American Thinker:

About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve — a monthly record — was shipped out in October, according to data from market intelligence firm Kpler.

All three supertankers went to Asia.

“Given the ongoing pace of the current SPR release — 12 million barrels in the last two months and the biggest weekly release so far last week at 3.1 million barrels — it’s fair to assume more SPR barrels are going to leave U.S. shores in the weeks ahead,” said Matt Smith, an oil analyst at Kpler.

As far as I can tell, the administration has not explained why, with Americans struggling to keep up with rising fuel prices, it’s shipping our SPR to Asia.  During the virtual meeting between Biden and Xi Jinping, the two men allegedly discussed releasing oil from both countries’ petroleum reserves but made no mention of the sales to Asia that already took place.

It’s becoming clearer daily that there is a clown in the White House, but it’s not a cute, loving clown like Bozo (although I always found him kind of creepy).  Instead, we’re being led by the political equivalent of the Joker from the D.C. Comics, a mad man who wants to burn it all down.

Continue at American Thinker  

November 18, 2021

Bonus: Liar liar pants on fire. Does he even know the reserves are being released?

Biden noncommittal on a potential Strategic Petroleum Release … – CNN

Nov 6, 2021 — President Joe Biden on Saturday was noncommittal on ordering a Strategic Petroleum Reserve release in an attempt to address rising crude oil …

That my friends is one of the biggest days in swamp land. Go figure this one out.

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23 Responses to “Biden Truth: Shipping U.S. Oil Reserve to Asia Since 2021”

  1. Elizabeth Says:

    Politics Rewritten is resurected here

    Like

  2. Baysider Says:

    I feel like I keep writing how history repeats itself. Honestly, my current book, American Betrayal, highlights the U.S. lend-lease program that kept the Russians liberally supplied with tons of war materiel. The program that Khrushchev said in 1970 was essential to the Soviet’s ability to advance into Europe, and the same program that Gorbachev said about 15 years later never existed. In fact, he hotly denied it.

    More importantly, the war aid to Soviets took priority – by order of the president – over equipment needed by American troops in many cases. Sound familiar? The author presents a spectacular scenario of withdrawing air support to the British at Singapore at the moment it could have made the biggest difference as one of many offenses. But it was business as usual as billions in war equipment, hydroelectric plants, a tire plant, oil refinery, 1 million miles of copper wire (sent at the very end), icebreakers to keep the gulag supplied with fresh prisoners, and searchlights and other perimeter security stuff to keep ’em there, secret US military blueprints, cranes, hoists, derricks, typesetting, textile machinery, elevators, air compressors, rock drills and so much more was given to the Commies. In exchange for what? Well, we know many of those Detroit made military trucks with instructions stenciled in Russian on them were alive and kicking in the Vietnam war with France. But I digress.

    At one point the author posits: was the point of our effort more to see Hitler defeated, or more to see the Soviet state stand? It’s a fine point, but there is a distinction, and clearly 2 factions in our country whose hearts and energy fastened to each side of that equation.

    Fast forward to today’s post: what exactly is the point of this move? I’d answer it’s an equalizer, a move to see the American state and its people brought down a notch to be “more equal” with the miserable lot of another Commie monolith. Far fetched? Not when you remember where Biden’s bread is buttered … and that of a long trail of commercial interests who don’t want to piss off the Commies.

    Liked by 1 person

    • bunkerville Says:

      I want to know where is the income from all of these sales….

      Like

    • Mustang Says:

      Lend-Lease supplied Chiang Kai-shek and Mao Zedong in equal measure. Chiang used his US-supplied weapons and munitions against the Japanese; Mao stored his allocation away in caves. Jeeps, Trucks, Artillery, small arms, ammunition, medical supplies, food rations, and so forth. Now, at the end of the war, Mao began using those weapons against Chiang’s nationalists and the U.S. Marines sent to China to accept the surrender of Japanese forces.

      So, on behalf of all those Marines who were killed or wounded by Chinese communists from 1945-1948, particularly those who were killed or wounded because Truman demobilized the active forces to the extent they could not defend themselves, I hope FDR and Truman are burning in hell.

      Liked by 2 people

      • Baysider Says:

        The Japanese did similar with humanitarian aid after the 1922 earthquake – kept for war.

        Even more hell burning should be in store for those nameless officials who approved lend-lease shipments to the Soviets of heavy water, uranium, a tremendous amount of technical data needed to develop nuclear, and millions of pounds of specialized tubing used in its production. The reds had a jump on their nuclear program before the Rosenberg’s treason.

        Wait a minute. That guy has a name! Harry Hopkins. Whaddya know. It’s FDR’s pinko advisor, the boss of the lend-lease program.

        Liked by 2 people

      • Mustang Says:

        We should first purge the enemies within before we go around trying to start wars with other countries … but that’s just my opinion.

        Liked by 2 people

    • Baysider Says:

      Hit post too fast. There might have been a lot more caution in Korea had there been no bomb in Russia.

      Like

  3. nrringlee Says:

    Someone once explained this whole Strategic Petroleum Reserve thing to me while I was. taking a nine month slumber break at a Command and Staff College. They mentioned something about war fighting and energy and how we needed to have lots of it. Being a ground pounder I kinda got it from riding in tracks and helicopters. So when we use that vital resource for something other than war fighting I begin to question motives. Of course, the game changer is this: in the current Harris/Biden regime the People’s Republic of China and in particular the Chinese Communist Party have the best government money can buy. That clarifies the issue for me.

    Liked by 2 people

    • bunkerville Says:

      One can at least ask where did all the money go for selling our reserves? If we were at a 2003 low in November of 2021… where is the income? Don’t tell me they gave it away… when in doubt follow the money. Maybe just ask Hunter…

      Liked by 1 person

  4. Always On Watch Says:

    How is this not treason?

    Liked by 2 people

    • bunkerville Says:

      Sure sounds like it to me…. and why was this not a headline last year when he lied about it.. October? And he doesn’t know about it in November? Now to China???

      Liked by 2 people

      • Dave Drake Says:

        In many ways, I look at what’s happening now and see what Obama didn’t accomplish in his two terms, telling us, “we have to lower our standard of living and ‘make sacrifices’ in order to ‘lift up’ the rest of the world.”

        Biden is Obama’s 3rd term. I didn’t think it was, initially. Time is proving this right, at least to me.

        Trump never asked us to ‘sacrifice’ what we have and had. He wanted us to have more. My 2 cents.

        Liked by 3 people

      • bunkerville Says:

        Perhaps Lenin’s second term….wait for the famine….

        Like

      • Baysider Says:

        Since when is a Biden lie a headline ever in the MSM?

        Liked by 1 person

    • Mustang Says:

      We could all agree never to elect anyone who is a proven liar — which is exactly what Joe Biden has always been — but then, were that the case, we would have an empty White House and an empty capitol building. Truly, I hate that Joe Biden is president. But I hate even more the fact that Americans elected that swine, people who knew full well that he’s a damn liar. Man … can it get worse than that?

      Liked by 2 people

      • bunkerville Says:

        I must admit this post was a hard one to do… hearing the faux outrage over where our oil is going..if I hadn’t been plum wore out I would have gone into where all our Nat gas was going too… over to Europe -of course that being keeping up our price of gas here… look, let the greenies in Europe have one long cold winter and they will be happy to tool back up their coal fired plants and Nuke plants…

        Liked by 2 people

      • Mustang Says:

        It is always interesting to look into the faces of communists as they are marched off toward the gulags. You know … that split second when the truth is finally revealed and a realization that it’s too late and you did it to yourself. It’s the same expression we find on the face of greenies when they can’t get any food for their bellies.

        Liked by 2 people

      • Baysider Says:

        And Mustang many remain true believers to the bitter end. So many of the loyal party commies that Stalin took out in shameful show trials still said – after all that transpired – if only Comrade Stalin knew about this. He’d put a stop to it. I’m sure some will wake up, but not holding my breath for many. It’s a powerful delusion. It seems to me I read somewhere about a “powerful delusion” being sent and the deluded are in deep caca. But why? “so they will believe the lie and so that all will be condemned who have not believed the truth but have delighted in wickedness.” 2 Thessalonians 2:11 Is this that? Or is this just like that?

        Liked by 2 people

  5. markone1blog Says:

    In part, we do it again. My last article on Dementia Joe (following the articles on Creepy Joe, Sleepy Joe, and another on Dementia Joe) touch on just this topic.

    My quote of Bloomberg catches them covering for Joe while they in part explain how Joe has made us the piggy bank for the world’s oil system. From that I ask:
    1. What might be the short-term market ramifications of losing this buffer
    2. What might be the long-term market ramifications of losing this buffer
    3. What might happen militarily should we need a reserve for our jets, ships, tanks, and other non-electric fighting equipment

    Liked by 1 person

    • bunkerville Says:

      He was sending off the oil reserve in October while Schumer and Biden were still “thinking about it.” Such liars.

      Liked by 1 person

      • markone1blog Says:

        In Biden’s July 4 address, Joe referred to the Supreme Court decision on Dodd (you know, the one sending the decision back to be debated at the individual states) as an instance of “losing our liberty.”

        Instead of speaking on something that would unite us on a day when many Americans want to come together, Joe decides to be hyper-partisan. Thence, what do you expect? This guy has practiced lying (or, rather, just focusing on the partisan left — no matter whether it is a lie or not) so much he cannot distinguish truth from lies.

        Liked by 1 person

      • Mustang Says:

        By the time Biden is done, we won’t have any liberty to lose. Problem solved. Yeah, the American voter sure does get it.

        Liked by 2 people


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