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Author	Topic: [Poll: 2011.28]: Do you think it was a good idea to release oil from the Strat...	Post a Reply Back to Topics

JT Moderator	Message Posted: Jul 2, 2011 9:01:00 PM Ignore JT Report Abuse Do you think it was a good idea to release oil from the Strategic Petroleum Reserve (SPR)? Yes No No opinion / I don't know Post your thoughts about this poll below.

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Message Posted: Jul 2, 2011 9:01:00 PM

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Do you think it was a good idea to release oil from the Strategic Petroleum Reserve (SPR)?
Yes
No
No opinion / I don't know

Post your thoughts about this poll below.

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buddyboy8160 Sophomore Author Florida Posts:235 Points:49,020 Joined:Jun 2011	Message Posted: Jul 8, 2011 2:41:22 PM Ignore buddyboy8160 Report Abuse It didn't do any good tapping into it now look at the gas prices going back up again
Buddy2264 Champion Author Tampa Posts:11,649 Points:2,358,995 Joined:Oct 2005	Message Posted: Jul 8, 2011 2:12:24 PM Ignore Buddy2264 Report Abuse As we can see it did not lower the prices and they are going back up. Now it will cost us more to replace it, especially if you use the first in first out method, and we paid a lot less for that crude oil. I hope the money they earned was used to replace the oil at whatever cost. Conservation keeps your money in your pocket.
btsom Sophomore Author Oklahoma City Posts:222 Points:14,100 Joined:May 2011	Message Posted: Jul 8, 2011 1:57:55 PM Ignore btsom Report Abuse [quote]Those that are saying their gas is going back up, it may or may not be the result of the release, however, I feel it is more the oil companies and the individual gas stations responsible right now. [/quote] There are 42 gallons in a barrel of crude oil. At $96/bbl that is about $2.29 per gallon. What do you believe is a fair price per gallon for shipping, refining, distributing, blending, delivering to your corner station, and finally for pumping it into your tank?
Pspeed Champion Author Baltimore Posts:7,139 Points:929,135 Joined:Jun 2007	Message Posted: Jul 8, 2011 1:47:01 PM Ignore Pspeed Report Abuse No. Put that oil back in prison where it belongs.
btsom Sophomore Author Oklahoma City Posts:222 Points:14,100 Joined:May 2011	Message Posted: Jul 8, 2011 1:46:44 PM Ignore btsom Report Abuse Obama and those who still support him have no idea what STRATEGIC means. One of the things it does NOT mean is lowering gas for a week going into the summer driving season. The few days of lower pump price and world crude price does indeed prove that supply and demand still have an influence on today's market. A one time "spurt" did just what could be expected, a very brief drop in price. Removing oil from the SPR is just one more form of deficit spending, only with a commodity rather than with money, which will come back to haunt Obama and/or his successor. The only cure for rising energy price is to fire everyone in this administration who supports Obama's bottling up our domestic sources of oil, coal and gas, especially the guy at the top, and get back to drill here, drill now just as quickly as possible. [Edited by: btsom at 7/8/2011 4:49:10 PM EST]
pulpwood Champion Author Mississippi Posts:7,379 Points:1,859,605 Joined:Sep 2006	Message Posted: Jul 8, 2011 1:14:48 PM Ignore pulpwood Report Abuse 4%
kame2c Champion Author Portland Posts:5,620 Points:193,725 Joined:Mar 2011	Message Posted: Jul 8, 2011 1:14:41 PM Ignore kame2c Report Abuse Those that are saying their gas is going back up, it may or may not be the result of the release, however, I feel it is more the oil companies and the individual gas stations responsible right now.
kame2c Champion Author Portland Posts:5,620 Points:193,725 Joined:Mar 2011	Message Posted: Jul 8, 2011 1:11:53 PM Ignore kame2c Report Abuse Winoscientist, LOL...that is worth pursuing!
leprecaun38 Rookie Author Ontario Posts:16 Points:32,170 Joined:Apr 2008	Message Posted: Jul 8, 2011 12:32:37 PM Ignore leprecaun38 Report Abuse Well since out gas has gone up twice in two days, I'd say it wasn't a great idea if they thought it would bring prices down. We're now sitting at over $1.30/litre in KW Ontario.....
ToriB All-Star Author Washington Posts:973 Points:146,030 Joined:May 2008	Message Posted: Jul 8, 2011 12:31:17 PM Ignore ToriB Report Abuse Great idea! Obama was right on! This is the first time in years that gas prices have dropped during SUMMER months! Thanks Obama, for lightening the load a bit for our Summer!! Keep up the good work!! Kick those Congressional Republicans in the you know what, until they understand that we Americans want the wealthy to pay their fair share!!!
bigbad401 Rookie Author Minnesota Posts:54 Points:300,050 Joined:Feb 2011	Message Posted: Jul 8, 2011 12:13:47 PM Ignore bigbad401 Report Abuse Obomno (Thanks NOTSOGRN) was way wrong to open the SPR. It failed him miserably. It was a pure political move that failed.
miser709 Champion Author Grand Rapids Posts:1,268 Points:1,069,050 Joined:Mar 2004	Message Posted: Jul 8, 2011 12:03:09 PM Ignore miser709 Report Abuse Terdburner said: Well, where did it go? Is it hanging around on street corners or is it looking for work? I hope you find it. The mind is a terrible thing to loose.
pkhdonovan Champion Author Maine Posts:12,001 Points:2,703,855 Joined:Sep 2005	Message Posted: Jul 8, 2011 10:33:05 AM Ignore pkhdonovan Report Abuse not sure
marlita Champion Author Dayton Posts:3,312 Points:785,130 Joined:Mar 2010	Message Posted: Jul 8, 2011 10:08:54 AM Ignore marlita Report Abuse no
Terdburner Champion Author Idaho Posts:5,398 Points:167,530 Joined:Nov 2010	Message Posted: Jul 8, 2011 9:14:27 AM Ignore Terdburner Report Abuse Well, where did it go? Is it hanging around on street corners or is it looking for work?
torinix Champion Author Maryland Posts:24,392 Points:1,146,630 Joined:Oct 2005	Message Posted: Jul 8, 2011 9:07:24 AM Ignore torinix Report Abuse No. Instead we need to do something about these refineries and the games they play.
Cookyz Rookie Author North Carolina Posts:1 Points:220 Joined:Jul 2011	Message Posted: Jul 8, 2011 9:00:31 AM Ignore Cookyz Report Abuse i think it was a great idea becuz now we're getting lower gas prices for the summer. obama would be able to do alot more but them old mean republicans in the senate house keep declining every bill he trys to pass.... obama was going to lower gas prices a very long time ago but he could never do it.. why?? becuz when it was time for the legislator house to vote all the republicans said no and all the democrats said yes.. and with more republicans then democrats majority will rule.. and in this case that's these old mean republicans
Bonanza Champion Author Boston Posts:12,081 Points:2,550,030 Joined:Jun 2004	Message Posted: Jul 8, 2011 7:52:55 AM Ignore Bonanza Report Abuse No, it was not a good idea
MrsB2u Rookie Author Raleigh Posts:3 Points:3,735 Joined:Jun 2011	Message Posted: Jul 8, 2011 7:29:46 AM Ignore MrsB2u Report Abuse It just seems that saving for a rainy day doesn't make much sense when its constantly raining? I say tap the reserves if it will help lower pump prices and give the people a chance to buy a soda with their gas!
ncwebguy Rookie Author Raleigh Posts:58 Points:106,910 Joined:Apr 2008	Message Posted: Jul 8, 2011 7:12:16 AM Ignore ncwebguy Report Abuse mouTh brEAther opinion a few weeks ago - Predent Obummer ain't doin nuttin about gas prices. He's just sitting on the strategic reserve, it ain't doin nuttin while we pay more for gas. If there was more oil, prices would go down. I is smrter than the muslin socalst... mumble mumble mumble. mouTH brEAther opinion today - Predent Obummer is trying to make us less secure. The strategic reserves are less and gas prices keep going up anyway. He ain't doin nuttin about gas prices. I is smrter than the muslin socalst... mumble mumble mumble. The smart people said for years taking oil out of the strategic reserve would not do anything. But the 'we share a brain' trust on the Right kept making that demand. We tried the GOP 'common dense' (they like to call it common sense but that is only a lable, not the truth) way. Of course their response is "why did you listen to us, you moron", ignoring the mouTh brEAther in the mirror who continues to ruin the country.
N9HVP Champion Author Indiana Posts:11,708 Points:2,470,640 Joined:Sep 2004	Message Posted: Jul 8, 2011 6:45:21 AM Ignore N9HVP Report Abuse No.
Winoscientist Champion Author Maryland Posts:7,916 Points:1,374,260 Joined:Jun 2007	Message Posted: Jul 8, 2011 6:37:26 AM Ignore Winoscientist Report Abuse That was a bad idea. Now releasing booze from the Strategic Alcohol Reserve, specifically in my custody, is a decision worth implementing.
dongo50 Champion Author West Virginia Posts:14,684 Points:2,379,070 Joined:Jul 2006	Message Posted: Jul 8, 2011 6:18:11 AM Ignore dongo50 Report Abuse don't know.
btscot Sophomore Author Michigan Posts:118 Points:140,885 Joined:Mar 2006	Message Posted: Jul 8, 2011 6:05:23 AM Ignore btscot Report Abuse No. Prices dropped for a few days then shot back up with a double whammy for the 4th of July.
scuddud Sophomore Author British Columbia Posts:154 Points:27,170 Joined:Mar 2011	Message Posted: Jul 8, 2011 5:41:38 AM Ignore scuddud Report Abuse bad idea
zacksnanny Champion Author New Brunswick Posts:1,634 Points:2,201,745 Joined:Aug 2005	Message Posted: Jul 8, 2011 5:14:45 AM Ignore zacksnanny Report Abuse No opinion / I don't know
Blewspruce Veteran Author Twin Cities Posts:496 Points:117,745 Joined:Oct 2004	Message Posted: Jul 8, 2011 5:11:27 AM Ignore Blewspruce Report Abuse No this is for military use only we should just drive less maybe we should ration the gasoline it worked during world war 2
Lengas Champion Author Gary Posts:13,545 Points:2,716,800 Joined:Nov 2004	Message Posted: Jul 8, 2011 4:59:07 AM Ignore Lengas Report Abuse Yes but, too little too late!!!!
cigarman409 Champion Author Massachusetts Posts:4,431 Points:1,825,660 Joined:Jul 2007	Message Posted: Jul 8, 2011 4:15:07 AM Ignore cigarman409 Report Abuse yes
mphipps Rookie Author Columbus Posts:5 Points:1,900 Joined:Jul 2011	Message Posted: Jul 8, 2011 3:11:21 AM Ignore mphipps Report Abuse Definitely No. Doing any release from the Strategic Reserve will not close the 35.9Mil barrels current inventory as of Jul 1 which was released yesterday. That will only come through increasing production here at home. And crude prices after taking a short dip on news of this release are back at the same levels as before 96.65/42 gallon barrel. That equates to $2.30/gallon of crude. The current RBOB contract is at $3.08 and if you add the 46.5 cents/gallon state and federal tax anyone charging less than $3.54 is losing money.
Ziggy1962 Champion Author New Jersey Posts:5,741 Points:1,809,710 Joined:Aug 2006	Message Posted: Jul 8, 2011 2:01:27 AM Ignore Ziggy1962 Report Abuse No.
sdecteacher Sophomore Author San Diego Posts:112 Points:188,095 Joined:Jan 2009	Message Posted: Jul 8, 2011 1:55:17 AM Ignore sdecteacher Report Abuse That oil reserve sell-off was just another pillaring of our assets to cover out-of-control spending. That oil went up for bid and 70% went to European countries at prices higher than our current market value. Europe pays about $15 per barrel higher from their supplier. Selling our reserves did nothing to lower the price here, but it might have helped in Europe.
kame2c Champion Author Portland Posts:5,620 Points:193,725 Joined:Mar 2011	Message Posted: Jul 8, 2011 12:28:08 AM Ignore kame2c Report Abuse THOSE certain kind of people always trying to make a point and all they do is show their ignorance!!
kame2c Champion Author Portland Posts:5,620 Points:193,725 Joined:Mar 2011	Message Posted: Jul 8, 2011 12:26:42 AM Ignore kame2c Report Abuse NOTSOGRN, you must be in a different country no body here with that name..or are you stuttering?
d_b Rookie Author Houston Posts:1 Points:29,035 Joined:May 2004	Message Posted: Jul 7, 2011 11:14:52 PM Ignore d_b Report Abuse Only an ongoing supply can help.
paltahasan Veteran Author Atlanta Posts:367 Points:102,770 Joined:May 2011	Message Posted: Jul 7, 2011 10:46:43 PM Ignore paltahasan Report Abuse they have to find something else
paltahasan Veteran Author Atlanta Posts:367 Points:102,770 Joined:May 2011	Message Posted: Jul 7, 2011 10:46:23 PM Ignore paltahasan Report Abuse It;s seems that that is not helping any more..
NOTSOGRN Champion Author Michigan Posts:2,056 Points:1,510,390 Joined:Dec 2007	Message Posted: Jul 7, 2011 10:13:02 PM Ignore NOTSOGRN Report Abuse . . Obomno is disrespectful of this country & it's hard working people.
NOTSOGRN Champion Author Michigan Posts:2,056 Points:1,510,390 Joined:Dec 2007	Message Posted: Jul 7, 2011 10:09:44 PM Ignore NOTSOGRN Report Abuse . . OK just what was Obomno trying to with our nations security if not use the SPR influence the price of oil?
kame2c Champion Author Portland Posts:5,620 Points:193,725 Joined:Mar 2011	Message Posted: Jul 7, 2011 10:01:27 PM Ignore kame2c Report Abuse NOTSOGRN, did you? You need to knock off the offensive and disrespect... Just what do you propose the president do? You know he has no say in oil pricing?
NOTSOGRN Champion Author Michigan Posts:2,056 Points:1,510,390 Joined:Dec 2007	Message Posted: Jul 7, 2011 9:57:11 PM Ignore NOTSOGRN Report Abuse . . Did anybody tweet Obomno to day as to why he fail to stop the price of oil from rising?
trinda1 Champion Author Fort Worth Posts:2,011 Points:544,795 Joined:Dec 2010	Message Posted: Jul 7, 2011 9:46:15 PM Ignore trinda1 Report Abuse If it will help, sure.
lnherring Rookie Author Illinois Posts:1 Points:51,220 Joined:Jul 2011	Message Posted: Jul 7, 2011 8:39:04 PM Ignore lnherring Report Abuse I guess we will just have to wait and see what happens.
2khawk Champion Author Iowa Posts:5,254 Points:927,050 Joined:Oct 2010	Message Posted: Jul 7, 2011 8:38:20 PM Ignore 2khawk Report Abuse Now the price of oil is looking at $100 a barrel again. Has actually gone up since release.
bonnienieves Rookie Author Ocala Posts:3 Points:2,070 Joined:Jul 2011	Message Posted: Jul 7, 2011 8:28:55 PM Ignore bonnienieves Report Abuse not the right solution
jocamat Champion Author New Jersey Posts:10,823 Points:1,466,950 Joined:Jul 2005	Message Posted: Jul 7, 2011 8:24:05 PM Ignore jocamat Report Abuse If it were all for us, yes. But I don't think it is. Plus Obama is trying to look good. An election is coming.
paulydel Champion Author Delaware Posts:8,784 Points:847,675 Joined:Jan 2008	Message Posted: Jul 7, 2011 8:11:05 PM Ignore paulydel Report Abuse i thought it was a good idea but it has to be followed up by not selling our oil elsewhere drilling and build a couple more refineries.
OKRifle Champion Author Oklahoma City Posts:10,397 Points:1,809,310 Joined:Oct 2007	Message Posted: Jul 7, 2011 6:55:53 PM Ignore OKRifle Report Abuse Typical dumb move by the Incompetent Obama!
buddyboy8160 Sophomore Author Florida Posts:235 Points:49,020 Joined:Jun 2011	Message Posted: Jul 7, 2011 6:50:29 PM Ignore buddyboy8160 Report Abuse Will it make a difference
feldagast All-Star Author Toledo Posts:897 Points:104,560 Joined:Aug 2005	Message Posted: Jul 7, 2011 6:03:35 PM Ignore feldagast Report Abuse Its there for 1 reason only, for the use of our military in times of war when we have been cut off from foreign supplies. It was never designed to be used to relieve the public in times of high prices. Obama has tried to use it for political reasons because he knows his chances get bleaker of being reelected the higher gas prices go up.
kame2c Champion Author Portland Posts:5,620 Points:193,725 Joined:Mar 2011	Message Posted: Jul 7, 2011 6:03:13 PM Ignore kame2c Report Abuse Buddyboy8160, LOL