Paying for the same oil, again and again! The Biden oil scam.
Bend over for the Biden Oil Scam
For the first time in generations, middle class people in the United States will have severe difficulty heating their homes this winter, thanks the the deliberate sabotage of our energy sector by a corrupt government and their chosen cronies. I call it the Biden Oil scam. And YOU, while your finances are being raped, will pay for the same oil over and over again.
Gasoline prices are too high and have been artificially maintained at these high levels. And prices will go higher still. It is intentional.
The Strategic Petroleum Reserve is perilously low, as is the nation's supply of diesel fuel. The nation has been put at extreme risk, again, for corrupt political reasons. You will pay several times over for this intentional screw up made by government officials who see dollar signs in the "Green Energy" scams.
To mitigate the political damage they brought on themselves, and keep the "Green" scam alive for their cronies domestically, they sent Joe Biden to kneel before the Saudis to get more oil from THEM! He got burned, snubbed, sent packing.
Fall In! Join the Revolt!
Now Joe and the Cronies (sounds like the name of a 60s rock band) are crawling sheepishly into bed with Nicolas Maduro, a world class scumbag who presides over the sewer that was once Venezuela. They are squandering American dignity even further to get more oil on the international market, while keeping the Green scams alive here.
How the Biden Oil Scam works.
First, Biden says he is slamming the door on new drilling on day one of his Regime. We were told this was to save the planet. It's won't. It is to force contrived value into the market for the tinker toys I've covered in other posts.
Suffice it to say that even the tinker toys were never meant to save the planet. That's just the sell line. It's like how cereal companies once told you Cap'n Crunch was GOOD for you kids. In the case of the tinker toys, they too, are a scam to bilk hundred of billions of dollars by cronies. But I digress.
Back to the oil
The oil thing has been working this way: First the drilling industry is wrecked here in this country. Big oil companies, NOT THE SAME PEOPLE, are then tasked with importing the oil we need from a much smaller supply pool. They don't care. They buy, they sell, they make money.
Remember when Biden and many DC Dems railed against the oil companies saying they were the problem with high gas prices because they were greedy! Most of you believed this. But hell, Exxon, Chevron and the lot along with Regime are pleasuring each other under the table while they pretend to be at odds over this.
While all this is going on, Joe Duh releases more around 200,000,000 barrels of from the strategic petroleum reserve (SPR). YOU PAID FOR THAT OIL INTENDED TO PROVIDE SECURITY! [that was the first time you paid.] Now that he's selling it off, you should get your cut right? But you didn't. [Sting number two].
All that SPR oil was sold below market to the BAD, BAD, Greedy oil companies that Joe Duh was telling you were gouging you. When this oil showed up in your market you paid for it again in the form of gasoline, motor oil and everything else. In this case you paid for all the SPR oil released but that was only about half of the total now on the market. But you still paid for it at the retail level. [That makes three times you been burned.] But wait! There's more!
Are you tired of paying yet?
But it doesn't end there. Twice during the big SPR fire sale Joe Duh through his crackhead son's contacts, sold MILLIONS of barrels of our SPR to CHINA! A strategic asset sold to the fucking ChiComms. Now in this case you only paid a percentage more since by selling it to Hunter's buddies, he only caused about a 25% dent in the domestic supply at the time of the sale. So you only paid a newly inflated price. China didn't. They got their oil below market. But you continued to pay full boat, plus.
Remember, all this time, the big bad oil companies (Biden's labels, not mine) are raking it in hand over fist. Drilling companies are folding left and right.
Here's the final insult [and where you'll pay yet again]. Eventually all that oil needs to be put back into the SPR. 200M BBL! Today's price is $80+ per barrel. It won't drop much between now the the day it all goes back in.
So at that point, while your are still paying for the oil YOU USE day to day, your tax dollars will go to replenish the SPR after you didn't get a cut of for having it stolen from you in the first place!
AND THE FINAL BONUS: Drum roll - BRDRDRDRDRDRDRDRDRDR Symbols: SMASH! Replenishing the reserve will cause the price of gas to go up! Again!
All the while, the big banks, big oil, Biden, Schumer, the ChiComms...all were feeling each other up and giggling together.
IT WAS A SCAM FROM THE BEGINNING! JUST LIKE THE WIND AND SOLAR FARMS ARE A SCAM! ESG IS A SCAM! BUILD BACK BETTER, COVID RELIEF, INFRASTRUCTURE BILL...THEY ARE ALL DESIGNED TO FUNNEL MONEY AND POWER INTO CORRUPT HANDS AND RENDER YOU DEFENSELESS! And all contributing to the present economic toilet we're now swimming in.
A Giant Cup of Common Sense