I was listening to another Tim Ryan commercial and asked myself, “How is he going to pull off this Con”?

Ohioan’s must be easily fooled. In the race for senate we have Tim Ryan and JD Vance.

Mr. Ryan who has been in public office for 20 years and says he’s a moderate. Looking at his voting record, he has voted along democratic lines over the past 20 years but I think the most telling comparison between the two people is Mr. Ryan‘s record in office. He represents the Youngstown , Ohio area which has an unemployment rate of 7.9%. The US average is 6%. Youngstown has seen the job market decrease by 1.1% over the last year. Future job growth is predicted to be 12.5%, which is lower than the US average of 33%.

The Mr. Ryan has an abysmal track record. He even shows an empty factory, in one of his commercials, which is probably in Youngstown.

What has he ever done for his constituents?

How can a decision be so difficult when you have a person with 20 years of failure versus a person who was marine, lawyer, author and successful businessman??

Is being a success in our country now a liability?

Common Sentz

10/29/2022

President Biden announced Thursday that his administration would release about 180 million barrels of oil from the Strategic Petroleum Reserve (SPR) in order to alleviate the economic strain of gas prices that have soared as a result of inflation and the Russian invasion of Ukraine.

Oil will be released from the SPR at a rate of 1 million barrels per day for six months, a move the administration characterized as the largest ever in the reserve’s history.

“This is a wartime bridge to increase oil supply until production ramps up later this year.  And it is by far the largest release from our national reserve in our history,” Biden said in his announcement. “It will provide a historic amount of supply for a historic amount of time — a six-month bridge to the fall.”  

In all, the effort by the administration is expected to result in a modest drop in gas prices — about 10 to 20 cents per gallon.

But what is an SPR?

Crude oil for an emergency

The SPR was constructed and developed to store up to 714 million barrels of crude oil for emergency use, according to the Energy Department.

It was created in the 1970s in response to the oil shocks.

At the time, Arab state members of the Organization of the Petroleum Exporting Countries cut production to protest the United States’ support of Israel in the Yom Kippur War, according to Yale University.

When is it used, and who gets to release it?

The U.S. taps into its reserves for emergency situations such as when hurricanes hit the U.S. or when significant disruptions to the supply chain occur.

The stockpile of oil is controlled by the Department of Energy and directed by the president for releases. 

The Department of Energy has spent around $25.7 billion on the reserves, with $20.7 billion going toward crude oil and $5 billion going to the facilities. 

Prior to Biden’s announcement this week, the U.S. released 30 million barrels of oil in March from the reserves. 

Results

Gasoline prices are higher than we have ever seen. The government reported a year-over-year inflation rate of 7.9% for February, the highest since 1982. Americans need relief, and one thing stands in the way: President Biden’s unwillingness to reverse course on his administration’s commitment to put the American oil-and-gas industry out of business at the consumer’s expense.

In the year since the administration froze new drilling leases on 26% of federal land and more than a third of the nation’s resources in productivity, the U.S. has been falling further from energy independence, putting national security at risk. There is no good reason for America to become more reliant on energy imports. It constrains our policy choices, forces us to cede our national security to foreign players and enriches those who would do us harm. This administration is working with the Saudis, Venezuela and even Iran to come to the rescue. Why?

The 9,000 permits the White House keeps touting is misleading at best. Thousands of those sites can’t be developed as they are held up in litigation. Others require new permits and leases to make a full unit. Thousands more await approval. Conservatively, our data tells us the number of available permits ready for production today stands closer to 1,500, and many of those are already drilling. No leases have been issued for federal land since 2020.

Question

Is the war on big oil in the best interest of any American or are we just creating another problem as we deplete the oil that was accumulated for a real emergency?

Who will Biden blame if our country faces a emergency that requires the oil accumulated by prudent planning?

Common Sense??

I just saw where the OPEC countries are going to restrict gas production by two million barrels per day. Sounds like a crisis in the making? I’m glad our forefathers were thoughtful enough to build a strategic petroleum reserve, but wait. Mr. Biden has released more oil from the strategic oil strategic petroleum reserve that all previous presidents combined with no crisis in sight. He has released more than 30% of the reserve to simply pad his approval rating for the midterm elections.

The strategic oil reserve was built to shelter the citizens of United States from the shock of oil shortages. Shortages such as Desert Storm, Hurricane Katrina and periodic shortages created by OPEC.

The largest oil shortage we face in the USA is created by Mr. Biden’s war on oil. We have the largest oil and natural gas reserves in the world yet it remains in the ground. Mr Biden has leased fewer acres for oil production than any president since World War II. Oil and gas producers that bought leases years ago and have invested in developing them are in limbo for months or years. While the price of oil continues to climb Mr. Biden shifts the blame to oil companies and gas stations.

What has happened to common sense?

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