Mainecat Posted May 23, 2017 Share Posted May 23, 2017 WTF??? Trump Proposes Selling Off Half U.S. Strategic Oil Reserve Source: Bloomberg The White House plan to trim the national debt includes selling off half of the nation’s emergency oil stockpile and the entire backup gasoline supply, part of a broad series of changes proposed by President Donald Trump to the federal government’s role in energy markets. Trump’s first complete budget proposal, released Tuesday, would raise $500 million in fiscal year 2018 -- and as much $16.6 billion over the next decade -- by drawing down the Strategic Petroleum Reserve. “We think it’s a responsible thing to do," Mick Mulvaney, head of the White House Office of Management and Budget, told reporters. The “risk goes down dramatically when we have increased domestic production like we have today.” The proposal also seeks to boost government revenues by allowing drilling in the Arctic National Wildlife Refuge, ending the practice of sharing oil royalties with states along the Gulf of Mexico and selling off government-owned electricity transmission lines in the West. Like much of the budget, those moves are likely to face opposition on Capitol Hill. Read more: https://www.bloomberg.com/politics/articles/2017-05-23/trump-proposes-selling-off-half-the-u-s-strategic-oil-reserve Quote Link to comment Share on other sites More sharing options...
Momorider Posted May 23, 2017 Share Posted May 23, 2017 FAKENEWSMAINECUNT Quote Link to comment Share on other sites More sharing options...
Boered Posted May 23, 2017 Share Posted May 23, 2017 Why not, if it were ever really needed for the purpose it is being held, Canada could pipe it on down in a heart beat. We are still your best friends. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 23, 2017 Author Share Posted May 23, 2017 So we really didnt need the pipeline? Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 23, 2017 Share Posted May 23, 2017 Just now, Mainecat said: So we really didnt need the pipeline? Good grief. How do you even survive...or don't you. Are you dead? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted May 23, 2017 Platinum Contributing Member Share Posted May 23, 2017 (edited) 5 minutes ago, Mainecat said: So we really didnt need the pipeline? The pipeline is just so Canada can pipe their oil to us? To put in our reserve? You're all about the EV now-a-days anyways so who cares? That magical electricity just comes pouring out the walls and into our vehicles. It's a miracle Edited May 23, 2017 by Skidooski Quote Link to comment Share on other sites More sharing options...
Woodtick Posted May 23, 2017 Share Posted May 23, 2017 I just bought a 360 HP V8 SUV. I may buy some from Trump. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted May 23, 2017 Share Posted May 23, 2017 he's looking for money for his wall. Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted May 23, 2017 Share Posted May 23, 2017 anything to help get the price of oil up again. Russia and exxon are depending upon it. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 23, 2017 Share Posted May 23, 2017 Just now, Snoslinger said: anything to help get the price of oil up again. Russia and exxon are depending upon it. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted May 23, 2017 Share Posted May 23, 2017 21 minutes ago, ActionfigureJoe said: he's looking for money for his wall. good what ever it takes get a secure border Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted May 23, 2017 Share Posted May 23, 2017 yep broski, having tillerson, the former ceo of exxon, as sos is just another trump coincidence, along with all the Russia connections. out of many people to choose, he just happened to pick tillerson. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted May 23, 2017 Share Posted May 23, 2017 4 minutes ago, Snoslinger said: anything to help get the price of oil up again. Russia and exxon are depending upon it. si by dumping a shit load of oil and gas in To thé open market Will Jack up Cost how Quote Link to comment Share on other sites More sharing options...
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