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| Manchin fumes as US buys 500,000 barrels of Russian oil a day amid Ukraine war |
| 2022-03-02 |
| [Washington Examiner] Sen. Joe Manchin called on President Joe Biden to ramp up domestic energy production to curtail the United States's reliance on Russian oil and gas imports, accusing the White House of pushing "hypocritical" policies. The West Virginia Democrat said in a statement late Monday that the U.S. importing about a half-million barrels of oil products from Russia a month poses a "clear and present danger to U.S. national security." The "entire world is watching as Vladimir Putin uses energy as a weapon in an attempt to extort and coerce our European allies," said Manchin, who leads the Senate Energy and Natural Resources Committee. Many Republicans have said in recent days that Russia's aggression vindicates the case for added U.S. production of fossil fuels, but it's unusual for a member of Biden's own party to make the same argument. Manchin, though, has long favored fossil fuel production and has been skeptical of his party's regulatory agenda. "While Americans decry what is happening in Ukraine, the United States continues to allow the import of more than half a million barrels per day of crude oil and other petroleum products from Russia during this time of war," Manchin said. "This makes no sense at all and represents a clear and present danger to our nation’s energy security." |
| Posted by:Besoeker |
| #9 And this... |
| Posted by: M. Murcek 2022-03-02 16:39 |
| #8 There are no sanctions vs. Russian crude oil or natural gas for now, but traders and shippers are increasingly "self-sanctioning," seeking to avoid negative publicity. A substantial portion of Russian crude oil exports isn't being bought, even with huge price discounts. Self-sanctioning also appears to be affecting Russian natural gas and other commodities, such as wheat. |
| Posted by: Angaiper Ulavins1210 2022-03-02 16:10 |
| #7 Buying Hunter and Joe Biden paid off. |
| Posted by: Woodrow 2022-03-02 13:07 |
| #6 ^ Remember when the Boosh cartel was going to war to put more oil money in their Texas cronies' pockets (according to MSM, anyway)? Good times... |
| Posted by: M. Murcek 2022-03-02 09:44 |
| #5 Some Cliff Clavin Facts ☺ A barrel of USSR oil now costs $105+/-. US buys 500k barrels of oil a day from the USSR. 500k barrels of oil makes about 20 gallons of gas and 12 gallons of diesel fuel. Using the US DOT/EPA averages Gas vehicles get about 25+/- miles per gallon on average. Commercial Diesel trucks average about 12+/- miles per gallon. 42 vehicle miles per barrel of oil. 42+/- driving miles now costing about 174.50% more than it did in Nov. 2020. Consumer goods now cost 174.5% more to deliver and purchase. The estimated cost of the Ukrainian War to Russia is roughly $34 Billion per day. The US consumers are paying $52.5 Million a day to fund the Invasion of Ukraine by Russia. Or about 15/100's of 1% per day. A Russian T-14 Armata Tank costs $3.7M so at $52.5M. The US is funding 14 such Russian tanks per day, OR 2 Su-57 Russian fighter jets. ----------------------- SOME HISTORY Oil has gone from $38.25 during the last months of TRUMP's Admin to $105 under the Biden-DC Swamp Admin. Or a 174.50% increase in 1 year 1 month since Biden & his handlers took office. We have now exceeded the Obama Admin for the cost of Oil. We can expect the national average price of fuels to be the same as Obama's shortly or more due to LSD funded inflation. Summary: ☻ One must admit Biden learned a lot from Obama☻. |
| Posted by: NN2N1 2022-03-02 09:41 |
| #4 Herb he released a bunch out of the reserve a few months ago. |
| Posted by: Chris 2022-03-02 09:16 |
| #3 They're not even smart enough to set up shell companies in Panama or Brazil to get it reclassified. |
| Posted by: Procopius2k 2022-03-02 07:41 |
| #2 Gosh, if we were only self-reliant in energy. Too bad Biden made us dependent on foreign oil again. Trump filled up the Strategic Petroleum Reserve, didn't he? Did Rapist Biden sell it all off already? Obama did after Bush filled it up. |
| Posted by: Herb McCoy 2022-03-02 06:10 |
| #1 Wait till Biden begins importing coal from China. |
| Posted by: Besoeker 2022-03-02 02:09 |