>crude oil and fuel exports reaching a record 10.5 million barrels per daySo this is the main reason for the sharp fall in the price of gold.Oil freight costs in the US are too high.Smaller countries are forced to sell off their gold reserves to buy US oil.
All drained from the SPR.
>>537054883Biden drained the SPR
>>537054811>world's largest oil exporternice play on words cuntthe largest NET exporter of oil by FAR is saudi arabia.
>>537054811>steal over 30% of the world's oil>become main oil supplierHMM
>>537055733>steal over 30% of the world's oilI’m not joking. Do you know when we’re going to attack Canada?It’s time to steal Canada’s oil.
>>537055733>steal over 30% of the world's oildomestic production is booming. oil mineral rights holders are feasting right now.
>>537054811How will this low MY gas prices?
>>537056259>low MY gas prices?That is impossible. Attempting to generate revenue from oil exports will inevitably reduce domestic oil supplies.This will lead to a rise in oil prices.To lower oil prices, it is necessary to ban some oil exports.President Trump has no intention of doing so.
>>537055135India drained the SPR
>>537056259That's the neat part, it doesn't.
>>537055135trump drained roy cohns matzo balls
>>537055135>retard 'no u' braindead argumentBiden isn't in power retard, get with the times
>>537054811Aren't they like selling more than 2 mil b/d from their inventory? That doesn't seem sustainable.
>>537055733Venezuelan oil is the shittiest on earthThe worst kind of Heavy Sour there isYou need to design your refinery infrastructure specifically to process that dogshit, even after blending it with better crude to make it less terrible
>>537054811How can the USA export stolen Venezuelan oil? Imagine is Venezuela stole American oil and sold it on the market! Nobody is going to do anything about this? This is literal international robbery.
>>537056572we have infinite oil retard
>>537056772so why the USA broke all international laws to steal it?
>>537056195The US isn't producing more crude oil than it did in January. The increased oil exports are coming from draining stockpiles.https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W
>>537056772As opposed to our sour crude which is just as shitty and has to be extracted at a lower temperature because Canada and shipped through pipelines our government won’t approve?
>>537056572US stockpiles are being drained at a rate of 2.2 mb/d
>>537055577Nigger do you even watch the news? Guess what tiny waterway most of the Saudi oil has to ship through. You are way to stupid to be posting here.
>>537056979because the US gulf refineries were designed to process shitty crude. not sure what that leaf is talking about. US has been processing shitty crude for decades
>>537056979We stole it back, Venezuela stole it when the government seized private property during the gay brown communist revolution. So tell me. Why wasn't it theft when Venezuela "seized" it and why is it theft that America "seized" it back?
>>537054811>be world’s largest oil exporter >your own people pay the highest prices on earth for gasoline
>>537055577a simple google search proved you wrong
>>537057440No sacrifice is too much to ensure the defense and prosperity of IsraelA million American lives isn't worth one Jewish fingernail
>>537057440>>your own people pay the highest prices on earth for gasolinewas it real in your head? fucking retard. All of EU pays more for gas than the US. how fucking dumb are you?
>>537056533no, you don't get it. If daddy Trump says it's Biden's and Hillary's fault and not his, I will trust the orange man.
>>537057222that kind of crude is the most versatile and creates the most byproduct than shitty sweet oil.>>537057250>venezuela stole its own oillmao you deluded nigger are not even human. you have stolen everything since you put your baby blood drinking feet in america. thieving is your way of life kys
>>537056982>The US isn't producing more crude oil than it did in Januaryyes it is and i know this first hand. go fuck a goat or whatever you brown memeflaggots do
>>537057539you fucking retarded nigger americans pay more for oil than people in iran or venezuela despite stealing the venezuelan oil. americans are the most retarded evil niggers that ever was.
>>537054811>crude oil and fuel exports reaching a record 10.5 million barrels per dayduly noted>USA produces 13.8 million barrels per dayhttps://ycharts.com/indicators/us_crude_oil_field_production>USA consumes 20.6 million barrels per dayhttps://www.eia.gov/tools/faqs/faq.php?id=33&t=6uh-oh, anons, I do not think this will end well
>>537057663Venezuela and Iran both subsidize their petroleum. US fuel is tied to the global market, yet still cheaper than all of Europe.
>>537056979>international lawshilarious when underaged newfags show themselves
>>537057663also, you're brown
>>537057440>your own people pay the highest prices on earth for gasolineI’ve heard that the US government is frantically selling off its oil reserves in order to save US Treasury bonds.This is because if they don’t sell oil to other countries at low prices, smaller nations will be forced to sell off their US Treasury bonds just to survive.This would ultimately lead to the collapse of the US dollar.So, in order to save US Treasury bonds, they have no choice but to sell oil at a frantic pace.At the same time, they’re making a huge profit for themselves.
>>537057769it also imports...
>>537057866you behave like a nigger, you are the worlds niggers, have no qualms of behaving like niggers internationally, invading peoples countries and just stealing their shit like a nigger would so you are quite literally the niggers of the world. you worship niggers, behave like niggers, talk like niggers yeah you are niggers.>>537057863>cheaper than the zone with no oil>free stolen oilno shit you nigger loving nigger. someone give this nigger a medal. yet americans are paying record oil prices despite stealing oil from the largest oil deposit in the world.>>537057911you are a nigger
>>537057863>US fuel is tied to the global market, yet still cheaper than all of Europe.Right, but that's just a product of 1) lower overall fuel taxes than in Europe and 2) lower transit costs. The point still stands that there is no "US oil". It just belongs to private companies. The only way to resist this as an American is to attack it from the other end -- increased fuel economy, alternative fuels, electrification, investment in walkable/bikable infrastructure, increased local train networks of all kinds -- high speed rail, monorails, narrow gauge, etc.
>>537054811ive been saying this will happen since the end of march lol, ive also been saying i hope the straights never reopen, and oil goes to $200 a barrel since that will cause a deflationary spiral which will unfuck the economy somewhat after bidens reign of terror. t. i have just over 2 dozen mineral leases i basically stole from a bunch of jews with hillel international through probate sales since the yids obscured their ownership of over 40 properties so well that they sat in a rural Texas counties probate court for over 5 years after the executor of the trust they were held in died which opened them up to being sold by the county for 8 cents on the dollar. they tried to sue to get it back, but all that did was cost them around 140k in legal fee's they had to pay once the case was found in my favor. lol, lmaotldr: called it earlier this year US would outproduce rest of the world in oil production, and i out jewed the jews in court
>>537058152i was informing the other guy who said US pays highest prices in the world. it isn't true. >americans are paying record oil priceswas it real in your head?
>>537058014this is what happens when literal feral niggers run your government and your population is composed of literal feral niggers. their nigger behavior will make them destroy everything because their only purpose is to extract as much wealth for their niggers friends as possible in spite of destroying the country because after all america is stolen land and the oil in america and the oil from venezuela are all stolen stuff.
>>537058258*sold by the county for 8 cents on the dollar to pay back taxes
>>537058014>This would ultimately lead to the collapse of the US dollar.no it wouldn't. somebody else would just buy them. turkey's 15 billion of treasuries isn't shit.
>>537058388plebbit tier teenager just learned the word nigger
>>537058332>guy who said US pays highest prices in the worldthis is why arguing with niggers is a waste of time. they will argue against things no one ever said and just stick to spewing nigger rhetoric like they are achieving anything. in the end you are a nigger and no amount of bleach will erase your niggatry.
>>537057552Not stealing. Conquering and taking.
>>537058431Provided that oil prices do not continue to rise.If oil prices rise to $200 a barrel,such exorbitant prices would trigger a global economic crisis, and then everything would collapse,including US Treasury bonds.Once America’s oil reserves are depleted, President Trump will be forced to reach a peace agreement.Because he will have no other choice.All Iran needs to do is wait.
>>537058597Are you blind? He said it right here: >>537057440
>>5370587532 more weeks
>>537054811What I found most shocking is how prices of fuel have doubled in the US while they just had a slight 10% increase here. I guess they were gauging us already, but still.
>>537058240>increased fuel economy, alternative fuels, electrification, investment in walkable/bikable infrastructure, increased local train networks of all kinds -- high speed rail, monorails, narrow gauge, etc.look at this nigger. this nigger thinks he will free himself of the niggatry in his country if he just does the same but in a different way. your nigger brain lacks the sufficient grey matter to realize that no matter where you try to hide you will be forced to pay out of your ass because in the end the problem is not the oil or the lower efficiency or walkable cities or trains or anything other than the niggers in the government working with the niggers in the private market siphoning as much wealth as possible from all other niggers like you in the country. yes i understand it is a waste of time explaining this to a nigger like you but my benevolent being even extends this humane help to an underdeveloped nigger like you.
>>537058753US holds decades worth of underlying domestic crude oil resources, btw
>>537056979The Western Hemisphere belongs in total to America. It's not stealing. It was always ours.
>>537055135I just drained my SPR into my wife if you get what I'm saying
>>537056533>He did the damage IN THE PAST, so it’s irrelevant nowNigger logic.
>>537054811Interesting choice of VPN.
>>537059033your whole island is just a tax haven for the rich. stop acting like you aren't a brown nigger slave
>>537058258Yee haw?
>>537054811I mean given the fact they are getting more and more resources, it stands to reason they want high prices of oil. Imo america doesnt want to stop the war with iran.
>>537059180spoken like a true nigger. i rest my case.
>>537054811That sounds great for the oil barons, but what the fuck does it do for me?
>>537060696You are the victim of all this.
>>537060696
>>537054811euros are usa customers since ww2. europe is like a farm in the eyes of the american boomer.
my brother in Mammon...if a bunch of other insolvent countries start selling off their US T-Bonds, then who will purchase the most newly issued ones from the USA?and more importantly what ungodly rate will they be issued at?if the US government does not continuously sell new bonds, it will default and then all hell breaks loose.
>>537062925this post was a reply to>>537058431
>>537061142America is openly hostile to Europe and no longer an ally.
>>537058148>Buy high>Sell low
>>537063426US is still providing them energy
>>537055135If Biden did nothing in office, he would have had to drain the SPR. If Trump did nothing, then he wouldn't have had to drain it.Like how one person had to drain their bank savings to pay for cancer treatment, and another person had to do the same for paying for their physical rehabilitation after jumping off a bridge.
>>537064618My point still stands.
>>537065427That's nice, i'm not arguing with you
>>537065674If you follow the chain you will see it was you who reply to me first. You initiated the convo not me. You. Now you say you are not arguing with me. What a retarded nigger you are.
>>537066242does this look like an argument to you? brown turd
>>537066910Wow you truly are a subhuman monkey but I shouldn't be surprised a nigger cattle like you does not understand what an argument is. You are actively contradicting my premise of Venezuelan oil not being the garbage that leaf and your retarded monkey say it is. You nigger trash.
>>537067627i was arguing against the leaf, you pea-brained brown excrement. post hand or get the fuck out of here, you actual 3rd world nigger.
>>537067895you called it shitty crude just like the leaf did
>>537068072it is shitty, retard
>>537068279if it is shitty then why the us broke international law to steal it?
>>537068556i already fucking told you, imbecile. because the US has had refineries built to specifically process their shitty oil for decades.
>>537068668WHY THE US HAS FUCKING REFINERIES TO PROCESS FUCKING VENEZUELAN OIL YOU FUCKING MINDLESS FUCKING IMBECILE PIECE OF SHIT AND STOP USING AI TO ARGUE WITH ME YOU STUPID MOTHERFUCKER
>>537069130Venezuela used to be the largest supplier of oil to the US. holy fuck, you are stupid. https://en.wikipedia.org/wiki/United_States_involvement_in_the_Venezuelan_oil_industry
>>537069294If Venezuelan oil is shit and the lowest garbage available then why build refineries for it? Why not build more refineries for the superior American oil instead you golem piece of shit?
>>537069513because it is deeply discounted... American crude has a higher market price, which limits the profit margin. all of these basic answers can be found on google in 1 second.
>>537054811i thought opec states had an agreement on how much oil they sell?
>>537069765Wrong. Because the garbage American oil is less versatile and less capable of creating more byproducts because it's watery unprocesable garbage. Now tell that to the ai helping you and post results.
>>537069938you don't know wtf you're talking about
>>537069938
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>>537070153I see your garbage ai completely omitted replying to the versatility of Venezuelan oil and how it supplanted the watery garbage united statian oil because it is superior by extension of making more byproduct to supply more industries and at a larger scale so in the long run dividing the refineries was actually an investment loss making venezuelan oil the defacto standard and the actual black gold unlike the watery non versatile trash of united statian oil lmao. post results from your american propaganda bot
>>537070653why are you a Venezuela oil simp? fucking weirdo faggot. at the end of the day you'll always be a coping brown retard who doesn't know wtf he's talking about. butthurt that the US took over your country of brown retards. there wasn't large scale domestic oil production in the US until 2008 (aka the "shale revolution"). that's why the gulf refineries are built for Venezuela shit oil. now lets see what your retarded ass 50 IQ reply will be.
>>537071464by your response i take the united statian propaganda bot sided with me and now your jimmes are rustled lmao. if you already know the answer then why do you ask such a retarded stupid question? you already know why i hate them and you are as much trash as they are. pompous self agrandizing inverted brainless self deluded reality denying who pursues money as the only important constant and defining personality virtue. their vacuous way of life isnt as void as the principles they claim to hold.
$AVOF will get you out of poverty. Last day most likey to get a good position.
>>537071464You kept replying to me so are you going to run away from the fight like a faggot? Fight like a man. Post the answer to my last reply. Coward.
>>537071464answer me you coward
>>537054811They haven't increased supply the Middle east has been effectively stopped from exporting it.I see they are trying to spin this as a win.
>>537076908Well it is a win to the USA who steals Venezuelan oil and sells it at historical market highs.
>>537054883Do you even know how much is in the SPR? Fucking smooth brained motherfucker.
