It’s a purely political ploy. I heard that it will move the price a dime or so… for a week or so. Don’t know how accurate that is, not least because it depends on Big Oil executives acting for the good of the President (oh, and the nation, maybe).
No, Trump sold if off for extra cash to pay his lawyers.
Do you GOP/MAGAT supporters dig up all this crap from comics from the 70’s or the 90’s? Because the only people who would buy into this $hit were born after that.
The whole strategic reserve holds less than three days use of oil in the US. Other fun fact: During Trump, the oil reserve was filled up from less Than full.
RW broken record. Gas prices and inflation is a global thing. No mention of the record low number of people applying for unemployment, the record profits of businesses, or the record Stock Market, all of which they harped on day after day under the Last Occupant.
Things sure work different in the Alternate Universe. Goodwyn’s Law™. https://www.youtube.com/watch?v=NrVLZwwZF6g
Inflation is an indicator of an expanding economy. With unemployment at a 50 year low and wages finally beginning to rise, inflation was an obvious outcome.
For further reading for the more literate portion of readers, I suggest the Principles of Macroeconomics, Dr. Steven A. Greenlaw, Ph.D. University of Mary Washington & Dr. David Shapiro, P.hD. Pennsylvania State University*
As for the trolls, they can keep spreading lies, as they always tend to do.
All those tariffs that TFG put on steel, aluminum, softwood lumber and whatever obviously had a lot to do with inflation. The big question is – why is Biden emulating that idiot?
There is not a strategic everything reserve, but we do have a cheese reserve. It’s not really strategic; it’s more to allow the government to subsidize dairy production. But it exists. Oh, and we have a strategic helium reserve, and a gold reserve. Also I think a uranium reserve, and a grain reserve.
The Canadians have the most Canadian reserve of all — they have a strategic maple syrup reserve.
RAGs over 2 years ago
If there was, the republicans would have used it up.
Concretionist over 2 years ago
It’s a purely political ploy. I heard that it will move the price a dime or so… for a week or so. Don’t know how accurate that is, not least because it depends on Big Oil executives acting for the good of the President (oh, and the nation, maybe).
braindead Premium Member over 2 years ago
Yes, Goodwyn there IS such a strategy.
At its core, the strategy is NOT implementing “We WANT them infected!” as a policy to respond to a pandemic.
Say What Now‽ Premium Member over 2 years ago
Republicans have a strategic reserve of stupidity. It will be a long time before they will need it.
baroden Premium Member over 2 years ago
No, Trump sold if off for extra cash to pay his lawyers.
Do you GOP/MAGAT supporters dig up all this crap from comics from the 70’s or the 90’s? Because the only people who would buy into this $hit were born after that.
hfergus Premium Member over 2 years ago
The whole strategic reserve holds less than three days use of oil in the US. Other fun fact: During Trump, the oil reserve was filled up from less Than full.
Patjade over 2 years ago
RW broken record. Gas prices and inflation is a global thing. No mention of the record low number of people applying for unemployment, the record profits of businesses, or the record Stock Market, all of which they harped on day after day under the Last Occupant.
Things sure work different in the Alternate Universe. Goodwyn’s Law™. https://www.youtube.com/watch?v=NrVLZwwZF6g
1BlackLivesMatter Premium Member over 2 years ago
Great ‘toon. Let’s go, Brandon!
davidthoms1 over 2 years ago
Electric is the future, so we won’t need the reserves. Al Goodwyn is a very short term thinker when he thinks at all.
brit-ed over 2 years ago
unemployment at a 50 year low…
rs0204 Premium Member over 2 years ago
Inflation is an indicator of an expanding economy. With unemployment at a 50 year low and wages finally beginning to rise, inflation was an obvious outcome.
For further reading for the more literate portion of readers, I suggest the Principles of Macroeconomics, Dr. Steven A. Greenlaw, Ph.D. University of Mary Washington & Dr. David Shapiro, P.hD. Pennsylvania State University*
As for the trolls, they can keep spreading lies, as they always tend to do.
*https://d3bxy9euw4e147.cloudfront.net/oscms-prodcms/media/documents/Macroeconomics2e-OP_08uAIKN.pdf
Judge Magney over 2 years ago
The strategic hamberder reserves was drained to feed the former guy.
MartinPerry1 over 2 years ago
Gas where I live in Canada is selling at 1.379 per litre. That’s 5.21 for you Americans. Can I blame BIden as well?
Woodstock Generation Premium Member over 2 years ago
All those tariffs that TFG put on steel, aluminum, softwood lumber and whatever obviously had a lot to do with inflation. The big question is – why is Biden emulating that idiot?
Frankfreak over 2 years ago
Gas prices here in Oklahoma had started lowering 3 weeks ago. Before talk of tapping the reserves were made public.
DrDon1 over 2 years ago
Goodwyn flogging his bogus ‘economic gloom & doom!’
Radish the wordsmith over 2 years ago
Whine whine whine, that’s all right wingers do.
lonecat over 2 years ago
Isn’t capitalism supposed to solve these problems without government interference?
Rich Douglas over 2 years ago
Snowflakes melting….
Inflation is a worldwide problem, not something the president can fix.
calliarcale over 2 years ago
There is not a strategic everything reserve, but we do have a cheese reserve. It’s not really strategic; it’s more to allow the government to subsidize dairy production. But it exists. Oh, and we have a strategic helium reserve, and a gold reserve. Also I think a uranium reserve, and a grain reserve.
The Canadians have the most Canadian reserve of all — they have a strategic maple syrup reserve.