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Author	Topic: [Poll: 2011.28]: Do you think it was a good idea to release oil from the Strat...	Post a Reply Back to Topics

JT Moderator	Message Posted: Jul 2, 2011 9:01:00 PM Ignore JT Report Abuse Do you think it was a good idea to release oil from the Strategic Petroleum Reserve (SPR)? Yes No No opinion / I don't know Post your thoughts about this poll below.

Moderator

Message Posted: Jul 2, 2011 9:01:00 PM

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Do you think it was a good idea to release oil from the Strategic Petroleum Reserve (SPR)?
Yes
No
No opinion / I don't know

Post your thoughts about this poll below.

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sonicmustang All-Star Author Alberta Posts:637 Points:149,375 Joined:Dec 2010	Message Posted: Jan 21, 2013 11:07:17 PM Ignore sonicmustang Report Abuse No opinion / I don't know
achung53 Veteran Author Orange County Posts:487 Points:85,225 Joined:Oct 2012	Message Posted: Dec 14, 2012 7:47:42 AM Ignore achung53 Report Abuse Yes
coffeebrake1015 Champion Author Florida Posts:1,258 Points:281,860 Joined:May 2012	Message Posted: Dec 8, 2012 7:54:21 PM Ignore coffeebrake1015 Report Abuse yes
raiste62000 Veteran Author Gasbuddy Posts:335 Points:32,970 Joined:Jun 2011	Message Posted: Sep 26, 2012 10:28:56 AM Ignore raiste62000 Report Abuse Nope, beacuase on Wed. every week they release the countries national inventory, and we had plenty when this happened. It was a fraud.
mobile21228 Champion Author Baltimore Posts:1,651 Points:509,715 Joined:Oct 2011	Message Posted: May 10, 2012 4:53:54 AM Ignore mobile21228 Report Abuse no
OaklandInvaders Champion Author San Jose Posts:2,366 Points:571,180 Joined:Jul 2011	Message Posted: Mar 1, 2012 11:49:28 AM Ignore OaklandInvaders Report Abuse No
HFAJR0034 Champion Author New Mexico Posts:6,454 Points:1,169,710 Joined:Jul 2009	Message Posted: Feb 6, 2012 5:31:13 AM Ignore HFAJR0034 Report Abuse no
Dhotroddave3 Rookie Author Indiana Posts:5 Points:380 Joined:Jan 2012	Message Posted: Jan 12, 2012 8:47:18 AM Ignore Dhotroddave3 Report Abuse NO!!!!!!!!!It made no difference. It may have went down a few cents in my town but give it maybe 2 weeks and it goes back and sometimes even higher
pcprof Champion Author Austin Posts:9,811 Points:2,459,720 Joined:Oct 2005	Message Posted: Oct 19, 2011 1:21:54 AM Ignore pcprof Report Abuse No
Free1958 Rookie Author Missouri Posts:2 Points:240 Joined:Sep 2011	Message Posted: Sep 23, 2011 9:38:25 AM Ignore Free1958 Report Abuse no, moronic idea,The fact of the matter is it wasn't going to help lower prices in the US .
eblair54 Sophomore Author Missouri Posts:143 Points:437,750 Joined:Sep 2011	Message Posted: Sep 16, 2011 9:01:41 PM Ignore eblair54 Report Abuse I don't think it was enough of an emergency and I don't think it made that much of a difference anyway.
95Vette Champion Author Missouri Posts:2,525 Points:634,905 Joined:Sep 2005	Message Posted: Sep 14, 2011 7:12:00 AM Ignore 95Vette Report Abuse Don't know
HFAJR0034 Champion Author New Mexico Posts:6,454 Points:1,169,710 Joined:Jul 2009	Message Posted: Aug 30, 2011 1:43:48 PM Ignore HFAJR0034 Report Abuse YES
BiglouieGA Rookie Author Georgia Posts:33 Points:2,360 Joined:Mar 2009	Message Posted: Aug 29, 2011 10:04:56 AM Ignore BiglouieGA Report Abuse no
john382 Champion Author Illinois Posts:12,519 Points:2,479,635 Joined:Aug 2005	Message Posted: Aug 26, 2011 11:52:36 AM Ignore john382 Report Abuse no
95Vette Champion Author Missouri Posts:2,525 Points:634,905 Joined:Sep 2005	Message Posted: Aug 26, 2011 10:16:28 AM Ignore 95Vette Report Abuse I don't know
cbcnd1 Champion Author Indiana Posts:1,132 Points:248,170 Joined:Aug 2008	Message Posted: Aug 26, 2011 5:54:14 AM Ignore cbcnd1 Report Abuse No
eagle33PA Rookie Author Pennsylvania Posts:73 Points:15,680 Joined:Aug 2011	Message Posted: Aug 18, 2011 5:03:52 PM Ignore eagle33PA Report Abuse YES
billybird001 Rookie Author New Mexico Posts:16 Points:20,770 Joined:Aug 2011	Message Posted: Aug 18, 2011 11:45:46 AM Ignore billybird001 Report Abuse No, the powers to be will continue to gouge the American public no matter where the oil comes from, domestic or foreign. It is apparent that our leaders, federal and state, have no intention to do anything that would impact their source of "pork" project funding, ( via fuel taxes that support welfare programs for illegals, and non-tax contributors). I still say that the I.R.S. should issue I.D. cards that identify American tax payers. And if you don't possess one you are permitted to receive soc. sec., food program assistance, etc.. This will sound very harsh, and truly will never happen. But America is in big trouble, and from which it can only recover if our leaders stop giving aid to foreign countries, and foreign individuals in our country. And start rendering aide to the American, tax paying, citizen.
cwashi3324 Champion Author Cincinnati Posts:2,812 Points:575,240 Joined:May 2009	Message Posted: Aug 15, 2011 7:32:12 AM Ignore cwashi3324 Report Abuse yes
hhval2 All-Star Author Atlanta Posts:600 Points:104,380 Joined:Jun 2011	Message Posted: Aug 9, 2011 5:22:57 AM Ignore hhval2 Report Abuse Yes
BrandoWrx Rookie Author Raleigh Posts:2 Points:240 Joined:Jul 2011	Message Posted: Aug 8, 2011 11:38:17 AM Ignore BrandoWrx Report Abuse No, it's an honest attempt to influence the markets and spur a small sell-off of oil futures to ease prices at the pump. However, investors are juggling too many factors right now to pay attention to such a small supply side shock, they only are looking at future consumption projections which are directly tied to the strength of the recovery. The best thing to do to get gas prices fall is to just let the economy crash again which will counter all the inflation that's been driving prices up. Oh wait, the DOW is down over 900 points over the last 2 weeks and Oil futures are trading under 85 bucks a barrel...Good job congress, we should see Gas prices fall under 3 bucks a gallon soon!!! This is a great strategy to make prices more attractive to drivers and spur more economic activity!!
gassedupnfedup Rookie Author New Jersey Posts:4 Points:1,260 Joined:Jul 2011	Message Posted: Aug 5, 2011 6:28:35 AM Ignore gassedupnfedup Report Abuse to a certain extent
estroh Champion Author Indiana Posts:3,624 Points:733,725 Joined:May 2011	Message Posted: Aug 2, 2011 9:52:31 PM Ignore estroh Report Abuse Yes
Tundralimited2009 Champion Author Dallas Posts:38,812 Points:1,447,425 Joined:Feb 2009	Message Posted: Aug 1, 2011 10:16:29 PM Ignore Tundralimited2009 Report Abuse No look at what happened afterward
hhval2 All-Star Author Atlanta Posts:600 Points:104,380 Joined:Jun 2011	Message Posted: Aug 1, 2011 5:50:44 AM Ignore hhval2 Report Abuse Yes
estroh Champion Author Indiana Posts:3,624 Points:733,725 Joined:May 2011	Message Posted: Jul 20, 2011 9:10:25 PM Ignore estroh Report Abuse Yes
Hobby001 Champion Author Michigan Posts:5,093 Points:1,186,440 Joined:Jul 2007	Message Posted: Jul 20, 2011 5:26:43 PM Ignore Hobby001 Report Abuse No
feldos Champion Author Florida Posts:2,640 Points:550,500 Joined:May 2011	Message Posted: Jul 20, 2011 4:56:07 PM Ignore feldos Report Abuse no, moronic idea...didn't lower gas prices...more Obama smoke & mirrors. I'm thinking he didn't fool too many people with this one
alitin Rookie Author Chicago Posts:38 Points:176,260 Joined:May 2004	Message Posted: Jul 19, 2011 3:02:16 PM Ignore alitin Report Abuse No, It was the wrong time. Right now prices are high for other reasons than crude availability. It has little effect right now.
jequiroz Rookie Author Indiana Posts:1 Points:57,920 Joined:Jul 2011	Message Posted: Jul 19, 2011 8:42:50 AM Ignore jequiroz Report Abuse Yes. Because it gives us an idea of how much oil we actually have in our reserves..
marck66 Rookie Author Missouri Posts:11 Points:1,210 Joined:Jul 2011	Message Posted: Jul 19, 2011 7:11:07 AM Ignore marck66 Report Abuse Yes in a way. I think it gave some much needed relief to the general public, but it has done little more than that. It is still way to high for all the profit they are making off of it.
estroh Champion Author Indiana Posts:3,624 Points:733,725 Joined:May 2011	Message Posted: Jul 18, 2011 10:17:23 PM Ignore estroh Report Abuse Yes
ToolinIt Champion Author Colorado Posts:1,803 Points:889,820 Joined:May 2010	Message Posted: Jul 18, 2011 4:37:44 PM Ignore ToolinIt Report Abuse NO. OPEC simply reduced production for a while to keep oil prices high.
buddyboy8160 Sophomore Author Florida Posts:235 Points:49,020 Joined:Jun 2011	Message Posted: Jul 18, 2011 3:40:55 PM Ignore buddyboy8160 Report Abuse I agree dumb idea
rdnckegr08 Rookie Author Pennsylvania Posts:44 Points:117,825 Joined:May 2011	Message Posted: Jul 18, 2011 3:09:45 PM Ignore rdnckegr08 Report Abuse This was a dumb idea. The fact of the matter is it wasn't going to help lower prices and the US gave as much as every other country combined, as well as this fuel is used for military purposes not civilian so he only hurt us, of course the way the country is being run now he been doing that his whole term, but different topic.
RoxannaAl Sophomore Author Alabama Posts:248 Points:53,090 Joined:Jul 2011	Message Posted: Jul 17, 2011 1:58:32 PM Ignore RoxannaAl Report Abuse no
BurtB Champion Author Los Angeles Posts:5,191 Points:1,369,015 Joined:Jun 2006	Message Posted: Jul 16, 2011 10:31:44 PM Ignore BurtB Report Abuse bad idea
mfkaa Sophomore Author Indianapolis Posts:119 Points:92,375 Joined:Jun 2011	Message Posted: Jul 16, 2011 8:46:21 PM Ignore mfkaa Report Abuse It was a much needed wake-up call for corp-jet flying speculators. Left alone, these SOB were gonna push the price to $100 or more. Obama did the right thing, reminding them who's really in charge. Now if he just cut Eric Cantor down to size.
raiste62000 Veteran Author Gasbuddy Posts:335 Points:32,970 Joined:Jun 2011	Message Posted: Jul 15, 2011 7:35:47 AM Ignore raiste62000 Report Abuse Not really, with the gas prices way out of control right now, releasing the fuel just gives them more power to up the price even more to " replenish the stock", so we will pay for it at the pump, with the way the economy is today. I forsee $5.00 a gallon gas very soon.
navy259 Champion Author Saskatchewan Posts:3,345 Points:756,630 Joined:Mar 2011	Message Posted: Jul 14, 2011 11:43:20 PM Ignore navy259 Report Abuse short tern band-aid
gwolfe Rookie Author Indiana Posts:1 Points:18,520 Joined:Jun 2010	Message Posted: Jul 14, 2011 8:35:29 PM Ignore gwolfe Report Abuse The release made very little sense. Oil is off of it's high and seems to have had little effect. The timing was quite odd to me.
btsom Sophomore Author Oklahoma City Posts:222 Points:14,100 Joined:May 2011	Message Posted: Jul 14, 2011 5:50:27 PM Ignore btsom Report Abuse "Next we probe how the gas/oil companies are making record profits at the expense of the US economy. " Oil is sold on a WORLD market, even if the US oil companies sold at a discount to US markets, it would get re-sold on the world market at the market price for a profit for intermediate buyer. If wells were drilled when they were profitable with oil selling at $40/bbl, when the market goes to near $100/bbl. how do you NOT make money? NOW, it is the Obama administration ( and the lib green lobby) PREVENTING them from using that money to drill more wells. Drilling is the natural place for an oil company to invest, but that isn't being allowed in US domestic areas, so the oil companies are banking their money waiting for a change in domestic policy. [Edited by: btsom at 7/14/2011 8:57:53 PM EST]
06CUMMINS Rookie Author Pennsylvania Posts:4 Points:82,710 Joined:Sep 2006	Message Posted: Jul 14, 2011 1:14:51 PM Ignore 06CUMMINS Report Abuse The release will have little effect on lasting prices, and I agree that it is insignificant in that we have so many untapped reserves. The best reason in my book for supporting the release is to keep the speculators on edge as to when it might happen again. Next we probe how the gas/oil companies are making record profits at the expense of the US economy.
mphipps Rookie Author Columbus Posts:5 Points:1,900 Joined:Jul 2011	Message Posted: Jul 13, 2011 9:56:31 PM Ignore mphipps Report Abuse Again, no. And the latest inventory report from the Energy Information Agency /pub/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/current/pdf/table1.pdf as of last Friday shows that the 30Mil barrels hasn't been released yet. And it also shows a deficit of 34.9Mil barrels from a year ago, including 26.9Mil barrels of product(gasoline and Diesel). Now is there any wonder beyond the so-called speculation, why gas is still around $3.50 and diesel is around $4.00/gallon. Doesn't shock me and I fill up $40-60/day 5 days a week to ferry around office supplies and payrolls from around Port Columbus to the Mansfield area. [Edited by: mphipps at 7/14/2011 1:01:05 AM EST]
senatorobamma Rookie Author Indianapolis Posts:1 Points:19,470 Joined:May 2011	Message Posted: Jul 12, 2011 9:12:19 AM Ignore senatorobamma Report Abuse No. It was as significant as a pimple on a flee's bottom.
777Aviator Champion Author St. Louis Posts:2,676 Points:393,145 Joined:Jun 2011	Message Posted: Jul 11, 2011 11:39:43 PM Ignore 777Aviator Report Abuse ?
CrackedLCD Champion Author Alabama Posts:9,046 Points:1,757,750 Joined:May 2008	Message Posted: Jul 11, 2011 10:35:57 PM Ignore CrackedLCD Report Abuse Nope.
btsom Sophomore Author Oklahoma City Posts:222 Points:14,100 Joined:May 2011	Message Posted: Jul 11, 2011 6:47:47 PM Ignore btsom Report Abuse Sorry, that is on : /Retail_Price_Chart.aspx in Gas Buddy dot com. and you can see a graph of fuel prices for 30 days , 90 days and other options. Then the effect of a particular action can be seen over time. That is in "Gas price Charts" in the white portion of the stripe near the top of the page. If you click that on YOUR page, I suspect it will graph the record in your area. [Edited by: btsom at 7/11/2011 9:51:12 PM EST]
777Aviator Champion Author St. Louis Posts:2,676 Points:393,145 Joined:Jun 2011	Message Posted: Jul 11, 2011 5:56:57 PM Ignore 777Aviator Report Abuse ?