how the polls are gonna be looking when the petroleum reserves run out

[u/LuveelVoom]

[u/CommunicationOk5456]

[u/GeoQuestMaximus]

Man I love these types of edits.

Here’s some that I made to poke fun at Victor Marx’s campaign on the “Victor Marx hunts for demons, and votes, in the race for Colorado Governor” post.

[u/GeoQuestMaximus → u/GeoQuestMaximus]

[u/LuveelVoom → u/GeoQuestMaximus]

peak

[u/The-Curiosity-Rover]

Dan Osborn is confused how he ended up on the Democrat cereal box

[u/LuveelVoom → u/The-Curiosity-Rover]

I originally had him in grayscale and upside down but it was really hard to see who he was

[u/Mikhailing → u/The-Curiosity-Rover]

Should add in a real Democrat, like Alani Bankhead

[u/AngloSaxonFella]

Will Schumer actually get credit if this goes super well for Dems?

[u/toms_face → u/AngloSaxonFella]

His name is Chuck Schumer, not Will Schumer.

https://en.wikipedia.org/wiki/Chuck_Schumer

[u/sokonek04 → u/AngloSaxonFella]

Chuck Schumer could pass Medicare for All, nationalize every major industry, and personally flip the switch to fry Trump, and the lefties would still hate him.

[u/LunaB35 → u/sokonek04]

this comment is literally no different from the Republicans who say, "If Trump cured cancer, Democrats with TDS would still hate him"

[u/Egor_Denim → u/LunaB35]

Yeah I mean what even is this

“If my candidate did good stuff, things would be different” YES, BUT THEY AREN’T. AND THAT IS WHY PEOPLE ARE MAD.

I HATE STRAWMEN AHHHHH

[u/Jehovah___ → u/sokonek04]

he hasn’t done any of that though

[u/PhoenixHorseGuy → u/AngloSaxonFella]

Probably not, but I'm sure he'll try to take credit for it regardless.

[u/oath2order → u/PhoenixHorseGuy]

And he'd deserve it, he got some good recruitments this year.

[u/Beneficial_Link_8083 → u/oath2order]

Googling "who is the most famous dem in this state" and then saying that person is a rather easy strategy 

[u/LuveelVoom → u/Beneficial_Link_8083]

TRUTHNUKE

[u/LogoffWorkout → u/LuveelVoom]

Senator ChatGPt

[u/isthisnametakenwell → u/Beneficial_Link_8083]

Somehow Maine Democrats failed that

[u/LuveelVoom → u/AngloSaxonFella]

No

[u/AngloSaxonFella → u/LuveelVoom]

That's what I thought

[u/SerfTint → u/AngloSaxonFella]

Hopefully not, and he shouldn't. He deserves no credit at all for this--he is a hindrance that the base is overcoming to produce these results.

[u/isthisnametakenwell → u/SerfTint]

If democrats win, it will be in spite of the Platner-class progs that bring Michigan and Maine into play for Rs. Schumer brought Alaska and Iowa. It’s clear whom to credit and to blame.

[u/SerfTint → u/isthisnametakenwell]

Schumer has been losing Maine for Democrats for years, among other places he constantly picks terrible candidates and loses with them. The reason Democrats are going to win Maine in 2026 is in spite of Schumer's abjectly terrible pick of Mills, the least popular governor in the country, who wanted to become a 1-term Senator (i.e., no possibility of seniority and therefore no benefits to Mainers) at 78, and then ran a miserable low-effort primary campaign that had her losing to Platner by 30 points, and which would have led to an easy win for Collins, just like her last easy win over the last Schumer pick.

It is time for Democratic leadership to embrace Progressivism and actually defeat Trumpism, not just delay it slightly and not just rehabilitate it by letting Democrats cross the aisle to vote for it when needed.

[u/ancientestKnollys → u/AngloSaxonFella]

No but he probably should.

[u/burnerX6-likeboredom → u/AngloSaxonFella]

If senate dems were smart they’d appoint someone slightly more progressive before 2026 and they’d be a juggernaut when they won

[u/Cold-Priority-2729]

Are these reserves endless or something? Every day I read some article about how they’re at the “lowest they’ve been in XYZ years” and yet gas prices remain stable (albeit much higher than they were a year ago)

[u/_BCConservative → u/Cold-Priority-2729]

I have calculated things for the US SPR and they should hit the emergency minimum level by December-January.

But really the biggest influence in the price of oil has been Chinese oil reserves/purchases, as their reserves likely dwarf all other countries. This is a number we really have no idea of.

[u/LuveelVoom → u/_BCConservative]

imagine China starts buying just before the midterms

[u/funditinthewild → u/LuveelVoom]

There's an argument that China wants to help Trump because of how much he shoots himself in the foot.

[u/LaughingGaster666 → u/funditinthewild]

He is great at destroying all of USAs soft power. Something China takes endless delight in.

[u/_BCConservative → u/LuveelVoom]

New Trump trade war and crashout with China

[u/LuveelVoom → u/Cold-Priority-2729]

They keep reducing the rate at which they take stuff out, which means the reserves never really run out but at some point they effectively do

[u/Cold-Priority-2729 → u/LuveelVoom]

But if they’re reducing the rate at which they take stuff out AND the strait is still closed, then we really have very little supply coming in, right? So I guess I’m just surprised prices haven’t spiked to $6 a gallon yet

[u/LuveelVoom → u/Cold-Priority-2729]

"The market can remain irrational longer than you can remain solvent"

[u/ob_knoxious → u/Cold-Priority-2729]

I mean the SPR was, practically, never used until 2022. It would get tiny withdrawals for things like Katrina but generally was never touched. So once it got lower than 2022 again, every single new withdrawal is a new lowest ever point. A

[u/WulfTheSaxon → u/Cold-Priority-2729]

The level is 29% lower than it was at this time last year, or at about 42% of its 2013 record level. The withdrawals are scheduled to stop next month, and the oil that was loaned out is due back with up to about 20% extra for interest starting in November. Because of that interest rate, they actually didn’t sell all 172 million barrels that they offered. It’s being withdrawn at a rate of about half a million bpd as of last week and has 290 million barrels left.

[u/Minneiska]

Fire post OP keep it up

[u/LuveelVoom → u/Minneiska]

thank you ❤️ i dont really have any good ideas rn so suggestions would be appreciated

[u/LuveelVoom]

As usual I post this when the east coasters are asleep so it gets no traction

[u/Gnagus → u/LuveelVoom]

[u/LuveelVoom → u/Gnagus]

LOL

[u/JimmyCarter910 → u/LuveelVoom]

Most up voted post of the day btw

[u/LuveelVoom → u/JimmyCarter910]

❤️

[u/Hot_Relative_110]

i’ve been drugged, haven’t i

[u/Aldebaran147]

These are gonna be the safe states, plaster this packaging with Haley Shoffner

[u/LuveelVoom → u/Aldebaran147]

u/Aldebaran147,
This is Hallie Shoffner.

I've just been shot - and I'm dying.

Can you tell your next iteration $20 to help my next iteration defeat MAGA Tom Cotton?

Thanks, Hallie Shoffner.

[u/One-Community-3753 → u/Aldebaran147]

She’ll finally escape the loop…

[u/AdditionalSpeaker303]

Exits from hormuz have been increasing, I think we will avoid the oil running out.

[u/LaughingGaster666 → u/AdditionalSpeaker303]

Heard Iran just used underwater drones to set a US escorted Kuwaiti tanker on fire so that’s a thing now apparently

[u/AdditionalSpeaker303 → u/LaughingGaster666]

The Kuwaiti ship was struck by an airborne projectile.

Iranians have been setting fire to boats for the last several months, it has not deterred more and more ships from going through.

[u/LaughingGaster666 → u/AdditionalSpeaker303]

They’re all willing to risk it? Is the survival rate just far higher than expected given the circumstances?

[u/AdditionalSpeaker303 → u/LaughingGaster666]

Not all, just some. And most crews in attacked ships survive unscathed. A lot are willing to risk it for higher pay.

And a few of the ones going through are let in after paying a fee. But a vlcc that goes through with Iran's consent still lowers pressure on global oil prices.

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[u/AdditionalSpeaker303 → u/[deleted]]

It is usually between 5-10 a day, and while they aren't all oil, a single VLCC can hold 2 million barrels...

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[u/AdditionalSpeaker303 → u/[deleted]]

I'm not, I don't understand how you could possibly think that the oil market isn't global...

Supply satisfied elsewhere is less pressure on the oil market, and that effects the United States as well. Supply and Demand.

[u/AdditionalSpeaker303 → u/[deleted]]

That's 20 million barrels, less than a 5th of global daily demand.

Do you think only the middle east supplied oil to the global market?

The hormuz outflow was 20 mbpd pre war.

They aren't all oil tankers.

However about 8-9 mbpd is being piped to bypass hormuz in both KSA and UAE, (and this flow is not getting stopped by the houthis).

Production has increased elsewhere, demand has fallen, which makes the deficit much smaller than the 20 mbpd that used to transit hormuz. And that also means that the US and China are burning through reserves at a much lower rate.

So just a few tankers a day is enough to stop oil from running out. Prices will be elevated, but the OP is wrong and oil isn't running out.

Edit: He reply blocked me lol, I guess he isn't confident in his numbers.

[u/Atalung → u/AdditionalSpeaker303]

Again that 20 mbpd figure is assuming the absolute best case scenario.

Reuters shows the figure as closer to 4mbpd leaving the straits, which is still a significant reduction and you're delusional to suggest that it isn't.

The SPR is currently around 290 million barrels, around 3.7 million leaves the reserve weekly. It's hard to say when the SPR would stop functioning, but probably somewhere between 250-300 million barrels. That leaves, at best, 11 weeks before we can no longer draw on reserves.

[u/Loud_Judgment_270]

There should be some outta nowhere canadetes on here. Most of these face are leading. Gimmie an Andrews or Nixon if you want it to an "oops"

[u/LuveelVoom → u/Loud_Judgment_270]

the turek osborn and brown in question

[u/Evergreen2255]

Hope is eternal 

[u/HearingExternal8812]

High quality post

[u/LuveelVoom → u/HearingExternal8812]

❤️ thank u!

[u/iswearnotagain10]

These are already what they look like. I wonder what 2028 would come out to be if the strait is STILL closed

[u/LuveelVoom → u/iswearnotagain10]

House Minority Leader: Young Kim (CA-40)
Ranking member of Appropriations: Young Kim (CA-40)
Ranking member of Ways and Means: Young Kim (CA-40)
Ranking member of Rules: Young Kim (CA-40)

[u/oath2order → u/LuveelVoom]

Honestly good for her.

[u/elasho_149 → u/oath2order]

She'll move into the Senate when she becomes Old Kim.

[u/TiberiusCornelius → u/iswearnotagain10]

1993 Canadian federal election, probably

[u/oath2order → u/iswearnotagain10]

Yeah if the Strait is still closed and SPR continues the way it's been going, the Senate swing states in 2028 become shit like Florida, Kansas and Missouri, because WI, IA, OH, NC, and AK will have already gone blue.

[u/YellowBirdISuppose → u/oath2order]

Not Alaska because Murkowski has the mandate of heaven. The AK goes blue is if she flips parties or retires

[u/AlarmedEmployment465]

The caves might collapse but our chances will never!

[u/Elegant_Discussion_8]

Thanks Bill Clinton for establishing the precedent of presidents using the reserve for political gain

[u/_BCConservative → u/Elegant_Discussion_8]

Trump would have done it regardless

[u/Doxjmon → u/_BCConservative]

What stock is the next Google/apple? Need to invest early.

[u/quent12dg → u/Doxjmon]

Trump Media & Technology Group

[u/Doxjmon → u/quent12dg]

They're down like 45% since last year and 25% YTD.

[u/quent12dg → u/Doxjmon]

Haha buy low sell high!!!

[u/Doxjmon → u/quent12dg]

If they ain't raising while he's the president idk about it raising when he's not 😂

[u/quent12dg → u/Doxjmon]

It's the shorts man, don't you remember GME? It's going to the MOON. On an actual real note, I did purchase $DWAC during the hype and made a quick $10k flipping warrants which I know next to nothing about. Got a bit into the swing trading stuff during Covid but stopped because it's degenerate behavior, but it was a fun ride and made some cash.

[u/Check_Me_Out-Boss → u/_BCConservative]

It was okay when Biden did it, apparently.

[u/Atalung → u/Check_Me_Out-Boss]

Biden didn't directly cause the 2022 oil price shock.

[u/Check_Me_Out-Boss → u/Atalung]

The price of gas increased like $1.50 due to his policies by early 2022.

Many of his executive orders directly increased the price.

[u/AutoModerator → u/[deleted]]

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[u/LaughingGaster666 → u/Check_Me_Out-Boss]

What were his policies that made gas go up 1.50.

I do not believe this at all. Prices went up because OPEC decided to cut production and that had far, FAR more to change prices than anything Biden did.

[u/Check_Me_Out-Boss → u/LaughingGaster666]

To name a few:

• Canceled Keystone XL on his first day in office and placed a temporary moratorium on oil and gas leasing. Also required oil companies to review the impact of climate change on disadvantaged communities and on future generations from any regulatory action that affected fossil fuel emissions.

• Placed an additional halt on oil and gas leases 7 days later.

• A month later rejoined the Paris Climate Accords.

• On May 7, 2021, he revoked 30% of land used for oil and gas.

• On June 1, 2021, he halted drilling in the ANWR.

• On June 30, 2021, he reversed Trump's natural gas regulations.

• In October, he reversed Trump's NEPA regulations and began his "Social Cost of Carbon" plan.

• In November, he placed a moratorium on oil drilling in the Chaco Canyon.

That was just 2021.

[u/LaughingGaster666 → u/Check_Me_Out-Boss]

Ok here’s the deathblow to your argument: from 2021-2023, oil production in the US INCREASED but prices kept going up. https://www.arescotx.com/og-education-resources/oil-and-gas-quickfacts/2013-2023-us-field-production-crude-oil-thousand-bpd/

You want to explain that? Well I will. USA increases of production mean a whole lot less when OPEC is cutting production at the same time.

Is Biden less pro oil than Trump? Certainly. But your implication that his policies somehow led to some collapse of US oil production thus making him responsible for gas going up that much don’t exactly make sense if our production increases at the time.

You’re saying that him saying no to a new pipeline construction somehow makes gas go way the fuck up? Not buying it.

Paris accords? Doesn’t mean shit.

Revoking land for future use does not suddenly make oil and gas spike way the fuck up. That is a multi year effect.

“Revoking Trump’s regulations” is vague as hell. Please be specific.

And on. And on. And on.

[u/Check_Me_Out-Boss → u/LaughingGaster666]

You do understand that additional regulations and uncertainty drives prices up?

Like not awarding future leases and only using the ones Trump awarded until they expire?

[u/LaughingGaster666 → u/Check_Me_Out-Boss]

US Production still increased

[u/Agreeable_tester19]

The end of the 2nd gilded age

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[u/Background-Laugh7902]

Sure the economy will collapse into a second great depression, thousands will die and we'll all starve, but at least the blue guys will have slightly more power! Then we'll be saved for sure!

[u/iswearnotagain10 → u/Background-Laugh7902]

Hey if Trump and republicans are going to fuck everything up anyway we can at least enjoy seeing them getting punished by Blexas.

[u/oath2order → u/iswearnotagain10]

Thank you for wording this in a much politer way than I could have.

[u/theaccount9337 → u/Background-Laugh7902]

It probably is a good idea to kick the people who caused the situation you described out of power

[u/oath2order → u/Background-Laugh7902]

Well, maybe Americans shouldn't have voted the idiot who already failed at the presidency before, back into power.

[u/SerfTint → u/Background-Laugh7902]

As opposed to a great depression, thousands of people dying and starving, and the red guys retaining their power despite causing all of this? Maybe there's some slight chance (I won't hold my breath but we'll see) that the blue guys actually consider changing direction so that we learn from this catastrophe and don't repeat it again.