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05-18-2004, 6:57 AM
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#1 |
Join Date: 02-10-2002 Location: Hoosierland, USA
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| Time to tap the Strategic Petroleum Reserve? With all the talk of the SPR being at record highs, and calls to use the reserve to ease prices, I am curious what the opinions on this board are. Tap the Strategic Petroleum Reserve?
Further, do you think that tapping the reserve will abate prices, or just make us more vulnerable in the future?
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05-18-2004, 7:55 AM
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#2 |
Join Date: 07-07-2002 Location: Cleveland
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| Re: Time to tap the Strategic Petroleum Reserve? I say tap it. The economy is hurting bad enough(look at the stock market, it's plummeted over the last week or so). With rising fuel prices it'll continue to hurt us, possibly to the point where it might take decades to recover. |
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05-18-2004, 10:29 AM
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#3 | | Mr. Brownstone
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| Re: Time to tap the Strategic Petroleum Reserve? Yeah, we should be using it. However, we should also be building new refineries and upgrading the few we have. That is another big chunk of the expense. The green extremes have screwed us over on the oil front on many levels. |
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05-18-2004, 11:19 AM
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#4 |
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| Re: Time to tap the Strategic Petroleum Reserve? No way we should use it. It's right in the title "STRATEGIC reserve". What in the hell is strategic about gas prices? Let them run high and make people learn that they need to use less fuel.
This is a problem with the thinking of a population that hasn't had a real strategic problem on our home soil in more than 150 years (and never a strategic problem where energy is important).
Last edited by luvtolean : 05-18-2004 at 11:34 AM.
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05-18-2004, 11:58 AM
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#5 |
Join Date: 02-10-2002 Location: Hoosierland, USA
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| Re: Time to tap the Strategic Petroleum Reserve? I voted no.....
I don't think this is an emergency, and using it only signals OPEC that we have little resolve with concern to rising prices.
Imho, gasoline has been undervalued in this country for quite awhile anyway....it was only a matter of time before things equilibrated..... 
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CBR929 - VFR800 - VFR800 "There is a grey blur, and a green blur. I try to stay on the grey one..." - Joey Dunlop |
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05-18-2004, 12:09 PM
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#6 |
Join Date: 04-17-2002 Location: Cool, CA
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| Re: Time to tap the Strategic Petroleum Reserve? Another No here....this isn't an emergency.
Gas prices here aren't much different than they were last year at this time. Is that not true in the Midwest? |
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05-18-2004, 4:24 PM
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#7 |
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| Re: Time to tap the Strategic Petroleum Reserve? This isn't an emergency. Yet. Wait until closer to th election. You should never waste resources, er........ like a natural vote winner.
PS Did I read correctly that the US consumes 45% of the world's petroleum? What are we all gonna do when China decides that bicycles are " you know, like SO last century, man"
PPS read somewhere today that oil resrves will all be gone by 2050.
Last edited by Proto : 05-18-2004 at 4:24 PM.
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05-18-2004, 4:31 PM
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#8 |
Join Date: 02-10-2002 Location: Hoosierland, USA
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| Re: Time to tap the Strategic Petroleum Reserve? That is already happening...in fact China is building a huge reserve right now, and that is one of the zillion reasons why oil is high right now... China's Oil Reserve
Edit:
Concerning votes....the White House said today they stand firm in not tapping the SPR.....while John Kerry made a speech today calling for the spigots to turn on. So you are correct in your statement that someone is using it for votes....
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Last edited by Baketech : 05-18-2004 at 4:33 PM.
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05-18-2004, 4:55 PM
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#9 |
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| Re: Time to tap the Strategic Petroleum Reserve? Proto, we create products (and money) world wide commensurate with our energy usage.
Go compare GDP to oil usage....the truth is out there. |
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05-18-2004, 5:08 PM
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#10 |
Join Date: 02-10-2002 Location: Hoosierland, USA
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| Re: Time to tap the Strategic Petroleum Reserve? Actually while the press keeps hyping the "price" of gasoline being at it's highest ever, the "cost" of gasoline remains low.
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09-24-2004, 3:15 PM
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#11 |
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| Re: Time to tap the Strategic Petroleum Reserve? Looks like we are going to tap it for Ivan...
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CBR929 - VFR800 - VFR800 "There is a grey blur, and a green blur. I try to stay on the grey one..." - Joey Dunlop |
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09-24-2004, 3:29 PM
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#12 |
Join Date: 06-13-2001 Location: Raleigh, NC
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| Re: Time to tap the Strategic Petroleum Reserve? I still vote no...
Strategic is when canadians invade our country and we need fuel for jets to bomb them back to france.
I don't agree with tapping it at this time. |
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09-24-2004, 3:40 PM
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#13 | | Adding more and more CBR parts
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| Re: Time to tap the Strategic Petroleum Reserve? I swear I just paid $2.03 last week. Its not like a few weeks ago when it was 2.35? I can almost get my tank full on $50 again. Whats the dealio?
Bah... Invade mexico!!  |
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09-24-2004, 4:23 PM
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#14 |
Join Date: 05-02-2002 Location: Toronto, Canada
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| Re: Time to tap the Strategic Petroleum Reserve? When Canada becomes the 52 state you take our oil!!  |
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09-28-2004, 11:06 AM
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#15 | | long-time addict
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| Re: Time to tap the Strategic Petroleum Reserve? That's natural gas and oil shale, soon2b954. Biggest reserves on the planet. Canada doesn't need a strategic reserve, does it?
Why on earth is a normal price rise to match economic conditions a reason to use the US strategic reserve? Not mine to vote, but I voted no anyway.
__________________ Change is as good as a rest! |
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09-28-2004, 11:31 AM
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#16 |
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| Re: Time to tap the Strategic Petroleum Reserve? Quote: |
Originally Posted by Baketech Looks like we are going to tap it for Ivan... |  |
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08-31-2005, 10:13 AM
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#17 |
Join Date: 02-10-2002 Location: Hoosierland, USA
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| Re: Time to tap the Strategic Petroleum Reserve?
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CBR929 - VFR800 - VFR800 "There is a grey blur, and a green blur. I try to stay on the grey one..." - Joey Dunlop |
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08-31-2005, 10:28 AM
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#18 |
Join Date: 03-30-2004 Location: Ann Arbor, MI
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| Re: Time to tap the Strategic Petroleum Reserve? Luckily I bought a couple of gallons last week and froze them. |
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08-31-2005, 10:33 AM
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#19 | | Just repeating what ever I hear...
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| Re: Time to tap the Strategic Petroleum Reserve? Yea I heard that this morning. Dumbasses.
HD |
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08-31-2005, 10:36 AM
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#20 | | Blow me.
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| Re: Time to tap the Strategic Petroleum Reserve? Save 'em for WWIII |
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08-31-2005, 2:02 PM
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#21 |
Join Date: 07-13-2004 Location: Living in Barrie, thinking about the gap
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| Re: Time to tap the Strategic Petroleum Reserve? Tap into it and send it to canada so our premium gas won't be $1.25 a LITER(1/4 gallon) more than 2 times the price of you guys, why not ask the guys from overseas what they would think of gas for 2 bucks a gallon, pretty sure they would take it in a minute.  |
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08-31-2005, 2:49 PM
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#22 |
Join Date: 02-10-2002 Location: Hoosierland, USA
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| Re: Time to tap the Strategic Petroleum Reserve? Quote: |
Originally Posted by Northern RR Tap into it and send it to canada so our premium gas won't be $1.25 a LITER(1/4 gallon) more than 2 times the price of you guys, why not ask the guys from overseas what they would think of gas for 2 bucks a gallon, pretty sure they would take it in a minute.  | This thread is about gas prices...not taxes... 
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Sith Apprentice
CBR929 - VFR800 - VFR800 "There is a grey blur, and a green blur. I try to stay on the grey one..." - Joey Dunlop |
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08-31-2005, 3:02 PM
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#23 | | | |