Typical Obama Super Genius Plan: “Let’s Swap Out Some Schweet, Primo Stuff For a Questionable, Temporary Return…
…and a BOATLOAD of shit we’re stuck with forever“.
Sound familiar?
Saudi, US Debated Oil Reserve Swap Before OPEC
…In the weeks leading up to the failed June OPEC meeting, U.S. and Saudi officials met to discuss surprising the market with an unprecedented arrangement: exchanging urgently-needed high-quality crude oil stored in the U.S. emergency reserve for heavier, low-quality oil from Saudi Arabia, according to people familiar with the plan.
The idea involved shipping some of the light low-sulphur, or “sweet,” crude out of the U.S. Strategic Petroleum Reserve to European refiners, who needed it after the war in Libya cut off shipments of its premium crude varieties coveted for making gasoline and diesel.
Remember when calling for a “release” to lower oil prices was “pandering”, because it was for “EMERGENCIES”?
How does one categorize giving the whole fricking thing away, for crap you have to refine within an inch of its life to use? Besides, Europe should have thought of that whole “Libya might be inconvenient” angle, them being so almighty green and all. Let THEM figure it out.
Don’t you just want to smack every single soul who voted for this guy in the chops?
Gorebal Warming, Makes Ya Barf, Nanny State, People, Politics, World Stuff | tree hugging sister | 
June 15, 2011 12:06 pm
Subscribe
Just consider it a metaphor for this administration – trading good for bad & bad for worse.
If their oil is so “heavy” why is it called “Saudi Light”? Just asking.
Pardon my French, but the Euroweenies can fuck themselves with a bung wrench.
And so can Obama.
Washington warned us at his farewell speech,”beware of foreign entanglments.”
We are doomed,due to our President and the Congress playing international Monopoly;but we always land on GO TO JAIL.
“And so can Obama.”
I think he’d screw that up as well.