Obama Releases Oil Reserves While Boehner Releases Oily Tear Drops.
President Obama has decided to release 30 million barrels of the emergency oil supply this week. The reasoning behind it is that the supplies were needed for a “tightening market” and “a gap in supplies.”
In reality, what Obama did was send a gigantic “Fuck You” to OPEC, the oil companies, and the Republicans.
Think about it; Saudi Arabia was in the process of releasing more oil, while back here in the states, off shore drilling permits are now handed out like misspelled protest signs at a Tea Bagger rally. The price of oil was already dropping, and this announcement made it drop further,to the tune of a whopping 5%!
I don’t give a shit if we needed the oil or not. By releasing the 30 million barrels, Obama seems have stuck both of his middle fingers in the air and proclaimed “Suck on this a while boys!” To make things worse, or better, depending what side of the political fence your on, the house Democrats seem to be holding their ground on tax breaks for the oil industry.
The bottom line is that the Republicans are continuously exposing themselves as the greedy buffoons they really are. Meanwhile, the Democrats may finally be in the early stages of growing some balls. Grab your popcorn folks; with the Dems extending a giant, oil covered middle finger, things just got a hell of a lot more interesting.