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View Full Tract ListToday is Election Day in the USA. They failed to fix the problems from the 2020 election, and many precincts are still using the Dominion voting machines. When the results begin to be published tonight and tomorrow, we will see what transpires. Many think that we are about to enter a time of unrest and trouble.
The Bidenista regime announced last March that it would be selling a million barrels of oil per day from the strategic reserves in order to keep the price of fuel down.
https://www.axios.com/2022/03/31/strategic-petroleum-reserve-gas-prices-biden
The pace of the release was designed so that the reserves would run out about the time of the midterm election today—obviously, a political decision. A report dated October 31 says:
“Shifting gears to the U.S. Strategic Petroleum Reserve: This is what President Biden had that unprecedented release of 180 million barrels this year, trying to drive down gasoline prices at the pump, and that’s coming to an end in November. Are we set for some scarier times once that’s over?”
The sale of these reserves dropped the price at the pump from $5/gal. to about $3.50/gal. So we have all benefited from this over the summer months. But after Election Day, it is inevitable that we will start seeing a rise in fuel prices.
In mid-October, it was reported that we only had 25 days’ worth of diesel reserves in the country.
https://finance.yahoo.com/news/us-now-just-25-days-160000619.html
In other words, if we were to cease all production of diesel fuel, we would run out in mid-November. Of course, diesel will continue to be produced, but the point is that diesel is being used up faster than it is being produced. Eventually, this will catch up to us. Virtually all of our industry depends on shipping goods (including regular gasoline) with trucks and railroad engines that burn diesel.
This could be a problem in the months ahead, so be aware of this, if you have plans to drive any distance from home.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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