Current rate is 12 million bbl per week. At that rate here is the expected outcome:>mid August>authorized 243 million storage reached>at 240 million bbl the storage starts to risk collapse and reduced effectiveness>late October>150 million bbl limit is reached>not authorized to drain anymore unless the country is at war and only for military use
>>536441524anon you can't just give 9 months of SPR timeline and expect legit discussions unless you work for a certain group.
>>536441605It's 5 months. Also I just did math.
Yeah but think of how mad the libs will be lol
>>536441642OP august was not 5 months ago.
>>536441704Late October is 5 months from now.
My theory:>trigger recession on purpose and blame it on Iran >use opportunity to do QE>send interest rates lower to finance debt>inflation soaring higher than before
>>536441524Lol
>>536442076Proven by whom?Who is going to build all that infrastructure to extract it?When is that oil coming online?
>>536442238Who? The US companies, all of them, already built a bunch and are working at bringing it back online after being screwed out after building it up years ago. The US (companies) are taking the oil and bringing it into the us economy and then greater global economy. This will create growth for banks to invest into, so monetary inflation with which to service the interest fees extracted by banks to underwrite the fake money they lend to the treasury.
>>536441524>you finally made a thread about thisgood on ya
Russia and China will give Iran as much support as it needs to keep the Persian Gulf closed off to America and American allies. The current situation is too good for Russia and China for them to let it end. Iran is the WolfsAngel that will choke America to death. It boggles the mind that the Trump administration did not consider the possibility of Iran closing the Straight of Hormuz if we attacked them. Every first year Midshipman at the US Naval Academy for the past 50 years knew that Iran would close the Straight of Hormuz if we attacked them. Trumps hubris is his downfall. The moron committed the greatest geopolitical blunder in the past 100 years.
>>536443785>venezuelan oil production has been scaled up fast enough to impact global trade levels over the course of ~3 mosDelusional
>>536441642come back in 4 months 2 weeks
>>536442076Yeah just a few years before the infrastructure is set up trust the plan
