>Cushing at operational stress level>SPR at the lowest level in more than 40 yearsShould we start worrying about this?
>only about fifteen (15) days of oil left in American's strategic petroleum reserves.The damage Trump has done to this country will take decades to undo.
>>537680877Two more weeks until that global economic collapse you’ve been predicting every day for a year and a half
>>537680948so i should buy the dip in two weeks? I have about $20 grand ready to invest
>>537680795They’ve been saying “buckle up” for over 10 years now
>>537680948lol
>>537680795what is API, Cushing and SPR?
>>537680795This means I don't have to go to work anymore soon, right?
>>537680795the stategic petroleum reserves went down 245.000.000 barrels during peak ukraine war.9.000.000 down is not even close to the lowest level in less than 40 yearsstop falling for twatter clickbaits
>>537681682When do I get to enjoy the collapse and not fear the system?
>>537681738In two weeks, apparently and unironically.
>>537680877You lost tranny.
>>537680795>we
>>537681738Only in the movies. Here we suffer the whole way.
Lets be honest. The SPR is in equal parts, a price stabilization tool, and a way for the US government to make some money, buying low and selling high. Operational stress level means the US oil producers are making money hand over fist. Get a job with them.
>>537680795the oil in the spr floats on water and under 300 million barrels the oil layer is pretty thin and so pumping speed slows way down rendering the spr not super useful.
>>537681109American Petroleum Institute classifications for different oils, crude, diesel, and regular motor gasoline. Cushing, Oklahoma....major hub for pipelines and oil storage.Strategic Petroleum Reserve...located in the Cushing, OK hub...as well as other hubs down in Houston and along the gulf.
>>537680795Worrying? I hope Greta and the gang decide now is the time to go all in on Uncle Ted's style.
>>537681717>9.000.000 down is not even close to the lowest level in less than 40 years>stop falling for twatter clickbaitsThat's down 9m barrels for TODAY. We use 20m barrels each day.Of that 20m, we produce about 12m barrels domestically and we import about 5m barrels from Canada.The other 3m daily barrels is typically imported from the middle east....which is the problem. We been burning through our reserves just like other countries. We could use Venezuelan oil, but the quality of their crude is shit and takes much longer to process into diesel/gasoline.
>>537681717>kike is lyingThe lowest was 346,759 thousand barrels in july 23. The last report from 12 days ago was at 340,251 thousand barrels.
>>537680948The absence of this is more due to how they've been cleverly managing to paper things over rather than the observation of the underlying fundamentals degrading being flawed
>>537683934Btw the SPR was only lower than today's level in the first year of its weekly oil level reports. The first weekly report was in august 1982 at 270,455 thousand barrels, and in July 1983 at 339,962 thousand barrels. So, the lowest level in 43 years.
>>537682889>We could use Venezuelan oil, but the quality of their crude is shit and takes much longer to process into diesel/gasoline.??? Venezuelan is identical to Canadian oil, the only difference is you get to buy Canadian oil way below market value
>>537680877>>537683934I don't lie; at best, I have spoken badly.there is a reason we voted to stop these wars that only benefits jews and globohomotomists
>>537685012The entire venezuelan infrastructure in texas should still exist, shouldn't it? Before the americans launched their attempted coup in venezuela, venezuela was practically only exporting to the USA.But the idea that america would run out of oil was never a real threat, and that's not the point. The point is that high oil prices would cause global production and therefore global trade to collapse. Which in turn would undermine the USD's foundation. That's why there's panic in washington.
>>537685334Lowest level in 43 years. So you agree now, or what?
>>537680795>Cushing at operational stress levelgood lord!
>>537680795By the way, it's interesting that gasoline inventories have increased. This means they've ramped up refinery production even though crude oil was expensive and gasoline demand hadn't risen. Economically, this doesn't make sense, so they probably complied with a request from washington. That also explains why gasoline prices at the pump have fallen in recent weeks.
>>537685710
>>537686376With this level, we have even already reached the lowest level since june 1983.
>>537681682In a free fall collapse you will work harder just to survive than you ever did at a 9 to 5You're gonna die of dehydration and your body eaten by cats
Lol
>>537680877The last 10 years has been truly hell. Reminder that all of it, Trump, COVID, trannies, tranny hate, all of it was from jews being manipulative.
>>537680948>>537682035These two reactions alone should have every anon filling a barrel with high test and hiding it in the woods with a go bag and a gun. Picrel was oil refineries outside Russia, China, and the Middle in the first quarter, and we know how things have went in Russia and the Middle East.
>>537680795But Biden used the SPR too
>>537680795theyre gonna fake trumps assassination on july 4. screenshot this.
>lol
>>537680795no its fine. unless you are the type of faggot that wears smart glasses. hey meta is this guy a faggot?
>>537680877I’m shocked you haven’t 40%’d yet.
>>537680877Get a load of the faggot who still thinks the damage can be undone. Look at him and laugh.
>>537680948This but unironically, diesel shortage in two weeks, six months to clear the straight of mines if we started today but Israel has to greatest ally. Shits fucked and the longer the market pretends otherwise the worse it gets. We should be rationing via price but clown world has to continue until the last possible second.
>>537685012You stupid faggot. You don't know what an upgrader is, do you, and what they mean for every barrel of tar sand oil that leaves this country in a pipeline?Which is the only oil we have like Venezuelan oil, and we have lots of other kinds, although less and less as time goes on.
