Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week! | How To Invest
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week! | How To Invest
Search Politics


Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (2) |
Author: Steve203 🐝  😊 😞
Number: of 77759 
Subject: Running on "empty"
Date: 05/20/26 1:49 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
You kids haven't seen anything yet.

The oil market is coming for Donald Trump: US Strategic Petroleum Reserve has now fallen below 300 million barrels

The International Energy Agency's May report shows global oil inventories fell by 250 million barrels across March and April, with the Q2 drawdown running at 8.5 million barrels a day. The U.S. just released another 53.3 million barrels from the Strategic Petroleum Reserve to Trafigura, Marathon, and ExxonMobil — the second major release this spring, leaving the reserve below 300 million barrels.


https://www.msn.com/en-us/money/markets/the-oil-ma...


According to the net sifter, the US SPR contained about 415Mbbls in January, so Lord Trump has smoked a quarter of it, in only two months. Other nations coming to the US for oil, as Trump the Petro King brags. While Burgum proclaims keeping USian oil for USians is a bad thing, because it would crimp big oil's profits.

oh, lordy

Steve
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (2) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds