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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Steve203 🐝 HONORARY
SHREWD
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Number: of 84363 
Subject: Running on "empty"
Date: 05/20/26 1:49 AM
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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.


msn.com - The oil market is coming for donald trump US strategic petroleum reserve has now fallen below million barrels

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
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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