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In Reply to: Dumping the strategic reserves isn't going to last very long. posted by emailtim on July 1, 2022 at 10:28:36:
They have NEVER been over 726.6 million barrels.
And that was in 2011.
Gas at $6 a gallon? Maybe a good time to tap them a bit?
And, at 500 million bbl in the reserve and we seem to be reducing it at a rate of 10-12 million bbl per month.
How long will it last?
In four years we can worry about it.
In the mean time, US production continues to rise such that the US is the world larges crude producer.
First they came for the dumb-asses
And I did not speak out
Because I was not a dumb-ass
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Follow Ups
- We're not DUMPING our strategic reserves... - Ivan303 11:15:53 07/01/22 (8)
- Your plot is out of date, we are below 500 and dropping (nt) - emailtim 13:07:18 07/01/22 (7)
- RE: Your plot is out of date, we are below 500 and dropping (nt) - Inmate51 13:55:37 07/01/22 (6)
- RE: Your plot is out of date, we are below 500 and dropping (nt) - emailtim 14:01:58 07/01/22 (5)
- A single valid character - Steve O 14:14:47 07/01/22 (4)
- Please... - musetap 14:31:54 07/01/22 (3)
- Sorry 'bout that . . . - Steve O 16:26:07 07/01/22 (2)
- I can appreciate that and support it... - musetap 17:42:00 07/01/22 (1)
- I'm shocked I tell you, simply shocked ;-) (nt) - Steve O 19:26:29 07/01/22 (0)