39 days is all that is left of the Strategic Petroleum Reserve

The release isn't because we have a shortage of oil in our market, it is countering OPEC+'s decrease in production. We are only 1.3mbd in the hole this week and non of that came from the SPR.

No, we are dumping the strategic reserves because we imposed illegal economic sanctions on Russia, causing the price of gasoline to nearly double. Dumping strategic oil dropped prices almost back down to what they were.
 
Biden ordered the Strategic Petroleum Reserve to send in Last July 2022, in a sale of 39 million barrels from the SPR that was part of the 180 million-barrel release, 1 million barrels went to UNIPEC America, a Houston-based arm of China's Sinopec. Owned by CCP.

The United States consumes about 20 million barrels of oil per day, according to the U.S. Energy Information Administration. As of 2021, the U.S. produces about 11 million barrels per day.
US Crude Oil in the Strategic Petroleum Reserve Stocks

YCharts - Financial Research and Proposal Platform › indicators › us_ending_stocks_of...
US Crude Oil in the Strategic Petroleum Reserve Stocks is at a current level of 351.28M, up from 350.98M last week and down from 422.58M one year ago.
So if the USA has to use 9 million barrels a day from the SPR that means just 39 days supply left.

What happens when US runs out of oil?
All public transport, including planes, trains and buses, would come to a grinding halt. Industry is would be hit very hard; millions would lose their jobs. Food production would also suffer on an incredible scale and hundreds of millions would starve to death as a result.
Happens all the time, snowflake! :rolleyes-41:
 
No, we are dumping the strategic reserves because we imposed illegal economic sanctions on Russia, causing the price of gasoline to nearly double. Dumping strategic oil dropped prices almost back down to what they were.
Wow sounds serious*



































































*(it would be more serious if it were actually true).
 
Biden ordered the Strategic Petroleum Reserve to send in Last July 2022, in a sale of 39 million barrels from the SPR that was part of the 180 million-barrel release, 1 million barrels went to UNIPEC America, a Houston-based arm of China's Sinopec. Owned by CCP.

The United States consumes about 20 million barrels of oil per day, according to the U.S. Energy Information Administration. As of 2021, the U.S. produces about 11 million barrels per day.
US Crude Oil in the Strategic Petroleum Reserve Stocks

YCharts - Financial Research and Proposal Platform › indicators › us_ending_stocks_of...
US Crude Oil in the Strategic Petroleum Reserve Stocks is at a current level of 351.28M, up from 350.98M last week and down from 422.58M one year ago.
So if the USA has to use 9 million barrels a day from the SPR that means just 39 days supply left.

What happens when US runs out of oil?
All public transport, including planes, trains and buses, would come to a grinding halt. Industry is would be hit very hard; millions would lose their jobs. Food production would also suffer on an incredible scale and hundreds of millions would starve to death as a result.
/----/ Dementia Joe is waiting for oil to hit $150 a bbl then he'll refill the SOR.
 
Happens all the time, snowflake! :rolleyes-41:
So the SPR 24 hours a day 365 days a year is drained and refilled every day..."happens all the time"?
Don't you ever feel embarrassed in making such a dumb ass, totally unbelievable and totally unsubstantiated comment? It simply shows your ignorance!
 
So no more gas after November 17?
Keep showing your stupidity, candy... using your statement that means the SPR every day is drained at 9 million barrels a day...RIGHT NOW! According to you!
Why do you make such totally stupid and definitely ignorant comments? All they do is show your low IQ!
 
Keep showing your stupidity, candy... using your statement that means the SPR every day is drained at 9 million barrels a day...RIGHT NOW! According to you!
Why do you make such totally stupid and definitely ignorant comments? All they do is show your low IQ!
You keep screaming about this. But you won’t say what it means.

I’m just asking you what you think it means.

Because every time you try to explain what is going to happen, it’s an unending source of joy. Like you saying we’re going to need thousands of nuke plants, we’re going to have $4,000 light bills, etc...
 
So the SPR 24 hours a day 365 days a year is drained and refilled every day..."happens all the time"?
Don't you ever feel embarrassed in making such a dumb ass, totally unbelievable and totally unsubstantiated comment? It simply shows your ignorance!
It usually happens at least once per administration. Did you think Trump didn’t do it? :rolleyes-41:
 
You keep screaming about this. But you won’t say what it means.

I’m just asking you what you think it means.

Because every time you try to explain what is going to happen, it’s an unending source of joy. Like you saying we’re going to need thousands of nuke plants, we’re going to have $4,000 light bills, etc...
Are you truly that dumb? You almost never check the facts... you just guess. That's dumb!

The issue is the SPR is at the lowest level since it's inception!

The SPR currently holds about 372 million barrels, the lowest since 1983, in hollowed-out salt caverns along the Gulf Coast​


Why? Because your dumb ass president dumber than you has sold China oil from the SPR and as a result it is the lowest it has ever been! And I'm not saying this the experts are!
A July 7 story from the Washington Free Beacon focused on nearly 1 million barrels of the reserve’s oil that was sold in April to Unipec America, an arm of the Chinese oil and gas company Sinopec, which has, or had, some connection to the president’s son, Hunter Biden. (Hunter Biden once was part of BHR, a Chinese investment fund company that purchased a stake in a Sinopec subsidiary that sells oil products.

So this dumb ass president sells oil to China, oil that is intended for USA use, not the enemy of the USA!
So again a simple explanation: The usa uses 20 million barrels a day and 11 million is from USA production with 9 million imported. If the importation stops then the SPR had 39 days left (372 million divided by 9 million oil replacing stopped imported oil equals 39 days!
This would mean that if the 9 million was stopped today, we'd be in a totally destructive problem due to two results:
1) gas prices would skyrocket, to easily more than today's price and
2) if you couldn't get gas, where will the food comes from as supermarkets keep on average ...
One of the scary factoids in circulation these days is the revelation that grocery stores hold only a three- or four-day supply of food.
 
Are you truly that dumb? You almost never check the facts... you just guess. That's dumb!

The issue is the SPR is at the lowest level since it's inception!

The SPR currently holds about 372 million barrels, the lowest since 1983, in hollowed-out salt caverns along the Gulf Coast​


Why? Because your dumb ass president dumber than you has sold China oil from the SPR and as a result it is the lowest it has ever been! And I'm not saying this the experts are!
A July 7 story from the Washington Free Beacon focused on nearly 1 million barrels of the reserve’s oil that was sold in April to Unipec America, an arm of the Chinese oil and gas company Sinopec, which has, or had, some connection to the president’s son, Hunter Biden. (Hunter Biden once was part of BHR, a Chinese investment fund company that purchased a stake in a Sinopec subsidiary that sells oil products.

So this dumb ass president sells oil to China, oil that is intended for USA use, not the enemy of the USA!
So again a simple explanation: The usa uses 20 million barrels a day and 11 million is from USA production with 9 million imported. If the importation stops then the SPR had 39 days left (372 million divided by 9 million oil replacing stopped imported oil equals 39 days!
This would mean that if the 9 million was stopped today, we'd be in a totally destructive problem due to two results:
1) gas prices would skyrocket, to easily more than today's price and
2) if you couldn't get gas, where will the food comes from as supermarkets keep on average ...
One of the scary factoids in circulation these days is the revelation that grocery stores hold only a three- or four-day supply of food.
Happens all the time, snowflake.
 
Biden wages WAR on fossil fuels then drains the strategic reserve when the American people get pissed off about the skyrocketing price of gas. Typical Dem dumb ass move.
 
It usually happens at least once per administration. Did you think Trump didn’t do it? :rolleyes-41:
NO it doesn't happen every day as the supposition that idiot stated..."It happens all the time"!

IT DOESN'T!!!!
And Trump tried to do it but Congress refused!

FACTS so easy to get use the INTERNET!!!

The Trump administration’s plan to top off the Strategic Petroleum Reserve ran into a blockade Wednesday after lawmakers excluded $3 billion in funding for oil purchases from the massive stimulus package before Congress.

Senate Democrats took credit for stripping out that money from the Senate bill, unveiled Wednesday, calling it a “bailout” for the oil industry.
Along with the rest of the roughly $2 trillion package, the appropriations section will be added as an amendment to an unrelated bill that passed the House last year. The Senate is expected to vote on the legislation Wednesday.
The administration had announced plans to buy 77 million barrels — enough to fill the reserve. The SPR has about 640 million barrels of oil and filling it up would cost about $2.3 billion, at current prices.

NOTE: The SPR had at that time 640 million barrels and Trump wanted to fill it with 77 million barrels.
But the dumb ass president has authorized the sale of over 268 million barrels leaving the SPR at the lowest level since the inception in 1975!
 
Last edited:
NO it doesn't happen every day as the supposition that idiot stated..."It happens all the time"!

IT DOESN'T!!!!
And Trump tried to do it but Congress refused!

FACTS so easy to get use the INTERNET!!!

The Trump administration’s plan to top off the Strategic Petroleum Reserve ran into a blockade Wednesday after lawmakers excluded $3 billion in funding for oil purchases from the massive stimulus package before Congress.

Senate Democrats took credit for stripping out that money from the Senate bill, unveiled Wednesday, calling it a “bailout” for the oil industry.
Along with the rest of the roughly $2 trillion package, the appropriations section will be added as an amendment to an unrelated bill that passed the House last year. The Senate is expected to vote on the legislation Wednesday.
The administration had announced plans to buy 77 million barrels — enough to fill the reserve. The SPR has about 640 million barrels of oil and filling it up would cost about $2.3 billion, at current prices.
Who said “everyday “?
 
Are you truly that dumb? You almost never check the facts... you just guess. That's dumb!

The issue is the SPR is at the lowest level since it's inception!

The SPR currently holds about 372 million barrels, the lowest since 1983, in hollowed-out salt caverns along the Gulf Coast​


Why? Because your dumb ass president dumber than you has sold China oil from the SPR and as a result it is the lowest it has ever been! And I'm not saying this the experts are!
A July 7 story from the Washington Free Beacon focused on nearly 1 million barrels of the reserve’s oil that was sold in April to Unipec America, an arm of the Chinese oil and gas company Sinopec, which has, or had, some connection to the president’s son, Hunter Biden. (Hunter Biden once was part of BHR, a Chinese investment fund company that purchased a stake in a Sinopec subsidiary that sells oil products.

So this dumb ass president sells oil to China, oil that is intended for USA use, not the enemy of the USA!
So again a simple explanation: The usa uses 20 million barrels a day and 11 million is from USA production with 9 million imported. If the importation stops then the SPR had 39 days left (372 million divided by 9 million oil replacing stopped imported oil equals 39 days!
This would mean that if the 9 million was stopped today, we'd be in a totally destructive problem due to two results:
1) gas prices would skyrocket, to easily more than today's price and
2) if you couldn't get gas, where will the food comes from as supermarkets keep on average ...
One of the scary factoids in circulation these days is the revelation that grocery stores hold only a three- or four-day supply of food.
So what you’re saying is that we’re doomed and we will have no gas, diesel or heating oil by Christmas--the same gloom and doom you guys predicted 2 years ago.

Do you ever get tired of being wrong?
 
The party that likes to fuck kids tries to buy votes with various schemes and grifts. But they're feckless and childlike. It's linear thinking, with no foresight past next week. Let's hold the price of gas down for a few weeks and deplete our reserves.... really shit clowns?? :laughing0301:

They need to stick with what they know - raping children and racketeering.
 

Forum List

Back
Top