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Article didn't mention, but as reserves get lower, there is a forced slowdown in withdrawals, and some of the caverns are in danger of collapse which not only creates a massive restoration costs, it also make 50m (1/5th or so) barrels of reserves just disappear.
As the reserves get lower and lower, the physical facilities can get degraded, Gross says: " You can damage them by pumping too much out of them."
Why store an emergency reserve in a way where you can't access it as needed?
Ah who am I kidding, it's of course because it's cheap.
it's almost as if it would've been a good idea to figure out some alternate energy sources beforehand
MORE MORE MORE
Let's collapse the oil energy system, so we can finally all be forced to transition to a cheaper, efficient, cleaner, and self-contained energy system like with solar.
Thanks Donny for helping the renewable energy movement!
I mean.. maybe. I like clean energy, but people will starve too. I don't see Trump's government hopping on clean energy as a solution. They will blame and deflect. They will destroy all our national parks scavenging for resources. It will be bad.
I mean private planes will still fly and there will still be food that goes to waste. People starving isn't because of oil shortages but because the rich won't eat the cost and rather kick people onto the street. Now the fertilizer shortage on the other hand...
People will starve but remember the alternative is total global collapse so embrace your inner Farquad

OR the Orange Stain will invade another country. Isn't the USA so gosh darn quirky!
This is what I likely see happening.
Canada is selling a large amount of their supplies to China and anyone else besides the U.S. right now due to tensions. Alberta already has a separatist movement that has been quietly invaded by bad actors from various U.S. organizations.
Exactly as I said at the beginning of the summer: they will burn the reserves until the election them immediately turn them off.
It’s a win win for them. They either lose the election and stick the Dems with a fuel crisis, or win the election and finish their dictatorship.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
We're still a month out and we mostly stopped pulling from the reserve 3 weeks ago. The last 3 weeks the reserve dropped by less than 1 million barrels, while all summer I think we were averaging more than 5 per week.
We will be doing so much winning you may get tired of all this winning! 🫲🍊🫱
Republicans are expecting to lose and are going to blame all this fallout on the democrats who will be elected
And the average dumb American will fall for it and Trump will be elected president again in 2028 lol (yes, he will find a way around the 2 term limit law).
Or a Democrat will win, do nothing for 4 years, and then Trumpinator AI wins 2032
yeah he pretty much does not care about prices after the election so they are pumping out as much as possible to keep prices from skyrocketing.
“I don’t think about Americans’ financial situation. I don’t think about anybody" - Epstein Files star
Prices have already skyrocketed. They've doubled since he took office.
thats with massive pumping from the reserves. The true height is at least double again.
When Trump took office this time around I was paying around $2.00 a gallon. Today it was 4.19. I don't know if I can afford much more.
oh wow. I can't remember the last time I saw two bucks a gallon. Im lucky though in that I have only begrudgingly had a car so don't use a whole lot. like gas going up is such a drop in the bucket vs other things. I can't not eat.
The farmer and trucker that feed you need diesel.
Every manufactured good you come in contact with has likely been transported on a truck at some point.
This is Biden and Obama's fault somehow!
It could be argued that Biden shares some of the blame here. My understanding is that his administration released almost half the SPR during Covid to a) help the global economy and b) make a killing (for the government) selling oil when prices were high.
The idea being that they'd replenish the reserves after the crisis, when prices were low/normal again.
The problem with that is that the salt caverns are rated for a limited number of drawdown cycles, so you can't use it as a bank account. They're more like an old-timey piggy bank, you break it to use it.
That being said, the biggest difference is of course that Biden didn't cause Covid. Trump very much started the war with Iran.
As soon as we're on empty China or Russia will invade something.
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