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U.S. emergency oil reserve draws by 6.9
mln barrels to lowest since 1986

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Posted By: Harlowe, 6/29/2022 4:19:41 PM

U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 6.9 million barrels in the week to June 24, according to data from the Department of Energy. Stockpiles in the Strategic Petroleum Reserve (SPR) fell to 497.9 million barrels, the lowest since April 1986, according to the data. About 1 million barrels of sweet crude and 6 million barrels of sour crude were released in to the market.

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Reply 1 - Posted by: DVC 6/29/2022 4:27:26 PM (No. 1201081)
Part of the plan. No oil reserves is their intent.
17 people like this.

Reply 2 - Posted by: Zeek Wolfe 6/29/2022 4:32:47 PM (No. 1201085)
Weaken and make America vulnerable...Pelosi, Shumer and Biden, right on schedue.
12 people like this.

Reply 3 - Posted by: GoodDeal 6/29/2022 4:36:07 PM (No. 1201089)
So far so good. Diesel fuel and DEF are running out at truck stops all over the country. Diesel at a local stop near me is over $7/G when they have it. Gas is over $6/G. Shortages and higher prices for everything is escalating. I live in So Cal and a big sign at Mcdonald's is advertising $16/hour for new crew employees and $18/hour for mgrs. I drove through and ordered one filet of fish and a medium fries and the total was $9.14. I am sorry I just can't support this and have no plans on going back. You're killing us Joe. You A-whole.
17 people like this.

Reply 4 - Posted by: Bur Oak 6/29/2022 4:40:26 PM (No. 1201095)
The SPR didn't fall it was intentionally drained by the administration.
15 people like this.

Reply 5 - Posted by: Birddog 6/29/2022 4:48:48 PM (No. 1201106)
it is(or was) called a "Strategic Reserve" for a reason...we are now down below 20days of reserve because it is being Tactically/Politically squandered. Right as Hurricane season is starting and drilling/shipping/refining capabilities may well be impacted by those storms. He is treating it as LESS important than Toilet Paper, which now has a greater strategic reserve..
7 people like this.

Reply 6 - Posted by: LC Chihuahua 6/29/2022 5:14:21 PM (No. 1201117)
But we're not using oil anymore! We're off fossil fuels! Lolololololol!!!!! We are ruled by corrupt morons.
9 people like this.

Reply 7 - Posted by: bighambone 6/29/2022 5:19:38 PM (No. 1201128)
Biden will draw the strategic reserve down as much as possible, will not refill it, and will go on to falsely blame Trump! That’s been the leftist, progressive, and socialist Democrat plan all along.
7 people like this.

Reply 8 - Posted by: Urgent Fury 6/29/2022 5:29:58 PM (No. 1201141)
This country is being destroyed piecemeal, and everyone is standing around waiting for November as if that will fix everything. I do not mean us.
5 people like this.

Reply 9 - Posted by: 2assume 6/29/2022 5:42:40 PM (No. 1201148)
https://www.linkedin.com/pulse/partial-list-over-6000-products-made-from-one-barrel-oil-steve-pryor Copy and paste. You will be amazed.
3 people like this.

Reply 10 - Posted by: Sandpiper 6/29/2022 5:52:09 PM (No. 1201158)
It’s going to be a long cold winter. No heating oil, not enough natural gas and watch them find a way to ban wood-burning too.
4 people like this.

Reply 11 - Posted by: watashiyo 6/29/2022 6:34:40 PM (No. 1201193)
China, Russia, North K, and Iran, are you taking notes? Maybe BiteMe Diaper will start an oil relief fund so we could buy them electric cars.
3 people like this.

Reply 12 - Posted by: Blue Hen1 6/29/2022 9:40:00 PM (No. 1201302)
Hunters dad, doing his job, weakening the US
2 people like this.

Reply 13 - Posted by: pilot222 6/29/2022 9:52:37 PM (No. 1201308)
Sick of “the Calvary is coming” The Calvary was coming to the Alamo too. How did that work out? These globalists will destroy USA by November.
4 people like this.

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