U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

Chart of strategic reserve levels since 1982, for context

https://en.macromicro.me/charts/41674/us-strategic-petroleum...

The headline is hiding the fact that this was a fairly modest 400K bbl draw for the week.

So seriously, what is the administrations intention here? They’ve used all the missiles and drained all the gas. Are they trying to get the U.S. invaded?

And winter is coming

They’ve ruined us.

I am frankly a bit bewildered by all this. The US administration lies and lies. The Iranians lie. Doomers keep talking about how gas prices will skyrocket "in two weeks". Occasionally the "everything is fine, nothing to see here" folks wheel out some journalist saying there will be a peace deal any day now.

It's pretty difficult to figure out what the reality is besides "not good".

looks like gasoline will skyrocket very soon very badly..

Thos year’s drop is terrible, but we know the reason. Anybody know why the big drop in 2021-22?

Brought to you by the epestein war

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