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U.S. emergency oil reserve draws by 6.9 mln barrels to lowest since 1986
https://www.reuters.com ^ | 27 June, 2022 | Staff

Posted on 06/29/2022 11:50:56 AM PDT by Red Badger

HOUSTON, June 27 (Reuters) - 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.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections
KEYWORDS: energy; energyschadenfreude; fjb; oil; spr
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1 posted on 06/29/2022 11:50:56 AM PDT by Red Badger
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To: Red Badger

Old Joe just keeps pissing us away.


2 posted on 06/29/2022 11:54:03 AM PDT by mcshot (If we're the best of the punch we're in trouble.)
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To: mcshot

sig line correction.


3 posted on 06/29/2022 11:55:09 AM PDT by mcshot (If we're the best of the bunch we're in trouble.)
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To: Red Badger

almost like the feds are doing this by design..........


4 posted on 06/29/2022 11:56:08 AM PDT by hillarys cankles
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To: Red Badger
What really stinks is that President Trump topped off the strategic reserves when oil prices are low. And now Biden is on a spree destroying what should be saved for defense. Biden is a psychopath who can only destroy.

5 posted on 06/29/2022 11:56:08 AM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: Red Badger

What if there is a WWIII? Or some major disaster?
Then we will need all that oil and guess what?
Brandon got rid of it in useless struggle to cut few cents of the gas prices.


6 posted on 06/29/2022 11:58:09 AM PDT by AZJeep (https://www.youtube.com/watch?v=O0AHQkryIIshoot in the street without fear.)
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To: mcshot

I’ll bet a million bucks that Biden will not replenish it, either. Wait, I’ll make that bet 10 million bucks.


7 posted on 06/29/2022 12:00:15 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Red Badger

US Refinery’s are maxed out..Sh*tShow Joe is selling the oil to....who knows.....


8 posted on 06/29/2022 12:00:26 PM PDT by wardamneagle
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To: laplata

Hahah, kind of reminds me when the out-of touch fool Romney tried to bet Obama 1m bucks in the debate stage.


9 posted on 06/29/2022 12:03:49 PM PDT by wiseprince (Me,)
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To: Red Badger

Yet another disaster from Dementia Joe.


10 posted on 06/29/2022 12:09:56 PM PDT by SmokingJoe
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To: Red Badger

Not a problem.. our electric tanks, electric personnel carriers, electric destroyers and frigates and those electric aircraft are good to go for 4 or 5 hrs before charging.


11 posted on 06/29/2022 12:23:11 PM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: laplata

Might as well make it 10 trillion... /s


12 posted on 06/29/2022 12:24:37 PM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Red Badger

Stockpiles in the Strategic Petroleum Reserve (SPR) fell to 497.9 million barrels, the lowest since April 1986

13 posted on 06/29/2022 12:27:12 PM PDT by gitmo (If your theology doesn't become your biography, what good is it?)
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To: Red Badger

So Brandon has made us weaker for Putin. Plus, what if a hurricane hits the Gulf coast?


14 posted on 06/29/2022 12:31:01 PM PDT by vaskypilot
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To: vaskypilot

It will be a double disaster......................


15 posted on 06/29/2022 12:32:28 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: AZJeep; Red Badger
AZJeep :" What if there is a WWIII? Or some major disaster?
Then we will need all that oil and guess what?
Brandon got rid of it in useless struggle to cut few cents of the gas prices."

The Strategic Reserve is used to bolster _iden's European reputation that he is dong something (again, at our nation's expense);
and will replace the less expensive petroleum with more expensive petroleum that he controls.
Has the _resident done anything that hasen't cost this nation more than it has received ?
This is just more white hearse directed national self-sabatogue of the nation's reserves (money, supply chain, production, international reputation, etc., etc.)
Don't worry about WWIII, our tanks and vehicles will run on solar and wind
until it gets cloudy or the wind dies down. .. /s

16 posted on 06/29/2022 12:40:29 PM PDT by Tilted Irish Kilt
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To: Red Badger

Setting up the US homeland to not be able to respond to an attack on our society? This, in conjunction with the Jobama going after civilian firearms and ammo availability, there’s no other legitimate reason to drain our federal fuel reserves!


17 posted on 06/29/2022 12:42:53 PM PDT by drypowder
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To: Red Badger

Some day we’re going to need that oil and it won’t be there. Thanks, Bidet.


18 posted on 06/29/2022 12:45:38 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: wiseprince

Yep.


19 posted on 06/29/2022 1:36:56 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: maddog55

That’s right.


20 posted on 06/29/2022 1:40:49 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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