Categories
Tag: oil
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Are We Done Raiding The SPR?
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Oil Supply Rises…..Due To Imports
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Over 40% of the SPR Drained
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The Drain of the SPR Continues….
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“Administration Desperate…..”
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Inflation is NOT Oil’s Fault
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1/3 of SPR Gone
I’m stunned the inventory numbers aren’t concerning more people. We are getting to levels where a singular event could cause major disruption to the economy via oil prices making another large leap higher. I’m talking $70-$100 bbl more, not $10-$20. If the first chart on the left below doesn’t scare you, you’re not reading it correctly.