That's as much as we burn in 9 days BTW https://ycharts.com/indicators/us_oil_consumption
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To put it in perspective that is about 40% of the reserve!
Yeah, I recall it was down to 400 mil barrels already thanks to Biden releasing oil earlier.
Yeah that was in response to the Russian invasion of Ukraine and Russian oil being taken off the market and of course trying to lower the price of gas before the mid terms in '22
Approximately 20 million barrels traveled through the strait of Hormuz before the war. Even if the conditions allowed for half of that number to go through now, we are pretty much burning though that stockpile in 40 days. The clock is ticking. Things will be completely uncontrollable in a month long war.
Exactly, and once the reserves run dry there's not going to be an easy way to refill them after either.
... we are pretty much burning though that stockpile in 40 days. The clock is ticking.
maybe this is the closest thing to a timeline we have before iran decides to re-engage the us at peace talks.
either that or it's a timeline for when the isrealis will use a nuke on them.
It's for the shareholders to keep costs down, prices for the unwashed masses won't go down.
Oh good the long term damage to oil production, storage, and shipping is solved!
The US uses 20M barrels of oil per day this is less than 9 days worth of supplies.
This is burning down all your crops and going “don’t worry though I picked up a box of protein bars so we are good food wise”
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