Jesse Watters Predicts Joe Biden Will Be 'One Of The Worst' Presidents Of All Time!!

[baddog]

Seems easier to keep our own production like it was under Trump and stop shutting down our pipelines.
 

The Strategic Petroleum Reserve (SPR) is an emergency stockpile of 

This is the hidden content, please

• Sign In
• or
• Sign Up

 maintained by the 

This is the hidden content, please

• Sign In
• or
• Sign Up

(DOE). It is the largest known emergency supply in the world, and its underground tanks in 

This is the hidden content, please

• Sign In
• or
• Sign Up

 and 

This is the hidden content, please

• Sign In
• or
• Sign Up

 have capacity for 714 million barrels (113,500,000 m³).

This is the hidden content, please

• Sign In
• or
• Sign Up

 The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 

This is the hidden content, please

• Sign In
• or
• Sign Up

, to mitigate future supply disruptions.

The current inventory is displayed on the SPR's website.

This is the hidden content, please

• Sign In
• or
• Sign Up

 As of September 4, 2021, the inventory was 621.3 million barrels (98,780,000 m³). This equates to about 31 days of oil at 2019 daily U.S. consumption levels of 20.54 million barrels per day (3,266,000 m³/d)

This is the hidden content, please

• Sign In
• or
• Sign Up

 or 65 days of oil at 2019 daily U.S. import levels of 9.141 million barrels per day (1,453,300 m³/d).

This is the hidden content, please

• Sign In
• or
• Sign Up

 However, the maximum total withdrawal capability from the SPR is only 4.4 million barrels per day (700,000 m³/d), so it would take about 145 days to use the entire inventory. At recent market prices ($58 a 

This is the hidden content, please

• Sign In
• or
• Sign Up

 as of March 2021),

This is the hidden content, please

• Sign In
• or
• Sign Up

 the SPR holds over $14.6 billion in 

This is the hidden content, please

• Sign In
• or
• Sign Up

 and approximately $18.3 billion in 

This is the hidden content, please

• Sign In
• or
• Sign Up

 (assuming a $15/barrel discount for sulfur content). In 2012, the total value of the crude in the SPR was approximately $43.5 billion, while the price paid for the oil was $20.1 billion (an average of $28.42 per barrel).

This is the hidden content, please

• Sign In
• or
• Sign Up

[Unwoke]

45 minutes ago, LumRaiderFan said:

Never underestimate the democrats.

This guy has no regard for this country.  I sure miss Trump.

What a evil treasonous embarrassment excuse of a Fake Administration! This is  what happens when the will of the American people is stolen!