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☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) M to United States | News & Politics@lemmy.mlEnglish · 8 months ago

US to release 172 million barrels of oil from strategic petroleum reserve

www.reuters.com

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US to release 172 million barrels of oil from strategic petroleum reserve

www.reuters.com

☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) M to United States | News & Politics@lemmy.mlEnglish · 8 months ago
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  • bruhbeans ( bruhbeans@lemmy.ml ) 
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    8 months ago

    That’s as much as we burn in 9 days BTW https://ycharts.com/indicators/us_oil_consumption

    • ☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) OP
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      8 months ago

      yeah not really a solution

  • besbin ( besbin@lemmy.ml ) 
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    8 months ago

    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.

    • ☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) OP
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      8 months ago

      Exactly, and once the reserves run dry there’s not going to be an easy way to refill them after either.

    • eldavi ( eldavi@lemmy.ml ) 
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      8 months ago

      … 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.

    • IAmYouButYouDontKnowYet ( IAmYouButYouDontKnowYet@reddthat.com ) 
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      8 months ago

      deleted by creator

  • Che Banana ( The_Che_Banana@beehaw.org ) 
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    8 months ago

    It’s for the shareholders to keep costs down, prices for the unwashed masses won’t go down.

  • grimpy ( grimpy@lemmy.myserv.one ) 
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    8 months ago

    releasin’ the Fraken

  • GameOverFlow ( GameOverFlow@lemmy.zip ) 
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    8 months ago

    Of course, to sell it now gives a lot of money. 

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