Geopolitics
US Strategic Petroleum Reserve Drops to Lowest Level Since 1983
MeidasTouch
Trump is SCARED TO DEATH as Funeral GETS PERSONAL!!!
"US crude stocks, which is in Cushing, Oklahoma, that's the strategic petroleum reserve in the United States, fell by another 6.2 million barrels in the week ending July 3rd, dropping to 319.5 million barrels, the lowest level obviously since April 1983, according to Department of Energy data reported by Reuters. Once it hits 150 million barrels, the strategic petroleum reserve literally physically collapse, as in it will not function anymore."
The US Strategic Petroleum Reserve has fallen to 319.5 million barrels, its lowest point in over 40 years, after Trump ordered the release of 172 million barrels in March. The host warns that if reserves drop to 150 million barrels, the system will physically cease to function, a threshold that could be reached within 60 days given current drawdown rates.
From this episode
MeidasTouch