[Salon] The abuse of the strategic petroleum reserve

[Chas Freeman <cwfresidence@gmail.com>]

Thomas Massie

@RepThomasMassie

The Strategic Petroleum Reserve was created to help OUR country during emergencies. But Presidents use it to stabilize fuel prices… GLOBALLY, because oil is a global market. If we use much more of it to mask the cost of wars, we risk collapsing the salt caverns that hold it.

Eric Nuttall

@ericnuttall

Jul 8

The US Strategic Petroleum Reserve is now ~19MM barrels away from estimated minimum operating levels. There very soon will no longer be a safety buffer to protect the world from further losses out of the Strait.

12:20 PM · Jul 9, 20261MViews