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BottomBounce

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BottomBounce

Re: Eng62 post# 4175

Saturday, 05/01/2021 11:31:46 AM

Saturday, May 01, 2021 11:31:46 AM

Post# of 11362
How long would the US oil reserves last?
At our current consumption rate of about 20 million barrels a day, the Strategic Petroleum Reserve would last only 36 days if we were faced with a situation where the oil had to be released all at once (however, only 4.4 million barrels a day can be withdrawn, extending our supply to 165 days).

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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