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Re: PressAnyKey- post# 14034

Tuesday, 04/11/2023 5:21:31 PM

Tuesday, April 11, 2023 5:21:31 PM

Post# of 14205
$FTXP be sure to snap some pics next to the Blarney Stone $FTXP….




6m Accumulation : 4,532,429,120 shares

Ya plastic wingnuts…….

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52-Week High 0.0007
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The administration initially had planned to replenish the reserve by buying back crude on the open market when prices reached $67 to $72 per barrel. It reiterated those plans as recently as December.

U.S. oil prices, based on the country's West Texas Intermediate (WTI) crude benchmark, have plunged below $70 per barrel from $80 per barrel in the past two weeks amid rising uncertainty in the U.S. banking system.
5
Repurchasing the oil at $70 per barrel would net the U.S. government $4.8 billion.

Nevertheless, the Energy Department appears to be maintaining the SPR at its lowest level since 1984.
6
The reserve currently contains 372 million barrels—almost half as much as its all-time high of 727 million barrels in 2010


https://www.investopedia.com/us-to-take-years-to-refill-its-strategic-petroleum-reserve-7371003
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