Foothills Exploration Inc (FTXP)

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$FTXP LAWD who knows I don’t

“”So, the US government not only sold its oil reserves, but it also decided to sell its sour crude rather than sweet.

To be clear:

The current US refinery infrastructure *requires* sour crude to operate.

This is the whole reason why despite the US being the largest oil producer in the world today, it still needs to import sour crude.

Even if there were a logical explanation to draw its strategic oil reserves, why on earth would the government sell the most critical portion of it?

If you know of a legitimate reason, I’m all ears.

Otherwise, this might have been one of the dumbest energy policy decisions ever.””

So, the US government not only sold its oil reserves, but it also decided to sell its sour crude rather than sweet.

To be clear:

The current US refinery infrastructure *requires* sour crude to operate.

This is the whole reason why despite the US being the largest oil producer… pic.twitter.com/dvhisXuxX8

— Otavio (Tavi) Costa (@TaviCosta) April 6, 2023