Re:U.S. to release oil from reserves in coordination with ot...
by LostInTheWoods on Tuesday November 23, 2021 @10:37AM
(#29319037)
To put this in perspective, US daily oil consumption is 18 million barrels. So a 50 million barrel release from the strategic reserve is less than a 3 day supply.
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Re:U.S. to release oil from reserves in coordination with ot...
by djrogers on Tuesday November 23, 2021 @11:24AM
(#29319664)
It’s not even that:
“ Of the total 32 million barrels will be an exchange over the next several months, while 18 million barrels will be an acceleration of a previously authorized sale “
So it’s a single day’s supply.