News for hackers. Stuff that matters.
Re:Lumber Prices Slump by koolba on Monday June 06, 2022 @07:21AM (#31639090)
> yes, if only the storage was free, and the commodity easy to transport to areas where demand was.

Trump tried to do exactly that in the original 2020 COVID stimulus bill: https://www.cnbc.com/amp/2020/03/26/us-suspends-plans-to-buy...

Original plan was to buy $3B worth of oil at about $24/barrel to fill the strategic petroleum reserves. But the Democrats blocked it in the Senate and demanded it’s removal from the bill.

Re:Lumber Prices Slump by MafellUser on Monday June 06, 2022 @02:20PM (#31643869)
125 million barrels that's like 6 days worth of US daily consumption. It's crazy how much oil the US consumes on a daily basis.