We could probably refill it in a few months, if we were back to full domestic drilling capability.
“We could probably refill it in a few months, if we were back to full domestic drilling capability.”
Well, there’s a multiple whammy there. If “we” started today, we could slightly increase production. Due to lack of prior investment for years, it would take about 5 years to really ramp production to match prior supplies, and that’s before the increase in population since then is factored in. Also 3rd World countries are increasing their energy use faster.
The lion’s share of any STR refill will be done by buying oil. We have no way to produce an extra 350 million barrels in a decade, let alone months.
That should be a first-day priority for Trump-47.
“We could probably refill it in a few months,”
At what price?
And to your second part. They aint ever gonna allow for peak production EVER.