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SPR Oil Level Hits 40-Year Low as Hurricane Season Fires Up. Thanks, Brandon.
pjmedia.com ^ | 9/22/2022 | ryan ledendecker

Posted on 09/26/2022 10:06:15 PM PDT by bitt

The Atlantic hurricane season officially began on June 1. However, until now, we’ve had an eerily quiet stretch of virtually no major storm threats to the Gulf of Mexico or the U.S. mainland. However, that could soon change as “Invest 98L,” currently swirling in the southeastern Caribbean, is predicted to go tropical and potentially enter the Gulf next week as a major hurricane.

That’s a problem. Possibly a major, scary problem, because almost anytime even a moderate strength hurricane enters the Gulf of Mexico, oil production on the rigs at sea to the refineries that dot the southern U.S. Gulf Coast tends to shut down or is heavily restricted until the storm passes.

For especially ferocious storms that hit vulnerable areas in the Gulf and trigger longer work stoppages at the refineries or rigs, the U.S. Strategic Petroleum Reserve (SPR) usually makes the news headlines, as the U.S. government relies on the emergency supply of crude oil to keep the country running and to stave off high prices and panic. That’s what it’s there for — emergencies.

The U.S. government has tapped the SPR after several hurricanes in the past, including Ida, Gustaf, and, of course, Katrina.

But under the current administration, the SPR is also routinely used as a political expediency tool. President Joe Biden, in a desperate effort to bring gas prices down after they skyrocketed thanks mainly to his anti-American energy independence policies, has released and sold off hundreds of millions of barrels of oil from the SPR. It’s a cheap trick to solve energy-related political crises, especially when a major election is right around the corner.

About a year ago, the SPR levels sat well north of 600 million barrels. When the Biden administration began raiding the crude oil piggybank, the SPR’s levels steadily dropped every

(Excerpt) Read more at pjmedia.com ...


TOPICS: Culture/Society; Extended News; Government; Politics/Elections
KEYWORDS: 40yearlow; biden; bidenvoters; china; diaperjoestartsww3; gas; gasprices; hunterbiden; hurricane; petroleumreserves; politics; prc; spr; sproil

1 posted on 09/26/2022 10:06:15 PM PDT by bitt
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

and news just reported that Hunter and his chinese “secretary” were making deals with china for millions of barrels..guess where it came from...


2 posted on 09/26/2022 10:08:21 PM PDT by bitt ( <img src=' 'width=50%> )
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To: bitt

Sinopec is happy.


3 posted on 09/26/2022 11:42:29 PM PDT by rfp1234 (Comitia asinorum et rhinocerum delenda sunt.)
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To: bitt

Too bad the majority of the American people are either too ignorant or plain too stupid to understand that the long term leftist plan is to decimate every American resource in their march toward toppling these United States....once and for all. Lack of resources and production facilities will assure we never recover as a country. “Simple facts ignored invite catastrophic results” L.Star


4 posted on 09/27/2022 2:51:07 AM PDT by Qwapisking ("IF the Second goes first the First goes second" LStar)
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To: bitt

Everything is going according to plan.
.
Joementia < “Dr.” Jill < Ron Klain (with direction from Bernie Sanders) < Susan Rice < Valerie Jarrett < Barack Obama < Gearge Soros < Klaus Schwab < Satan


5 posted on 09/27/2022 3:53:17 AM PDT by twister881
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To: bitt

Yesterday I called the company that I’ve used for forty years to come fill up my heating oil (kerosene) tank. The dispatcher told me that they were out of oil and wouldn’t get any more for three weeks. Sure glad I have a little wood stove.


6 posted on 09/27/2022 4:16:09 AM PDT by ryderann
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To: bitt

#THANKBRANDON

See tagline. Ancient wisdom with significance for our present day.


7 posted on 09/27/2022 4:39:21 AM PDT by Max in Utah (A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
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To: Max in Utah

The SPR represents bigger government. Get rid of it or else require congressional approval.


8 posted on 09/27/2022 6:40:15 AM PDT by DIRTYSECRET
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To: bitt

But didn’t the great prophets of the climate change cult assure us that there would be more and worse hurricanes as a result of our carbon sins?


9 posted on 09/27/2022 8:24:27 AM PDT by The Great RJ
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