Who turned the Strategic Petroleum Reserve into the Tactical Petroleum Reserve?
Using the SPR for tactical reasons is crazy, keeping just the current draining rates would drain it completely by April 2027.
now US is at record production if anything happens the released amounts might increase.
not everything is recoverable, they are getting out the best stuff that is in the best locations.
if prices increases might help shale production, which I doubt, shortages might impair heavily production which is dependent a lot on diesel and other petroleum by-products.
Your thoughts?




I believe the minimum operating level (MOL) for the SPR is 150 million barrels. For May the SPR stock decreased by 35.6 million barrels, currently the SPR is at 207 MMb above MOL, so at a rate of decrease of the past month we reach MOL in 6 months or December 2026. I agree using the SPR in this way is a mistake, much of it (or perhaps all of it) is being exported, also not smart policy.