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I'm not the resident Hexbear oil understander, but I don't think you need to go very deep to understand that there's something wrong going on. Look at this picture:
The SPR is at its lowest levels since the 80's, and keeps falling, although at a lower rate. From what I could gather, there's a legal limit of 250MMBbl, which means that, effectively, the current 319MMBbl in the SPR is actually 69MMBbl (nice).
However, anything below 300MMBBl is uncharted territory, since there are structural concerns that start coming into play once you draw down to these levels. The salt caves start having structural integrity issues, and problems will start way before you reach the physical limit of 100MMBbl, under which there's no way to remove the oil from the underground salt caverns, kind of like the leftover hand soap below the tip of the tube of a soap dispenser.
One of the problems is that crude is like Turkish coffee, in that the sludge at the bottom is undrinkable. This means flow and quality are increasingly compromised the lower the SPR goes. The previous drawdown was, on average, 6MMBbl, but last week it was 3MMBbl.
Demand is probably on the rise with the recently increased military activity in Iran, which consumes a metric fuckton of jet fuel. There's also a push to lower gas prices in the US artificially. Crude oil prices are shooting up again. All of these factors seem to me like they would suggest that the drawdown should increase, not decrease. Are we going to see the SPR hitting a practical, real-life tank bottom sooner than expected?
That’s an easy fix, just pour a little water in there and you’re golden. Stupid tankies don’t know anything.
the crude oil isn't stored in tanks, so we're gonna need some salt cavies to weigh in on the matter
Shit is really gonna hit the fan
Wonder if there’s another mafia-esque contractor Trump is banking on totally fixing the structural issues for hundreds of millions of dollars
Dumb question: is it stored in individual barrels or a gaint pool of oil?
Big underground caves that may collapse if they get too low
It just fills up the salt caverns, so giant pools of oil. And the more it's drawn down, the more you risk structural damage to the caverns.
The US and Israel have had a 'if Israel ever needs oil we have to sell it to them from the SPR' deal that they've never used but kept going on paper just in case since the 70's. Netanyahu could do the funniest thing possible here
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy: