Crude prices are falling like a freaking stone today...
Because Brandon is supposedly looking at tapping the ever loving hell out of the strategic petroleum reserve....
Upwards 1 million barrels a day for several months.
https://www.cnbc.com/2022/03/31/oil-markets-us-strategic-petroleum-reserve.htmlOf course, let's NOT address the problem of global production shortfalls by making it easier for US producers to actually *expletive deleted*ing produce oil...
And, given that the SPR only holds about 715 million barrels of oil, and right now it's well off it's capacity (as of 4 December is was down to about 550 million barrels...
Well, you do the math.
What's even more interesting is that there's no word of what Brandon's plan is to replenish the reserve. Of course, we can't do that, because fossil fuel is bad!
Christ, this has absolute disaster written all over it, and I hope the Republicans go to town on this decision.