U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 6.9 million barrels in the week to June 24, according to data from the Department of Energy.
Stockpiles in the Strategic Petroleum Reserve (SPR) fell to 497.9 million barrels, the lowest since April 1986, according to the data.
About 1 million barrels of sweet crude and 6 million barrels of sour crude were released in to the market.
When does hurricane season begin?
CHART OF THE DAY: US refineries in the Gulf of Mexico (PADD3) are running the hottest for this time of the year in at least 30 years: 97.9% of their capacity running. Surreal. You can not run hardest than this. Whatever the White House says | #OOTT pic.twitter.com/NpcpkwDuBl
— Javier Blas (@JavierBlas) June 29, 2022
We’re definitely screwed on gas supplies in the US. I’ve been riding the bicycle lately just to get my legs in shape.
Imagine all the co2 being emitted right now. Look for 2035 to become the new 2030 of emissions goal reductions.
This is all part of a plan.