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WSHazel

(722 posts)

8. The last few years have been low

Reply to MichMan (Reply #7)

Sun Mar 8, 2026, 04:13 PM

Sunday

Biden sold off 200+ million barrels when prices were high, but prior to that the balance had been been 600 to 700 million barrels since the mid 2000’s, and hasn’t dropped below 450 million barrels consistently since the mid 80’s.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=a

So why, if Trump was planning to attack Iran, wouldn’t the U.S. start buying cheap oil for months in advance? One reason could be that Trump and his friends were buying cheap oil for months in advance, and didn’t want the competition.

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Highlight:

Strategic Petroleum Reserve at lowest level in 40 years [View all] WSHazel Sunday OP

What was it at on... 2naSalit Sunday #1

It was Greg_In_SF Sunday #2

According to that chart it isn't the lowest in 40 years as the OP claims MichMan Sunday #6

the OP isn't factual... so there's that. WarGamer Sunday #10

Similar thread on DailyKos WSHazel Monday #22

Defending facts isn't the same as defending an individual. WarGamer Monday #24

Turns out I was correct to bring up this issue WSHazel Monday #25

So you're still claiming strategic reserve is at 40 year low? WarGamer Monday #28

Why didn't we load up at $50 a barrel? WSHazel Sunday #3

Why was it Greg_In_SF Sunday #4

To level out... 2naSalit Sunday #5

Why are you posting disinformation? Renew Deal Sunday #11

I provided a link going back 45 years WSHazel Sunday #12

This message was self-deleted by its author MichMan Monday #15

The link in the OP doesn't say it is "at lowest level in 40 years" as the headline states MichMan Sunday #7

The last few years have been low WSHazel Sunday #8

The headline in your OP stated it was the lowest it has been in 40 years MichMan Sunday #9

Read the data rather than attack WSHazel Sunday #13

This site is fact based MichMan Monday #16

As is my post WSHazel Monday #17

Apparently, we just disagree MichMan Monday #20

Similar thread on DailyKos WSHazel Monday #21

It has been "near 40 year lows" since 2022 MichMan Monday #23

If Trump and cronies did what I think they did with oil futures WSHazel Sunday #14

Let's try this again for the Trump defenders WSHazel Monday #18

I hadn't seen this when I made the post above WSHazel Monday #19

Luckily, other nations/groups have reserves LetMyPeopleVote Monday #26

Or Trump took the other side of the trade WSHazel Monday #27