10 comments

  • sloaken 5 hours ago ago

    What is important to look at is what the world events are that caused it to drop over the last 10 years.

    https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W...

    To summarize the December numbers from each of the last 10 years:

    2016 695M

    2017 663M

    2018 649M

    2019 634M

    2020 638M

    2021 595M

    2022 375M

    2023 353M

    2024 393M

    2025 413M

    Today: 307M

  • dv_dt 11 hours ago ago

    reading some reports the operators of the supply were asked to evacuate pulling oil out below the levels at which the strategic petroleum reserve holding caverns could likely suffer long term damage to holding capacity

  • nikolay 15 hours ago ago

    Thank you for your attention to this matter. President DONALD J. TRUMP

  • the_real_cher 7 hours ago ago

    Are they just releasing it to keep oil prices falsely deflated or what?

    should oil prices naturally be higher?

    • sloaken 6 hours ago ago

      Yes the price would be higher without the release. Typical Supply vs Demand. Simple Economics 101.

  • gokuljs 12 hours ago ago

    wtf is wrong with trump serioulsy. This guys simple wanted to create chaos everywhere. I thought he would come and fix the economy because the previous administration messed it up. Then this guy comes and makes it even worse

    • Jeremy1026 5 hours ago ago

      Yes, Biden didn't artificially make number go up. But he definitely didn't mess up the economy. In a global look at the economy the US fared better than most other countries in what was a global downturn after the post-COVID free-money boom tailed off. But yeah, Trump has shown in the past over and over that he is definitely the person to make sure things are done financially responsibly. From his dozens of bankruptcies, known history of not paying contractors and lawyers, and his multiple lawsuits for being a slumlord. So how could you have seen this coming?

      • gokuljs 5 hours ago ago

        Dude, I did not know Trump past that much. The belief was that this guy is a businessman he will take the necessary steps to make things better. but later I Came to know fuck this all happend

        • Jeremy1026 2 hours ago ago

          So rather than doing the bare minimum amount of research into who would be leading the country for four years, you just figured "dude was a businessman, I'm sure it'll be fine."

        • ahartmetz 4 hours ago ago

          You didn't get the feeling that he was a slimy liar from the way he talked?