MORE gross mismanagement

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

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2024 election realities | Banking and Finance | Breaking News | World economic impacts

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October 3, 2023

According to Reuters, the US currently has just 17 days of supply left in the Strategic Petroleum Reserves (SPR).

This is roughly half the historical average of ~33 days dating back to 1990.

Meanwhile, oil prices are still almost 30% above the target price the US set to refill… pic.twitter.com/1vX5yBkTxL
— The Kobeissi Letter (@KobeissiLetter) October 3, 2023