Oil Crisis INCOMING? Why US Reserves Are At RISK!!

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Useful Links

Strategic Release: https://www.cnbc.com/2022/03/31/oil-markets-us-strategic-petroleum-reserve.html
Continue Tapping SPR: https://www.reuters.com/markets/us/crude-us-emergency-reserve-falls-lowest-since-oct-1984-2022-09-12/
What’s Holding Back: https://www.forbes.com/sites/rrapier/2022/03/11/what-is-holding-back-us-oil-production/?sh=929ff836b6f6
Empty by 2023: https://twitter.com/AdrianNormanDC/status/1577747944735854592
Biden Tapping: https://twitter.com/davidshepardson/status/1577682114887270401
Killing Keystone: https://www.forbes.com/sites/davidblackmon/2022/03/10/why-bidens-killing-of-keystone-xl-was-a-big-energy-blunder
Sale From SPR: https://www.reuters.com/markets/commodities/us-sell-32-mln-bbls-mostly-sour-crude-4-spr-sites-2021-11-25/
Oil Went Negative: https://www.reuters.com/business/energy/oils-journey-worthless-pandemic-100-barrel-2022-02-24/
China Fill SPR: https://www.reuters.com/business/energy/china-talks-with-russia-buy-oil-strategic-reserves-bloomberg-news-2022-05-19/

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– TIMESTAMPS –
0:00 Intro
0:41 What is SPR?
3:52 Biden Taps The SPR
6:00 Oil Under Investment
9:53 Opec Hits Back
14:17 My Thoughts

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Disclaimer

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#SPR #Oil #opec #saudi #Russia