RE:Doubt on Biden SPR plan
Question BSW, how much oil is actually remaining in the SPR reserves? It's basically like your savings account that you have for those rainy days but once you draw down all of your funds what's next? I have no idea about Canada or other countries reserve numbers but in regards to Bidens plan to release 180 million barrels equals less than 2 days of the worlds consumption, 2 days. There has to be a safe guard for each country when the levels reach a certain point and SPR release will eventually end for national security reasons.