RE:Crude Inventories: Another way of looking at itOne thing about the SPR is less than half the stored oil now is the heavy type US refineries need.
Too much light oil is a theme now when talking about US inventories and production in general.
There is also some question about the stability of the salt caverns should they take too much oil out. I say this as someone who has no expertise on the matter (lol) though it sounds good!
The world may very well be heading to an oil market crunch - possibly sooner than we think.
BTW Suncor makes the prefferable heavy type oil