Suncor Energy Inc T.SU

SPR Release

[liljohnnyjoke]

Biden wants China, India, Japan etc to release reserves, everyone wants the other guy to go first. Biden probably won't if others do, so he can keep his reserves intact, as they are Strategic.

If Biden does release will we see weekly draw downs of 10Mbbls, 20Mbbls?

If SPR's are released OPEC will forego the planned 400k bbls/day increase in December, say Joe has taken care of it. Go ahead and use up USA and China reserves first before any increase in output.

[nukester]

Blast from the Past :-) The U.S. SPR appears to have been contaminted in the past with excessive levels of hydrogen sulfide, So states the junior U.S. senator from Massachusetts https://www.markey.senate.gov/imo/media/doc/Strategic%20Petroleum%20Reserve%20Contamination%20Letter.pdf I wonder if they ever scrubbed the entire reserve or do they just scrub the excess hydrigen sulfide as they