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re: Why was Israel attacked?
Posted on 10/9/23 at 2:22 am to 4LSU2
Posted on 10/9/23 at 2:22 am to 4LSU2
quote:
United States has depleted its strategic reserves
So what? Why are people so obsessed with the SPR?
Reserve Estimates
U.S. Holds Most Recoverable Oil Reserves
By Per Magnus Nysveen
OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.
Ranking nations by the most likely estimate for existing fields, discoveries and as-of-yet undiscovered fields (proved, probable. possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion.
LINK
1
Posted on 10/9/23 at 8:57 am to WildTchoupitoulas
People are obsessed with the SPR bc anyone paying attention would see how this administration has declared war from Day 1 on the US oil and gas industry. From Federal overreach by agencies like the Corps and EPA, to Federal dollars and Bloomberg bucks being funneled to NGO’s to tie up permits, have oil and gas reserves doesn’t mean much if producers are being hamstrung by over regulation and “public” opposition.
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