re: Gas prices

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As one of these sources bluntly put it, “the main point you are missing is that Trump was scared stiff by June 15 being only 60 days away from the final emptying of the world reserve oil supplies, leading to the complete destruction of Donald J. Trump. That is the only reason for his about face. If he waited much longer, he would by August 15 be so behind the eight ball that he would not be able to recover And that may happen anyway.”

The source was referring to a detailed risk assessment where the hard data points to mid-August 2026 as “the moment the U.S. must legally halt the emergency dumping. When that tap closes, the global oil supply deficit will instantly widen by millions of barrels per day, creating a world crisis.”

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Let’s summarize it. As of late May 2026, only a month ago, the SPR has been drained to 365.1 million barrels, “the lowest operational level in over 40 years.”

With the Strait of Hormuz virtually closed – including by the Trump blockade – the U.S. is currently drawing down an historic 1.41 million barrels a day (nearly 10 million barrels a week) to artificially suppress prices.

Then comes “the critical policy number to watch”. It is not “zero barrels”, but actually 243 million barrels. Why? Because the Department of Forever Wars has certified that drawing the reserve below 243 million barrels explicitly impairs the American capability to wage war.

Once again the sources refer to their analysis: at the current velocity of 1.41 million barrels a day, the U.S. would burn through its 122-million-barrel discretionary cushion in exactly 86 days.

In their risk assessment, the sources chose to point to 60 days – accounting for potential infrastructure failures or increased military consumption. That’s how we get to mid-August 2026 as the breaking point.

And that’s not all. The sources note that “prices could easily breach the historic 2008 and 2022 peaks if refined product shortages trigger cascading shutdowns across European and Asian industrial sectors. However, a multi-hundred-dollar figure like $700 is widely considered a theoretical maximum that would instantly destroy global demand and collapse the entire international financial architecture before it could ever be sustained.”

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and it now sits at 349m

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bio. I ignore him for a reason.

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