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We should start reducing oil consumption before inventories fall to record lows

Posted on 5/29/26 at 5:04 am
Posted by C
Houston
Member since Dec 2007
28260 posts
Posted on 5/29/26 at 5:04 am
Exxon executives joined other large oil bodies warning of record low inventories

LINK

Trump and other leaders should start pushing work from home and other behavior changes to reduce demand until inventories recover. Waiting until the price starts to rise again before responding will show lack of leadership.


Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139277 posts
Posted on 5/29/26 at 5:23 am to
quote:

Trump and other leaders should start pushing work from home and other behavior changes to reduce demand until inventories recover.
15 Days to Stop the Dread?
Posted by Gee Grenouille
Member since Jul 2018
8120 posts
Posted on 5/29/26 at 5:45 am to
quote:

Trump and other leaders should start pushing work from home and other behavior changes to reduce demand until inventories recover.


This seems like such a common sense thing to curb demand, and yet people get downvoted into oblivion every time they suggest it. I’m sure the oil lobby is radically against it.
Posted by demtigers73
Member since Aug 2014
6121 posts
Posted on 5/29/26 at 5:51 am to
This will be over in two weeks!

Posted by Nosevens
Member since Apr 2019
19527 posts
Posted on 5/29/26 at 5:54 am to
Low inventories have nothing to do with peak oil. Low inventories of SPR has to do with releasing oil in times that showed political weakness.
Posted by CaptEasy
Panama City Beach
Member since Feb 2018
696 posts
Posted on 5/29/26 at 5:55 am to
‘Working” from home is such a crock of shite
Posted by Trevaylin
south texas
Member since Feb 2019
11090 posts
Posted on 5/29/26 at 5:55 am to
Why not just reduce export shipments to maintain the American economy and life style. Let the European carbon elimination nazi's go without
Posted by C
Houston
Member since Dec 2007
28260 posts
Posted on 5/29/26 at 6:09 am to
It’s a short term issue but it’s an issue that’s going to carry to midterms when everyone is paying $6-$10 for a gallon.

I’m not saying it should be mandatory and not saying people shouldn’t take vacation. Driving is still way cheaper than other modes of transport. But you rarely see big oil and the IEA agree on inventories. If they’re saying it’s a problem then it’s a problem.
This post was edited on 5/29/26 at 7:46 am
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82519 posts
Posted on 5/29/26 at 6:14 am to
Well then you should support these high prices because they act as a natural rationing function.
Posted by KingOrange
Mayfair
Member since Aug 2018
13306 posts
Posted on 5/29/26 at 6:14 am to
Hey C I give you an F on this post.
Posted by Nosevens
Member since Apr 2019
19527 posts
Posted on 5/29/26 at 6:19 am to
More oil is being produced now in America than ever before, and much more production is possible. Storage capacity is related having for turbulent conditions, panic is not turbulent conditions. This 6-10 dollar nonsense is a sign that panic has already begun seeping into your world.
Posted by RedSoloSpitCup
Sweet Home Alabama
Member since Jan 2020
25 posts
Posted on 5/29/26 at 6:22 am to
quote:

Trump and other leaders should start pushing work from home


Anyone who can work from home is on the front lines of being replaced by AI, so if you want to play that hand, go for it.

I wondered why companies were so adamant about people returning to the office. The tinfoil hat crowd said it was over commercial real estate, but there are two things that are proving to be true:

1) Overall productivity went down with WFH. If it went up, there wouldn't have been a push to return to the office.
2) AI is going to replace the majority of jobs that can be done sitting in your pajama pants. Companies wanted to evaluate which of their employees have the interpersonal skills to do something else.
Posted by VoodooGlowSkull
Member since Aug 2024
104 posts
Posted on 5/29/26 at 6:27 am to
quote:

Driving is still way cheaper than other modes of transport.


I'm in Miami right now. It's cheaper to fly here than drive my truck from Louisiana. I flew Southwest which was not terrible but not great.
Posted by Rip Torner
Member since Jul 2023
2525 posts
Posted on 5/29/26 at 6:33 am to
10$ a gallon lol sure thing chief
Posted by lake chuck fan
Vinton
Member since Aug 2011
23891 posts
Posted on 5/29/26 at 6:41 am to
quote:

It’s a short term issue but it’s an issue that’s going to carry to midterms when everyone is paying $6-$10 for a gallon



Please Nostradamas, explain how you know this......

I find it amazing how some folks continually predict Trump's "demise" or how his strategies will all come crumbling down, yet these predictions NEVER come to pass.
Trump still has time left to deal with Iran and oil prices drop before mid terms.
Posted by Jacherse
Member since Jul 2021
481 posts
Posted on 5/29/26 at 6:42 am to
I hope your self-lobotomy was every bit as painful for you as it is for us.
Posted by Pragmatist2025
Member since Jun 2025
1102 posts
Posted on 5/29/26 at 6:43 am to
quote:

pushing work from home and other behavior changes
You forgot social distancing and wearing a mask in your vehicle alone.
Posted by C
Houston
Member since Dec 2007
28260 posts
Posted on 5/29/26 at 6:46 am to
quote:

Well then you should support these high prices because they act as a natural rationing function.


It won’t be rational as local govt have enacted price gouging policies. These will enable runs on stations (eg consider the stupidity that led to runs on toilet paper. ) which will further drive shortages which will lead to more hoarding and panic. Right in the middle of peak summer driving season and Fourth of July holidays. It will be a shite show.
Posted by Dustydubs
Member since Mar 2020
493 posts
Posted on 5/29/26 at 7:15 am to
If you can “work from home” AI can easily replace you. I’d be real careful with that “work from home” nonsense.
Posted by j1897
Member since Nov 2011
4661 posts
Posted on 5/29/26 at 7:35 am to
quote:

Low inventories of SPR has to do with releasing oil in times that showed political weakness.


He isn't talking about the SPR you dingus. Read more.
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