Oil collapse (no not that kind)

BLDGBLOG: "The U.S. Strategic Oil Reserve is a series of vast, subterranean salt caverns in four different sites in Louisiana and Texas. Many are enormous -- the average cavern holds about 10mn barrels [...] This...
https://jwz.org/b/yk48

@jwz I knew the helium reserve was a physical site. But I had a vague idea the oil reserve was virtualized or outsourced in some way. As if it were just an agreement or arrangement in which oil and refining companies would stockpile more crude than would otherwise be financially efficient.

It would be great to learn about some big American infrastructure thing I hadn't heard of before *without* the immediate follow-up of "...and it's falling apart."

@WesternInfidels I fear we’re 30 years late for that… :-/ @jwz