"Prices🚨are going to spike hard & soon.
1️⃣Last week,🚨the US pulled 8.6M bbl from the SPR +4.3M from commercial stocks =12.9M bbl total yanked & exported. Asian buyers:🚨took 7M for Aug dlv.
2️⃣US #gasoline stks:🚨already well below the 5-yr average... right before summer driving season.
3️⃣We're🚨draining our reserves to temp suppress global prices while the SOH situation accelerates real shortages.
System:🚨running on borrowed time (& borrowed oil).
#Economy #Recession #USPol
https://peakprosperity.com/the-us-is-exporting-like-mad-as-global-oil-stocks-deplete-at-a-record-pace/
