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  3. This isn't getting enough attention.

This isn't getting enough attention.

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  • petergleick@fediscience.orgP petergleick@fediscience.org

    This isn't getting enough attention.
    The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
    Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

    ariarhythmic@ohai.socialA This user is from outside of this forum
    ariarhythmic@ohai.socialA This user is from outside of this forum
    ariarhythmic@ohai.social
    wrote sidst redigeret af
    #15

    @petergleick Going the way of Russia, I see

    1 Reply Last reply
    0
    • petergleick@fediscience.orgP petergleick@fediscience.org

      This isn't getting enough attention.
      The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
      Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

      morton@kolektiva.socialM This user is from outside of this forum
      morton@kolektiva.socialM This user is from outside of this forum
      morton@kolektiva.social
      wrote sidst redigeret af
      #16

      @petergleick When Trump was begging European countries for help in the war with Iraq, he claimed that the US had plenty of its own oil. Someone was lying.

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      0
      • roadskater@mastodon.socialR roadskater@mastodon.social

        @petergleick I saw mention of this some hours ago in an article about how the US might want to pay more attention to its dependence on Canadian oil.

        Total incompetence from the US gov exec.

        fluffykittycat@furry.engineerF This user is from outside of this forum
        fluffykittycat@furry.engineerF This user is from outside of this forum
        fluffykittycat@furry.engineer
        wrote sidst redigeret af
        #17

        @roadskater @petergleick oh shit yeah that's right that's where the other non Middle Eastern Imports came from. That was a real dumb fucking move on his part

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        0
        • petergleick@fediscience.orgP petergleick@fediscience.org

          This isn't getting enough attention.
          The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
          Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

          fettekette@mastodon.socialF This user is from outside of this forum
          fettekette@mastodon.socialF This user is from outside of this forum
          fettekette@mastodon.social
          wrote sidst redigeret af
          #18

          @petergleick something what somebody stated 23 years ago in a book
          https://en.wikipedia.org/wiki/After_the_Empire

          1 Reply Last reply
          0
          • petergleick@fediscience.orgP petergleick@fediscience.org

            This isn't getting enough attention.
            The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
            Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

            mrbranch40@mastodon.worldM This user is from outside of this forum
            mrbranch40@mastodon.worldM This user is from outside of this forum
            mrbranch40@mastodon.world
            wrote sidst redigeret af
            #19

            @petergleick

            Through the midterms.

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            • petergleick@fediscience.orgP petergleick@fediscience.org

              This isn't getting enough attention.
              The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
              Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

              infoseepage@mastodon.socialI This user is from outside of this forum
              infoseepage@mastodon.socialI This user is from outside of this forum
              infoseepage@mastodon.social
              wrote sidst redigeret af
              #20

              @petergleick Trump started a war with Iran which every analyst worth their salt said would result in Hormuz getting closed. Didn't even bother filling up the tank first.

              1 Reply Last reply
              0
              • petergleick@fediscience.orgP petergleick@fediscience.org

                This isn't getting enough attention.
                The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
                Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

                mimblewimble@mastodon.socialM This user is from outside of this forum
                mimblewimble@mastodon.socialM This user is from outside of this forum
                mimblewimble@mastodon.social
                wrote sidst redigeret af
                #21

                @petergleick Why didn't they wait until later to wag the dog?

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                0
                • roadskater@mastodon.socialR roadskater@mastodon.social

                  @petergleick I saw mention of this some hours ago in an article about how the US might want to pay more attention to its dependence on Canadian oil.

                  Total incompetence from the US gov exec.

                  bodhipaksa@mastodon.scotB This user is from outside of this forum
                  bodhipaksa@mastodon.scotB This user is from outside of this forum
                  bodhipaksa@mastodon.scot
                  wrote sidst redigeret af
                  #22

                  @roadskater @petergleick

                  As Dean Blundell wrote: "Trump is fighting a two-front war, one against Iran, with an oil reserve at a 44-year low, and one against the country that fills the reserve. The last man who tried a two-front war against people who wouldn’t quit had a bunker in Berlin."

                  It's well worth reading the whole thing.

                  (Substack scolds: I'm not interested in your purity antics.)

                  https://deanblundell.substack.com/p/you-have-no-idea-who-youre-dealing

                  1 Reply Last reply
                  0
                  • petergleick@fediscience.orgP petergleick@fediscience.org

                    This isn't getting enough attention.
                    The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
                    Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

                    haayman@todon.nlH This user is from outside of this forum
                    haayman@todon.nlH This user is from outside of this forum
                    haayman@todon.nl
                    wrote sidst redigeret af
                    #23

                    @petergleick @heuveltop Please start the y-axis at 0

                    1 Reply Last reply
                    0
                    • petergleick@fediscience.orgP petergleick@fediscience.org

                      This isn't getting enough attention.
                      The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
                      Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

                      luxmoore@mastodon.socialL This user is from outside of this forum
                      luxmoore@mastodon.socialL This user is from outside of this forum
                      luxmoore@mastodon.social
                      wrote sidst redigeret af
                      #24

                      @petergleick if they can keep the hustle going long enough they can blame the Democrats post midterms for gas prices

                      1 Reply Last reply
                      0
                      • petergleick@fediscience.orgP petergleick@fediscience.org

                        This isn't getting enough attention.
                        The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
                        Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

                        fak@cupoftea.socialF This user is from outside of this forum
                        fak@cupoftea.socialF This user is from outside of this forum
                        fak@cupoftea.social
                        wrote sidst redigeret af
                        #25

                        @petergleick it's actually somewhat worse than that. Back in March Exxon were given permission to tap the strategic oil reserve (and profit from higher prices) on the proviso that they then more than replaced it later, expecting costs to be lower (ooh, more profit for Exxon) https://www.energy.gov/articles/united-states-release-172-million-barrels-oil-strategic-petroleum-reserve

                        What will be interesting is when it gets replenished and at what cost.

                        1 Reply Last reply
                        0
                        • outofspace@berlin.socialO outofspace@berlin.social

                          @petergleick

                          How long will they be able to hold it up? Till the midterms?

                          kralcttam@mastodon.socialK This user is from outside of this forum
                          kralcttam@mastodon.socialK This user is from outside of this forum
                          kralcttam@mastodon.social
                          wrote sidst redigeret af
                          #26

                          @OutOfSpace @petergleick

                          At the current draw, it should last till the midterms, barely. The SPR has a Defense Department certified floor of ~243 million barrels. Below that floor it's not oil, but sludge. As of last week we pulled 3.7 million barrels, down to 289.7 mmb. If we keep pulling that much it will last another 12 weeks.

                          We're on track to pull maybe 19 mmb in August, or about one day of oil for the U.S. or about 3% of our oil burn.

                          https://www.spr.doe.gov/dir/dir.html

                          1 Reply Last reply
                          0
                          • petergleick@fediscience.orgP petergleick@fediscience.org

                            This isn't getting enough attention.
                            The US Strategic Petroleum Reserve is at its lowest level since 1983. Why?
                            Trump and the GOP have been selling it off to try to keep oil prices low and artificially hide the real impact of the Iran War.

                            mjack@mastodon.bsd.cafeM This user is from outside of this forum
                            mjack@mastodon.bsd.cafeM This user is from outside of this forum
                            mjack@mastodon.bsd.cafe
                            wrote sidst redigeret af
                            #27

                            @petergleick

                            This is not the behavior of an administration that cares about consequences. I wonder why?

                            1 Reply Last reply
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