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Melon

(1,862 posts)

17. Plus importing 5 million.

Reply to ProfessorGAC (Reply #15)

Sun Jun 21, 2026, 06:13 PM

4 hrs ago

We are in an ok situation…globally as well.
You can see it in the pricing.
When this ends we are going to have quite a bit of excess oil in that will be reflected in price. Every small country has increased production over the last months to take advantage of the pricing in oil. UAE dropped out of OPEC to sell more. The real story is what this will do to the Middle East importance once they return fully to an over supplied market.

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What happens when our Strategic oil reserves run out ? [View all] Beachnutt Yesterday OP

Trump said four weeks dalton99a Yesterday #1

It's 17 Days At This Point ProfessorGAC Yesterday #2

EIA is reporting 8 million barrel draw per week and over 400 millions barrels on June 12. Melon 12 hrs ago #11

That's Different Than What I Found Through API ProfessorGAC 11 hrs ago #12

As I read it, API says we're drawing around 8 million barrels per week. onenote 6 hrs ago #14

I Know What I Did Wrong ProfessorGAC 6 hrs ago #15

Plus importing 5 million. Melon 4 hrs ago #17

Agreed ProfessorGAC 3 hrs ago #18

Of course he made up the number. wnylib 6 hrs ago #16

Does anyone else wonder, what is the % of Trump voters, who realize RandomNumbers Yesterday #3

The less crude that is available on the world export market, the more consumers and industry pay for energy AZJonnie Yesterday #4

Oil is not in as bad a shape as you are stating. Melon Yesterday #5

We nationalize our oil? Emile Yesterday #6

We toppled Maduro and took over Venazula. Venezuela holds the largest oil reserves in the world mitch96 Yesterday #7

Toppling Maduro and forcing some reforms down there is probably not enough to have that outcome at a large scale AZJonnie 16 hrs ago #8

That's Maduro's estimate, you understand Johonny 13 hrs ago #10

Best guess how much? Where would you get the real numbers...I'm curious. nt mitch96 6 hrs ago #13

Line go up Johonny 13 hrs ago #9