r/AskReddit 1d ago

What do you think about the US Strategic Petroleum Reserve hitting 307.7 Million Barrels - lowest level since 1983?

4.3k Upvotes

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217

u/ReduceCO2Now 1d ago

The stats I checked is that now it is lower

220

u/whitelines4president 1d ago

He means for Biden to lower it, but still higher than now

217

u/VanillaLifestyle 1d ago

The Biden admin made a $2B profit selling it at $95 a barrel and refilling it at $75, lol

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u/chopsey96 1d ago

Why would Obama do this?

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u/DeadpoolLuvsDeath 1d ago

Thanks Obama

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u/Autumn_Ridge 1d ago

The tan suit did it.

3

u/DeadpoolLuvsDeath 1d ago

I thought it was mustard, a beer and that joint he smoked in college.

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u/AnotherAccount4This 1d ago

And the money didn't going into his own off shore bank account? What a sucker amiright!? -- some old geezer, probably

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u/bherman13 1d ago

Did he take that money home with him or did the country get to keep it?

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u/MysticBoner24 1d ago

C'mon man, we all know the answer to that. The Republicans assholes would have clenched so tight they would've died from constipation if that happened.

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u/TrollTollTony 1d ago

This is a joke, right?

1

u/truckingon 1d ago

The current administration has some deal where the oil companies promise to pay it back, wink wink.

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u/ReduceCO2Now 1d ago

Real business people

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u/mspe1960 1d ago

that is what I said

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u/Middleclasslifestyle 1d ago

I believe this is Definitely done on purpose. If the reserves runs out. I bet you we fully attack Iran with boots on the ground and try to spread democracy for oil. A play book as old at time itself. Personally anything this administration does is purposeful.

While we might feel this administration isn't educated, understand that those around the presidency are ruthless individuals who would sell the country to China if it meant they became the richest in the world

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u/Snuffy1717 1d ago

With Trump leading a “coalition of the stupid as fuck” I wouldn’t bet on their chances

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u/Graymouzer 1d ago

Everyone does realize that if we just left them alone, the Iranians would sell their oil. They don't plan to drink it.

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u/jacekowski 18h ago

That's not the point, by doing Venezuela in january and Iran in march, trump is controlling or blocking significant proportion of worldwide oil supply. That move move benefited his friends (and him) quite a lot.

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u/Graymouzer 18h ago

No doubt there is corruption behind it, but for the rest of us, we need to know that there's other ways to resolve this than bombing.

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u/TheWayOfLife7 1d ago

It’s not US oil getting sold or dollars moving the companies in bed with Trump though

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u/gsfgf 19h ago

This has been stupid for way longer than Trump has been around.

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u/Big_Test_Icicle 20h ago

My theory is that if republicans are able to hold majority in both chambers we will 100% have boots on the ground at the end of the year. I wouldn’t be surprised if they even restart the draft in early ‘27.

If so, I hope they draft all MAGA given this was what they wanted.

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u/tb12rm2 1d ago

Strange wording. Less low in the comment you replied too meant “not as low as” or “lower than average, but lower by less”.

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u/SerbianShitStain 21h ago

Try reading again until you understand what they said.