Strategic Suicide Reserves replenished…
This is also where ideology starts to meet the laws of physics. No ideology can survive ultimate reality.
‘US crude inventories fell by far more than expected. 6.3 million barrels versus 2.1 million expected.’
Strategic Petroleum Reserves (SPR) now stand at lowest since 1983. It now holds just 46 days of supply, by far the lowest on record.
In May 2020, before SPR depletion began, it held a record 92 days supply.
Historical average is 65 days of supply.
We are now 50% below the peak and 29% below the average.
(The Kobeissi Letter)
History Recap: It was in reality, stratospherically high oil prices in 2005 which targeted and blew up the weakest points of the US housing market in 2008 (subprime). Remember, $148 is the target to beat. The story did not begin with the 2008 GFC, it began years before when conventional oil peaked and a world awash with fiat debt, led to enormous price rises in oil. Those who can’t afford to live get wiped out first. They were already struggling to live during the best of times taking on debts and mortgages they couldn’t possibly afford. They had an inability to live within their temperamental (character) means.
“Joe Tzu” the creepy old man, the woke legend ‘elected’ on little but Trumpian ‘mass hysteria’ that managed to wipe modern civilisation off the map.
Biden Crime Syndicate won’t be doing much Empire without oil that’s for sure. A cataclysm approaches and this is on him, his handlers.
1. Goodbye Empire
2. Goodbye United States
3. So long Rome 2