Chevron Message Board - Msg: 33888415

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Gold/Mining/Energy : Chevron

CVX 155.19

+0.7%

3:59 PM EDT

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From: Jon Koplik	6/20/2022 12:28:12 AM
	of 119

Bloomberg -- US Depleting Strategic Petroleum Reserve Faster Than It Looks .............................. bloomberg.com or : archive.ph if you have trouble with the first link. Excerpt : <<<<< If Washington sticks to its current pace, the reserve will shrink to a 40-year low of 358 million barrels by the end of October, when the releases are due to stop. A year ago, the SPR, located in four caverns in Texas and Louisiana, contained 621 million barrels. As the oil market looks today, it’s difficult to see how Washington can halt sales in October. >>>>> . . .

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