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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1366319)	7/12/2022 3:35:02 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1578488

Wokemar, But global oil prices were reduced by all those sales. Wrong. We released about 50M barrels of oil from the SPR, which is about 7% of the 700M (approx.) total. We might release another 40-50M. The global consumption for oil is 95M barrels per day. Our recent release, which started at the beginning of this year, amounted to about half a day of global oil consumption. Over 180 days, that's about 0.2% of demand. Like I said, drops in the bucket. PooTin did not lose one ruble from our release. The only reason why oil prices are dropping now is because of recessionary concerns. Like I said before, the global economy cannot sustain high oil prices. People will cut back consumption. Governments will accelerate alternative energy programs. Producers will increase production. Brandon continues to make stupid-ass decisions. He's risking our national security just to day-trade our STRATEGIC reserves. Tenchusatsu