« previous next »
Pages: [1]   Go Down

Author Topic: How Long Will the U.S. Strategic Petroleum Reserve Last?  (Read 806 times)

0 Members and 1 Guest are viewing this topic.

Online Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 21,248
  • Gender: Male
How Long Will the U.S. Strategic Petroleum Reserve Last?
« on: March 31, 2022, 01:21:06 pm »
How Long Can the SPR Last?
So the question remains, how long would the SPR last the United States in the case of a full drawdown? Though the Strategic Petroleum Reserve has proven to be a reliable safeguard against short-term crises, it's hard to imagine a situation so catastrophic that the United States would simply run out of oil.

If the president must order an emergency sale of SPR oil, it can be pumped at a maximum rate of 4.4 million barrels per day for up to 90 days. Afterward, the drawdown rate declines to 3.8 million barrels per day for another 30 days. The rate drops again for up to 180 days until the stock is depleted.

However, if the president chooses to release it at 1 million barrels per day, the current stock (again as of March 4 it was 577.5 million barrels of oil) would last for about a year-and-a-half. But given the United States consumed an average of about 18.19 million barrels of petroleum per day in 2020, 1 million barrels per day won't go very far.

https://science.howstuffworks.com/environmental/energy/us-oil-reserves-last.htm?utm_source=facebook&utm_medium=social&utm_campaign=hsw-owned&utm_content=science&fbclid=IwAR1Fc-I1rrP6UZd2Ks3t1XVsr9AlOis0G2mmkf7Xj1L4LpPZpr7UDK6dyeI
Logged
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline Fishrrman

  • Hero Member
  • *****
  • Posts: 14,334
  • Gender: Male
  • Dumbest member of the forum
Re: How Long Will the U.S. Strategic Petroleum Reserve Last?
« Reply #1 on: March 31, 2022, 06:10:27 pm »
Fishrrman almost-fearless prediction:
The dem-communists will keep drawing it down (ostensibly to "lower" crude oil prices) until it's nearly empty. With luck, they'll leave it around 25% of capacity...
Logged

Online Cyber Liberty

  • Coffee! Donuts! Kittens!
  • Administrator
  • ******
  • Posts: 62,017
  • Gender: Male
  • 🌵🌵🌵
Re: How Long Will the U.S. Strategic Petroleum Reserve Last?
« Reply #2 on: March 31, 2022, 08:41:13 pm »
Under Shortbus Joe?  It's gone, already sold to China.
Logged
For unvaccinated, we are looking at a winter of severe illness and death — if you’re unvaccinated — for themselves, their families, and the hospitals they’ll soon overwhelm. Sloe Joe Biteme 12/16
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed:

Offline Right_in_Virginia

  • Hero Member
  • *****
  • Posts: 83,654
Re: How Long Will the U.S. Strategic Petroleum Reserve Last?
« Reply #3 on: March 31, 2022, 08:46:40 pm »
Logged

Offline libertybele

  • Cat Mod
  • *****
  • Posts: 64,998
  • Gender: Female
Re: How Long Will the U.S. Strategic Petroleum Reserve Last?
« Reply #4 on: March 31, 2022, 09:21:16 pm »
Logged
Pages: [1]   Go Up
« previous next »