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Author Topic: How Long Will the U.S. Strategic Petroleum Reserve Last?  (Read 809 times)

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Online Wingnut

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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
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Offline Fishrrman

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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...
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Offline Cyber Liberty

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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.
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Offline Right_in_Virginia

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Re: How Long Will the U.S. Strategic Petroleum Reserve Last?
« Reply #3 on: March 31, 2022, 08:46:40 pm »
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Offline libertybele

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Re: How Long Will the U.S. Strategic Petroleum Reserve Last?
« Reply #4 on: March 31, 2022, 09:21:16 pm »
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