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clashmoore | 4 years ago
In March of 2020 it went from 634,967,000 to a peak of 656,147,000 in July of 2020, to then fall back.
Unless I did my math incorrectly, where can we find the information about the 77M?
clashmoore | 4 years ago
In March of 2020 it went from 634,967,000 to a peak of 656,147,000 in July of 2020, to then fall back.
Unless I did my math incorrectly, where can we find the information about the 77M?
lenkite|4 years ago
You are right that it wasn't 77M barrels in 2020 - my bad. I didn't realise that Democrats had blocked funding for that proposed initiative of SPR increase. The Trump administration worked around this by reducing this to ~30 million barrels and awarding storage contracts. This appears to match your figures.
https://www.bloomberg.com/news/articles/2021-06-25/trump-s-t...
https://www.bloomberg.com/news/articles/2020-03-25/funding-t...