US strategic petroleum reserves have officially been depleted to the lowest level in four decades x.com/CheddarFlow/status/20872…
· 34K Views
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US strategic petroleum reserves have officially been depleted to the lowest level in four decades x.com/CheddarFlow/status/20872…
· 34K Views
@CheddarFlow SPR at 40 year lows while someone drops $5M on OTM gold calls? That's not a hedge, that's a signal. Energy policy is now a macro trade. Gold breaking out on reserve depletion tells you the market sees the backstop as spent. Watch how the dollar reacts if crude spikes.
@CheddarFlow According to the clown in the White House there is plenty of oil available though🤭🤭🤭
@CheddarFlow Until we hear they secretly brought in 100 million gallons like last month
@CheddarFlow Looks like the nation’s gas tank just hit empty, time to start carpooling with our hopes and a lot of memes. 😩
@CheddarFlow the SPR peaked at 727 million barrels in 2010; it's now under 360 million, which is roughly half and also roughly where it sat in 1983
@CheddarFlow Current reserves even lower now below 300M!!! Trump is manipulating markets, destroying US, and putting us at risk as no reserves available without risk to caverns in event of hurricanes, storms, earthquakes that knock out power!!! Trump must go!!!
@CheddarFlow My strategy analysis .! ⬇️as follows 👇 👇 👇 x.com/i/grok/share/c38df34f82e…