Gas prices are still high, diesel is at a record high, and the reserve has shrunk more than 30% in six months. While the reserve held around 415 million barrels of oil in February, it now holds less than 285 million barrels of oil — lower than it has been since the early 1980s.
These rapid drawdowns of oil threaten the salt caverns’ structure, says Samantha Gross, director of the energy security and climate initiative at the Brookings Institution, a nonpartisan policy think tank. As the reserves get lower and lower, the physical facilities can get degraded, Gross says: " You can damage them by pumping too much out of them."
Exactly as I said at the beginning of the summer: they will burn the reserves until the election them immediately turn them off.
It’s a win win for them. They either lose the election and stick the Dems with a fuel crisis, or win the election and finish their dictatorship.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
We’re still a month out and we mostly stopped pulling from the reserve 3 weeks ago. The last 3 weeks the reserve dropped by less than 1 million barrels, while all summer I think we were averaging more than 5 per week.