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> If now wasn't the time to use the strategic oil reserve when exactly was? the strategic reserve is for times of national defense. As long as it's lowered, we
by fsckboy 4y ago
> If now wasn't the time to use the strategic oil reserve when exactly was?
the strategic reserve is for times of national defense. As long as it's lowered, we are more vulnerable to expanding threats from Russia and China, with potential disruptions to supply lines.
Otherwise, it's good for our oil prices to fluctuate with the market, things cost what they cost.
The strategic reserve is so we have ready access to oil at any price; it's not big enough to buffer very much of world market consumption.
- deleted 4y ago[deleted]
- zzzeek 4y agoif Russia is forced to abandon their efforts in Ukraine, "threats from Russia" will not be "expanding" for a good long while after that.