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> US refineries are already operating essentially at capacity A perplexing aspect is why USA provides a strategic reserve to anyone other than USA. If the answ

> US refineries are already operating essentially at capacity A perplexing aspect is why USA provides a strategic reserve to anyone other than USA. If the answer is "tactical price suppression" then let's change the branding of why USA has these reserves. If the reserves are truly strategic, then don't allow export.

deleted 4y ago
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boardwaalk 4y ago
What about "strategic" means not taking a reasonable route to the goal (keeping the price down?) Is there some sort of "branding" for strategic reserve I haven't heard of? Wikipedia seems vague enough[1] to not be contrary to this strategy. [1] https://en.wikipedia.org/wiki/Strategic_reserve https://en.wikipedia.org/wiki/Strategic_reserve
Wyoming23 4y ago
It's strategic in the sense that it maintains stability, reliability and dependability of a core necessity for the contemporary economy and society to function. If exporting crude oil that US refiners can't use anyway has the downstream impact of Americans getting the products they need (perhaps due to manufacturing overseas and ocean transport to bring those products here) then it seems like it's reasonably in the public's interest to do so.
- landemva 4y ago
  > a core necessity for the contemporary economy and society to function. I agree that petrol is fantastic. A great part of this federation of States is that if I really don't agree with the direction/taxation of an individual State then I can vote with my feet. It is disappointing that California's experiment with ending internal combustion transport, ending oil refining, and reducing nuclear electricity generation will be bailed out by lower energy prices by everyone else in USA due to the SPR. If the feds get out of commodity speculation and manipulation, the choices by California can shine on their own merits.
  - Fatnino 4y ago
    Gas in California is a buck fifty higher than the other side of the country. What are you even talking about?
teawrecks 4y ago
If they only sold barrels from the reserve to companies in the US at artificially low prices compared to the rest of the world, what would stop those companies from taking it and selling it for a profit across the border instead of passing the savings down the chain to US consumers? As far as I can tell, this is literally the only way to make such a strategy work.

deleted 4y ago

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boardwaalk 4y ago

What about "strategic" means not taking a reasonable route to the goal (keeping the price down?) Is there some sort of "branding" for strategic reserve I haven't heard of? Wikipedia seems vague enough[1] to not be contrary to this strategy. [1] https://en.wikipedia.org/wiki/Strategic_reserve https://en.wikipedia.org/wiki/Strategic_reserve

Wyoming23 4y ago

It's strategic in the sense that it maintains stability, reliability and dependability of a core necessity for the contemporary economy and society to function. If exporting crude oil that US refiners can't use anyway has the downstream impact of Americans getting the products they need (perhaps due to manufacturing overseas and ocean transport to bring those products here) then it seems like it's reasonably in the public's interest to do so.

landemva 4y ago
> a core necessity for the contemporary economy and society to function. I agree that petrol is fantastic. A great part of this federation of States is that if I really don't agree with the direction/taxation of an individual State then I can vote with my feet. It is disappointing that California's experiment with ending internal combustion transport, ending oil refining, and reducing nuclear electricity generation will be bailed out by lower energy prices by everyone else in USA due to the SPR. If the feds get out of commodity speculation and manipulation, the choices by California can shine on their own merits.
- Fatnino 4y ago
  Gas in California is a buck fifty higher than the other side of the country. What are you even talking about?

teawrecks 4y ago

If they only sold barrels from the reserve to companies in the US at artificially low prices compared to the rest of the world, what would stop those companies from taking it and selling it for a profit across the border instead of passing the savings down the chain to US consumers? As far as I can tell, this is literally the only way to make such a strategy work.