Rigby5
Diamond Member
The release isn't because we have a shortage of oil in our market, it is countering OPEC+'s decrease in production. We are only 1.3mbd in the hole this week and non of that came from the SPR.
No, we are dumping the strategic reserves because we imposed illegal economic sanctions on Russia, causing the price of gasoline to nearly double. Dumping strategic oil dropped prices almost back down to what they were.