Congrats Exxon, Trump to the Rescue

@whowasthatmaskedman
Do you have a steady source of income with surplus for that popcorn and coke??

@sree251 Funny you should ask. Yes. I do. CPI indexed for life, with a nice little nest egg on the side. And my kids wont need to come to me for handouts. Not "rich" but my income exceeds my outgoings and always will.. Hoping you are the same..😷

@whowasthatmaskedman
I am impressed. Sounds like you have got your shit together.


Fuck yeah. I got wise at the age of 35. Got off the treadmill, gave up my career, and retired. No family, no kids, no friends, no debts, and wandering the Earth like Jesus. God gave me a pile of cash thru an inheritance from my grandfather. Like you, "not rich" but enough to live where I want anywhere in the world.

@Prison1203

The Biden administration sold over 40% of the Strategic Petroleum Reserve (SPR) in 2022-2023, reducing it to the lowest levels since the 1980s to combat high fuel prices following Russia's invasion of Ukraine POLITICO Pro.

While aimed at stabilizing energy markets, this move reduced the nation's capacity to respond to future shocks.
(POLITICO Pro.
U.S. Energy Information Administration (EIA) (.gov)
U.S. Energy Information Administration (EIA) (.gov))

Key Details on SPR Sales:

Purpose: The SPR, located in Texas and Louisiana, is intended to lessen the impact of unexpected supply reductions.

Recent Sales: The 2022 release was the largest in history to address rising oil prices Department of Energy (.gov).

Legislative Sales: Beyond emergency releases, Congress ordered sales to generate federal revenue, including 132 million barrels planned between 2017 and 2027.

Replenishment: Rebuilding the reserves to pre-2020 levels (roughly 635 million barrels) could take up to a decade, notes Congressman August Pfluger (.gov).


The SPR is a network of four underground salt caverns in the Gulf Coast region. Totaling 36 sales/releases have occurred since its creation Department of Energy (.gov).
(Department of Energy (.gov))



Did you notice!?
"Congress ordered sales to generate federal revenue, including 132 million barrels planned between 2017 and 2027."

Congress had a hand in the sell off.



Current status:

As of March 2026, the U.S. Strategic Petroleum Reserve (SPR) holds roughly 395–400 million barrels of crude oil, maintaining its lowest levels since the 1980s following massive 2022 drawdowns.
While below 60% capacity (approx. 700 million max), the Department of Energy is in the process of repurchasing oil for replenishment.

Current Status and Usage Examples:

Inventory Level: As of March 7, 2025, inventory was 395.3 million barrels.

Refilling Efforts: The DOE has issued solicitations to purchase crude oil to replenish the stocks after the record 2022 releases (almost 300 million barrels).
Usage Examples: The SPR is designed for emergencies but has been used to stabilize markets following:

2022 Ukraine Conflict: Significant drawdowns to mitigate high energy prices.

Natural Disasters: Historically used during hurricanes (e.g., Katrina 2005) to offset shipping channel closures.

Geopolitical Conflicts: Used during the 1990-91 Iraq-Kuwait crisis and 2011 Arab Spring.
Infrastructure & Distribution: The SPR consists of four underground salt cavern sites in Texas and Louisiana that connect to 24+ refineries.


Now, if the US is purchasing oil in order to replenish the SPR, would it be better to purchase oil at $80 per barrel, or now over $100 due to Trump's stupid war?

You know the answer to that.
Trump has no clue and you're paying for it like the rest of us.

@JSul3 I don’t mind paying more because of what Trump is doing, making the world and America a safer place to live and freeing millions of Iranian people thst were being oppressed, and blacks in America say they are oppressed, they have no clue what it means

@Prison1203 Happy to know you are affluent enough to absorb the rising costs....riding costs of more than just gasoline.

Front The Hill Morning Report today:

Trump has said he expects the price hikes will be short-term effects and the American people will be willing to manage through them amid the conflict. He has also floated the possibility of the U.S. providing Navy escorts for oil tankers passing through the Strait of Hormuz, while the U.S. has offered to provide reinsurance for losses up to $20 billion in the Gulf region to boost confidence in oil and gas.



So Trump is now taking $20 billion dollars of our tax money to cover losses by those nations daring to pass through the Strait of Hormuz.....money that could provide healthcare and housing to Americans.

@whowasthatmaskedman
China and Japan are getting nervous apparently. If the Strait of Trump remains blocked for another week, they're already talking about gas rationing. Just thought I'd give you a heads up in case there's a run on jerry cans in your region.