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Oil Market Update Report & Live Q&A | Rory Johnston
Hidden Forces
The Main Value of the S P R, Isn't the Capacity, Right?
The s p r now is down to a level that we haven't seen since the eighties. We've never really filled it up, and it's kind o just sat there en we kind ooe filled it up through the late seventies, into the eighties and into the nineties. Youve had minor drawdowns for things like hurricanesd and, you know, some conflicts, et cetera. But thy'veaways been minor. And i think that's hopefully what we'll, what we'll see going forward.
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