Happening faster than projected a month ago. This is a byproduct of Big Brain Trump pushing for expedient exports of soon to be scarce oil.
Before the war started, the US had ~415mb of oil in the SPR. So far, ~133mb have been “leased” for May, June, and July deliveries. SPR All-time low in 2023: ~347mb. New ATL coming: ~282mp.
Sour down ~6.1mb to 231.9mb, sweet to 142,2 mb.
🚨 RECORD weekly SPR draw.
US SPR crude inventories: -9.9mb w/w → now at 374.2mb
— Sour: -6.1mb → 231.9mb
— Sweet: -3.9mb → 142.2mb
The 43-year low of 347mb is now 27mb away.
At this pace — 3 weeks.
The clock is no longer ticking. It’s sprinting.#OOTT https://t.co/221jgwzBr1— Qasem Al-Ali (@AlaliQasem) May 18, 2026
🎥 “Wall Street Has No Concept oSweet down ~3.9m— MacroEdge (@MacroEdgeRes) May 18, 2026
Markets Are Sleepwalking Into an Oil Shock
Former Goldman Sachs commodities chief Jeff Currie says markets are treating a deepening global oil deficit like a routine price fluctuation, even as inventories rapidly drain… https://t.co/SEojtkzpBr pic.twitter.com/8mgBXlzpIF
— Drop Site (@DropSiteNews) May 18, 2026
I worked with a very nice jewish guy from nyc back in the 90’s and he was the first person i heard remark about israel saying that it’s existence is proof that terrorism works. I didnt even grok what he said for a long time because it was so counter to my programming. Although he wasnt saying terrorism is wrong, he was just remarking that it is effective
Much of the easy to access oil fields are depleted, though very large fields remain untapped. They remain untapped because they are difficult and expensive to access. Oil companies require at least $100 a barrel to make a profit. Shit pants doesn’t care about inflation or the fuel prices or Americans for that matter. His economy is based on the stock market and how profitable the monopolized greedy International American corporations can manipulate and steal the worlds minerals with shit pants leading the way. It’s hidden in the fictitious claim of national security to use/rob/steal everyone else’s minerals before we tap our own and they make huge profits doing so. Ideally, they want oil prices to remain high.