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$65 A Barrel?
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SPR Inventory Coming Down
“Davidson” submits:
There was mention of not needing as much US Strategic Petroleum Reserve as Trump took office. Looks like the current administration is taking steps to draw down the SPR, now down ~13mil BBL since the EIA March 31, 2017 report. Add this to the normal inventory volatility which occurs with the seasonal shut-down and maintenance and we have seen a total draw of 36,029,00 BBL
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