[akira2501]

Well.. what _strategic_ goals are we accomplishing with the "strategic petroleum reserve?" To sate the world market for a few days? Or, given the OPEC view, simply provide slight downward pressure on prices for a few weeks?

[fny]

That oil was bought around $30 sold at $100-$120 and now can be bought back sub $80. It was an incredibly good trade.

[Spooky23]

Obviously the government is taking actions to attack the post COVID price shocks, and has been reasonably successful in that process.

Seems pretty strategic as $5/gallon gasoline was really hurting consumers.