DollarVigilante (@DollarVigilante)

The US Strategic Petroleum Reserve (SPR) is at its lowest level since 1983. At the current drawdown rate of 9 million barrels per week, the Department of War minimum threshold is hit immediately. This explains the desperate, Groundhog Day "peace talks" you see on the news every other week. It's all a charade to buy time. We are still comfortably heading toward $150 a barrel oil, and if nothing changes, the absolute rock-bottom date for the entire reserve is October 4th. Most people are going to get absolutely wiped out because they're relying on Fox News, Truth Social, or CNN to tell them what's happening. #OilAndGas