ENER The entire US 1 million barrel Northeast Gasoline Supply Reserve will be required to be sold and closed in fiscal 2024

[tech]

Gasoline blendstock is not the same as gasoline.

 

[Profit of Doom]

Save plastic and distill it back into oil.

Using solar to power the defineries?

 

[Profit of Doom]

The strategic gasoline reserve was established in 2014 and presumably filled in late 2014 or early 2015 to stabilize supplies in the N.E. due to weather and other disruptions. It was an Obama directive.

Admittedly, I don't know the particulars of how the reserve was managed or needed to be managed but it would definitely have to be managed, and it would be expensive to do. I do know that stored gasoline is no good after about a year; could maybe stretch it another year with some Stabil- but 10 years? It seems to me that it would basically be useless at that point. Anyway, I'm not convinced that getting rid of it is such a bad idea, especially knowing who set it up in the first place.

One obvious way to handle it would be…..rotate the stock. Put the reserve into circulation. Empty a tank, refill it.

 

[vector7]

 

[BUBBAHOTEPT]

One more Monday, one more destructive dumb-a** thing put forth by the denizens of Mordor in Northern Virginia….

 

[Elza]

To me it is obvious that a big war is coming and we are being set up to lose that war.

Take one look at our military. We were set up to lose a long time ago. TPTB are just waiting for the whistle to blow.

 

[psychgirl]

Does the rise in gold prices today play into this somehow?