2292 Chanel Rion OAN: #BREAKING: US Energy Secretary Dan Brouillette announces he has been authorized to expand the Strategic Petroleum Reserves to 1 billion barrels. (mobile.twitter.com) SUPER ELITE posted 359 days ago by 4moreyears 359 days ago by 4moreyears +2292 / -0 148 comments share 148 comments share save hide report block hide child comments Comments (148) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 81 ▼ – Wheredidiputit 81 points 359 days ago +83 / -2 There's only so much storage capacity. Oil has a shelf life of about 3 years in refineries. Longer if stored in salt caverns. permalink save report block reply ▲ 158 ▼ – dickwagger 158 points 359 days ago +159 / -1 The longer Trump is in office the more Salt will be produced....so we're fine with storage :) permalink save report block reply ▲ 63 ▼ – slangin_paint 63 points 359 days ago +63 / -0 ^did the math permalink parent save report block reply ▲ 28 ▼ – deleted 28 points 359 days ago +29 / -1 ▲ 22 ▼ – deleted 22 points 359 days ago +22 / -0 ▲ 3 ▼ – ClumsyChef 3 points 359 days ago +5 / -2 NEY SIR! YOU'VE DONE NO SUCH THING! HARUMPH!!! permalink parent save report block reply ▲ 12 ▼ – deleted 12 points 359 days ago +12 / -0 ▲ 8 ▼ – godemperortttrump 8 points 359 days ago +8 / -0 LOL gold permalink save report block reply ▲ 48 ▼ – RIPIsaacKappy 48 points 359 days ago +49 / -1 salt caverns That's how I'll refer to Blue states from now on. permalink parent save report block reply ▲ 11 ▼ – deleted 11 points 359 days ago +11 / -0 ▲ 5 ▼ – NotaRussian_Bot 5 points 359 days ago +5 / -0 Bugmen permalink parent save report block reply ▲ 8 ▼ – FiDollaMilkshake 8 points 359 days ago +8 / -0 SO sweet + spicy, imma have it for lunch... permalink parent save report block reply ▲ 3 ▼ – Wheredidiputit 3 points 359 days ago +4 / -1 hahahahahaha permalink parent save report block reply ▲ 19 ▼ – WowStrongWinning 19 points 359 days ago +19 / -0 Why not just FIFO the inventory then? permalink parent save report block reply ▲ 7 ▼ – deleted 7 points 359 days ago +7 / -0 ▲ 2 ▼ – deleted 2 points 359 days ago +2 / -0 ▲ 15 ▼ – Mr_Clit_Beastwood 15 points 359 days ago +16 / -1 So crude oil can sit in the ground for 300 million years, but as soon as we pump it out it expires in three? permalink parent save report block reply ▲ 16 ▼ – Wheredidiputit 16 points 359 days ago +17 / -1 yes. there's a lot of volatile hydrocarbons that react to light, oxygen, etc and can degrade once exposed. permalink parent save report block reply ▲ 5 ▼ – outsideop 5 points 359 days ago +5 / -0 *volatility = value permalink parent save report block reply ▲ 1 ▼ – bahhumbugger 1 point 359 days ago +4 / -3 Utter nonsense permalink parent save report block reply ▲ 3 ▼ – 1776-or-1984 3 points 359 days ago +3 / -0 username checks out, YUGELY permalink parent save report block reply ▲ 1 ▼ – Wheredidiputit 1 point 358 days ago +1 / -0 just reporting what I read about it. permalink parent save report block reply ▲ 4 ▼ – wakadon 4 points 359 days ago +4 / -0 I am pretty sure people are confusing this with gasoline which will polymerize over time. Oil is refined and you can crack it to make more lights and oil from different areas has different composition. permalink parent save report block reply ▲ 2 ▼ – jgardner 2 points 359 days ago +2 / -0 (There's a rumor that oil is actually created by the heat and pressure in the earth's crust and it bubbles up to near the surface.) permalink parent save report block reply ▲ 5 ▼ – wethedownvoted 5 points 359 days ago +5 / -0 abiogeneic petroleum origin, if someone wants to look it up permalink parent save report block reply ▲ 13 ▼ – deleted 13 points 359 days ago +13 / -0 ▲ 8 ▼ – doodaddy 8 points 359 days ago +8 / -0 Selling it hurts the oil industry, but maybe. More like reserve it for emergencies and war time situations. permalink parent save report block reply
There's only so much storage capacity. Oil has a shelf life of about 3 years in refineries. Longer if stored in salt caverns.
The longer Trump is in office the more Salt will be produced....so we're fine with storage :)
^did the math
NEY SIR! YOU'VE DONE NO SUCH THING!
HARUMPH!!!
LOL gold
That's how I'll refer to Blue states from now on.
Bugmen
SO sweet + spicy, imma have it for lunch...
hahahahahaha
Why not just FIFO the inventory then?
So crude oil can sit in the ground for 300 million years, but as soon as we pump it out it expires in three?
yes. there's a lot of volatile hydrocarbons that react to light, oxygen, etc and can degrade once exposed.
*volatility = value
Utter nonsense
username checks out, YUGELY
just reporting what I read about it.
I am pretty sure people are confusing this with gasoline which will polymerize over time. Oil is refined and you can crack it to make more lights and oil from different areas has different composition.
(There's a rumor that oil is actually created by the heat and pressure in the earth's crust and it bubbles up to near the surface.)
abiogeneic petroleum origin, if someone wants to look it up
Selling it hurts the oil industry, but maybe. More like reserve it for emergencies and war time situations.