Military Strikes on Iran Imminent

baltimorened

All-Conference
May 29, 2001
4,249
3,133
113
Yeah, read something about it being because the oil is already in tankers ready to be delivered more quickly than if we released anything from the SPR. I don't disagree with the move since they're gonna need to do SOMETHING to deal with a quarter of the world's O&G being in limbo with the SoH being blockaded, but you'd think we'd have stocked up the SPR/prepared to release more from it prior to engaging with Iran.
you're right. They should have planned a little better. I've been surprised we haven't bombed anyplace capable of delivering missiles into the strait back to the stone age
 

LafayetteBear

All-American
Nov 30, 2009
32,667
8,192
113
I gave you a like for posting this. We can always depend on you to give us foreign and anti-american twitter posts.
That billionaire al Habtoor has been among those supporting Trump's Board of Peace and Trump in general. But his country is now suddenly in the middle of these hostilities through no fault of its own. The removal of Khamenei is probably a good thing (I'd say positively a good thing, but we still don't know what kind of government will succeed him), and eliminating Iran's ability to initiate military attacks and block shipping traffic through the Strait of Hormuz is also a good thing. But this war will also have some negative consequences. It is not anti-American to point them out, as al Habtoor just did.
 
  • Like
Reactions: fatpiggy and dpic73

LafayetteBear

All-American
Nov 30, 2009
32,667
8,192
113

Maybe, maybe not. I am not inclined to believe anything that comes from Israel's (aka Netanyahu's) propaganda machine. He has every incentive to come up with anecdotes like this one. PIC has every incentive to ballyhoo it, whether it is true or not.. ("Minutes before they were gonna be launched, I tells 'ya!!" That's akin to PIC telling us that every time he obliterated a fast boat in the Caribbean, he saved 25,000 American lives. ) They're wholesale prevaricators.
 
  • Like
Reactions: fatpiggy

JohnHughsPartner

All-American
Nov 19, 2016
3,362
5,777
113
Maybe, maybe not. I am not inclined to believe anything that comes from Israel's (aka Netanyahu's) propaganda machine. He has every incentive to come up with anecdotes like this one. PIC has every incentive to ballyhoo it, whether it is true or not.. ("Minutes before they were gonna be launched, I tells 'ya!!" That's akin to PIC telling us that every time he obliterated a fast boat in the Caribbean, he saved 25,000 American lives. ) They're wholesale prevaricators.
Cool
 

LafayetteBear

All-American
Nov 30, 2009
32,667
8,192
113
I'm looking forward to PIC announcing the release of a shiat ton of petroleum from the U.S. strategic oil reserve. You know, just the very thing that he and innumerable MAGAs excoriated Biden for doing, even as Biden restocked the reserve at a price FAR lower than the price for which it was sold and distributed when it was released.
 

baltimorened

All-Conference
May 29, 2001
4,249
3,133
113
That billionaire al Habtoor has been among those supporting Trump's Board of Peace and Trump in general. But his country is now suddenly in the middle of these hostilities through no fault of its own. The removal of Khamenei is probably a good thing (I'd say positively a good thing, but we still don't know what kind of government will succeed him), and eliminating Iran's ability to initiate military attacks and block shipping traffic through the Strait of Hormuz is also a good thing. But this war will also have some negative consequences. It is not anti-American to point them out, as al Habtoor just did.
can't solve a problem if you won't or can't recognize there's a problem. And for trump, any ally's criticism might be a problem...or might just be for home consumption. Time will tell
 

baltimorened

All-Conference
May 29, 2001
4,249
3,133
113
Maybe, maybe not. I am not inclined to believe anything that comes from Israel's (aka Netanyahu's) propaganda machine. He has every incentive to come up with anecdotes like this one. PIC has every incentive to ballyhoo it, whether it is true or not.. ("Minutes before they were gonna be launched, I tells 'ya!!" That's akin to PIC telling us that every time he obliterated a fast boat in the Caribbean, he saved 25,000 American lives. ) They're wholesale prevaricators.
to be honest, I believe those long range missile are shot from a vertical position. Didn't look vertical in the videos I saw. Of course, "within minutes" could mean 10, 30, 60 or more depending on your mindset
 

baltimorened

All-Conference
May 29, 2001
4,249
3,133
113
I'm looking forward to PIC announcing the release of a shiat ton of petroleum from the U.S. strategic oil reserve. You know, just the very thing that he and innumerable MAGAs excoriated Biden for doing, even as Biden restocked the reserve at a price FAR lower than the price for which it was sold and distributed when it was released.
Damn, that Biden was quite the businessman wasn't he?
 

kidmike41

All-Conference
Dec 29, 2005
2,165
4,432
113
I'm looking forward to PIC announcing the release of a shiat ton of petroleum from the U.S. strategic oil reserve. You know, just the very thing that he and innumerable MAGAs excoriated Biden for doing, even as Biden restocked the reserve at a price FAR lower than the price for which it was sold and distributed when it was released.
The reserve was never replenished, so they can’t release it
 

TigerGrowls

Heisman
Dec 21, 2001
42,906
32,120
113
I'm looking forward to PIC announcing the release of a shiat ton of petroleum from the U.S. strategic oil reserve. You know, just the very thing that he and innumerable MAGAs excoriated Biden for doing, even as Biden restocked the reserve at a price FAR lower than the price for which it was sold and distributed when it was released.
Joe Biden emptied it and dem congress has so far blocked refilling it is my current understanding of the status.
 
  • Like
Reactions: fatpiggy

PawPride

Heisman
Nov 28, 2004
52,990
10,210
113
The reserve was never replenished, so they can’t release it
The OBBA dedicated like $1.3b to replenishing the SPR. No clue why they didn’t fill it up more quickly - I’m guessing they were waiting for prices to keep dropping? Idk
Joe Biden emptied it and dem congress has so far blocked refilling it is my current understanding of the status.
That’s not true at all. We started refilling it in 2025, but not at a fast enough pace. Had nothing to do with the dem congress especially since Rs control everything right now
 

TigerGrowls

Heisman
Dec 21, 2001
42,906
32,120
113
The OBBA dedicated like $1.3b to replenishing the SPR. No clue why they didn’t fill it up more quickly - I’m guessing they were waiting for prices to keep dropping? Idk

That’s not true at all. We started refilling it in 2025, but not at a fast enough pace. Had nothing to do with the dem congress especially since Rs control everything right now
It needs to be refilled due to the dems draining it in the vain attempt to win the 24 general election. This is a fact. Republicans have refilled some but not enough imo.

 

dpic73

Heisman
Jul 27, 2005
27,982
20,624
113
Trump abandoned the Kurds after they helped us defeat ISIS at the cost of 11,000 lives and now he expects them to trust us in Iran?

THEN

NOW

1772897960099.png
 

JohnHughsPartner

All-American
Nov 19, 2016
3,362
5,777
113
Trump abandoned the Kurds after they helped us defeat ISIS at the cost of 11,000 lives and now he expects them to trust us in Iran?

THEN

NOW

View attachment 1210124

 
  • Like
Reactions: TigerGrowls

LafayetteBear

All-American
Nov 30, 2009
32,667
8,192
113
The reserve was never replenished, so they can’t release it
I hope you'll excuse me if I did not take for Gospel your ten (10) word post. Rather, I did a bit of online research, and have linked below a statement that was released by the Department of Energy on the subject in November 2024. A salient excerpt from that statement is pasted immediately below (and above the linked statement):

WASHINGTON, D.C.—The U.S. Department of Energy today announced that 200 million barrels of crude oil have been delivered, contracted at a good deal for taxpayers, an average price of $74.75. following the closure of the most recent solicitation to acquire 2.4 million barrels of crude oil for the Strategic Petroleum Reserve (SPR). This aggressive buyback strategy has resulted in the purchase of 20 million barrels more than the 180 million barrels sold under the emergency declaration authorized by President Biden in 2022 following the unpreceded Russian invasion of Ukraine.
To date, DOE has directly purchased 59 million barrels of oil for the SPR at an average price of under $76 per barrel. This is about $20 per barrel lower than the $95 average sales price for 2022’s emergency sales. In addition, DOE secured 140 million barrels by working with Congress to cancel mandated sales between FY24 and FY26, at approximately $74 a barrel. Together, this brings the total oil purchased or retained in the Strategic Petroleum Reserve (SPR) since 2022 to nearly 200 million barrels.

“With the awarding of these contracts, DOE has fully utilized all funding allocated for crude oil purchases following the sale of 180 million barrels in response to the Russian invasion of Ukraine and secured 20 million more barrels at a good price for taxpayers,” said U.S. Secretary of Energy Jennifer M. Granholm.


Here's the link to the full DOE statement: https://www.energy.gov/articles/bid...chase-strategic-petroleum-reserve-secures-200

So it appears that the DOE sold and released 180 million barrels of petroleum from the SPR at $95 per barrel, later bought back 59 million barrels at $74 per barrel, and "working with Congress to cancel mandated sales" between FY24 and FY26 totaling 140 million barrels (which would have been sold at $74 per barrel). So, at the end of FY26, barring any further purchases or drawdowns, the SPR will be about 19 million barrels ahead of where it would have been had Biden done nothing (-180 +59+140= +19).

The verbiage regarding "working with Congress to cancel mandated sales" was curious to me, so I did a bit more checking, and discovered that mandated sales of petroleum from the SPR is one mechanism federal legislators use when trying to pass budget related legislation. The income it is budgeted to provide helps offset what would otherwise be additional deficit spending. According to an informative article from E&E News, linked below, this bit of budgeting trickery found its way into several pieces of federal legislation: the Bipartisan Budget Act of 2015, the FAST Act of 2015, and the Tax Cuts & Jobs Act of 2017.

The E&E News article also indicates that the One Big Beautiful Bill allocated $1.32 billion to purchase additional petroleum to add to the SPR, and an additional $218 million for repairs and maintenance of SPR storage facilities. The repair and maintenance issue is apparently a significant one. According to the E&E News article:

The SPR is made up of four geologic sites, two along the Texas Gulf Coast and two in Louisiana. The four sites have 60 salt caverns combined — each of which is large enough to hold Chicago’s Willis Tower. Together, they had a storage capacity of up to 713.5 million barrels as of August 2024, according to the Department of Energy.

But due to the geophysical structure of the salt caverns in which the SPR is stored, storage capacity may not be quite what it once was, and refilling them is not as simple a matter as spending the money for additional new petroleum:

Siddharth Misra, an associate professor of petroleum engineering and geophysics at Texas A&M University, said in an email that withdrawing large quantities of oil from salt caverns — like those that constitute the SPR — can cause storage sites to shrink, or compact.

He said to imagine underground oil storage as giant, oil-soaked sponges. When large amounts of oil are rapidly pulled out, he said that is like squeezing the sponge dry due to stress from rocks above the storage site. A quick removal of fluid causes pressure within the reservoir wall to drop significantly and causes stress on the rock to increase as the rock above it bears down, he said.

“This compaction of the pore spaces can lead to a permanent loss of storage capacity, making it much harder to extract remaining oil and potentially causing the rock to crack under the immense pressure of the overlying layers,” Misra wrote in response to questions from E&E News. “In simpler terms, the site might not be able to hold as much oil anymore, and future extraction becomes a more difficult and less efficient process.”

The pressure on the surrounding rock when fluid is removed can also cause the barriers of the salt cavern to begin to slowly deform and squeeze inward “like a very thick, gooey Play-Doh or taffy that’s slowly moving,” Misra said.

That can put tremendous pressure on steel pipes, known as casings, that run into the cavern and carry fluids up and down into the storage site. Those pipes can get bent, be crushed or break completely by the inward push of the salt in the salt domes.

“This not only makes it harder to get oil or gas out but can also lead to dangerous failures, reducing the cavern’s lifespan and safety,” Misra wrote.


If the SPR is to function as an actual reserve, you MUST be able to withdraw petroleum from it and later replace the withdrawn petroleum. That is a work in progress, and the feds are devoting money to it. But as things currently stand, the amount of petroleum stored there is about 401 million barrels, out of an estimated capacity of 713.5 million barrels.

Here is the link to the E&E news article: https://www.eenews.net/articles/aging-caverns-imperil-trump-push-to-refill-petroleum-reserve/
 
Last edited:

LafayetteBear

All-American
Nov 30, 2009
32,667
8,192
113
Buckle up, limps


"THE LOSER OF THE MIDDLE EAST!" This senile Orange pedophile has the cognitive and emotional maturity of a second grader. (But that tracks, as they say you retreat to your infancy when you get really old.) And he puts it in all caps for the whole world to see. And you voted for him. Congratulations, JinxyPat..
 

kidmike41

All-Conference
Dec 29, 2005
2,165
4,432
113
I hope you'll excuse me if I did not take for Gospel your ten (10) word post. Rather, I did a bit of online research, and have linked below a statement that was released by the Department of Energy on the subject in November 2024. A salient excerpt from that statement is pasted immediately below (and above the linked statement):

WASHINGTON, D.C.—The U.S. Department of Energy today announced that 200 million barrels of crude oil have been delivered, contracted at a good deal for taxpayers, an average price of $74.75. following the closure of the most recent solicitation to acquire 2.4 million barrels of crude oil for the Strategic Petroleum Reserve (SPR). This aggressive buyback strategy has resulted in the purchase of 20 million barrels more than the 180 million barrels sold under the emergency declaration authorized by President Biden in 2022 following the unpreceded Russian invasion of Ukraine.
To date, DOE has directly purchased 59 million barrels of oil for the SPR at an average price of under $76 per barrel. This is about $20 per barrel lower than the $95 average sales price for 2022’s emergency sales. In addition, DOE secured 140 million barrels by working with Congress to cancel mandated sales between FY24 and FY26, at approximately $74 a barrel. Together, this brings the total oil purchased or retained in the Strategic Petroleum Reserve (SPR) since 2022 to nearly 200 million barrels.

“With the awarding of these contracts, DOE has fully utilized all funding allocated for crude oil purchases following the sale of 180 million barrels in response to the Russian invasion of Ukraine and secured 20 million more barrels at a good price for taxpayers,” said U.S. Secretary of Energy Jennifer M. Granholm.


Here's the link to the full DOE statement: https://www.energy.gov/articles/bid...chase-strategic-petroleum-reserve-secures-200

So it appears that the DOE sold and released 180 million barrels of petroleum from the SPR at $95 per barrel, later bought back 59 million barrels at $74 per barrel, and "working with Congress to cancel mandated sales" between FY24 and FY26 totaling 140 million barrels (which would have been sold at $74 per barrel). So, at the end of FY26, barring any further purchases or drawdowns, the SPR will be about 19 million barrels ahead of where it would have been had Biden done nothing (-180 +59+140= +19).

The verbiage regarding "working with Congress to cancel mandated sales" was curious to me, so I did a bit more checking, and discovered that mandated sales of petroleum from the SPR is one mechanism federal legislators use when trying to pass budget related legislation. The income it is budgeted to provide helps offset what would otherwise be additional deficit spending. According to an informative article from E&E News, linked below, this bit of budgeting trickery found its way into several pieces of federal legislation: the Bipartisan Budget Act of 2015, the FAST Act of 2015, and the Tax Cuts & Jobs Act of 2017.

The E&E News article also indicates that the One Big Beautiful Bill allocated $1.32 billion to purchase additional petroleum to add to the SPR, and an additional $218 million for repairs and maintenance of SPR storage facilities. The repair and maintenance issue is apparently a significant one. According to the E&E News article:

The SPR is made up of four geologic sites, two along the Texas Gulf Coast and two in Louisiana. The four sites have 60 salt caverns combined — each of which is large enough to hold Chicago’s Willis Tower. Together, they had a storage capacity of up to 713.5 million barrels as of August 2024, according to the Department of Energy.

But due to the geophysical structure of the salt caverns in which the SPR is stored, storage capacity may not be quite what it once was, and refilling them is not as simple a matter as spending the money for additional new petroleum:

Siddharth Misra, an associate professor of petroleum engineering and geophysics at Texas A&M University, said in an email that withdrawing large quantities of oil from salt caverns — like those that constitute the SPR — can cause storage sites to shrink, or compact.

He said to imagine underground oil storage as giant, oil-soaked sponges. When large amounts of oil are rapidly pulled out, he said that is like squeezing the sponge dry due to stress from rocks above the storage site. A quick removal of fluid causes pressure within the reservoir wall to drop significantly and causes stress on the rock to increase as the rock above it bears down, he said.

“This compaction of the pore spaces can lead to a permanent loss of storage capacity, making it much harder to extract remaining oil and potentially causing the rock to crack under the immense pressure of the overlying layers,” Misra wrote in response to questions from E&E News. “In simpler terms, the site might not be able to hold as much oil anymore, and future extraction becomes a more difficult and less efficient process.”

The pressure on the surrounding rock when fluid is removed can also cause the barriers of the salt cavern to begin to slowly deform and squeeze inward “like a very thick, gooey Play-Doh or taffy that’s slowly moving,” Misra said.

That can put tremendous pressure on steel pipes, known as casings, that run into the cavern and carry fluids up and down into the storage site. Those pipes can get bent, be crushed or break completely by the inward push of the salt in the salt domes.

“This not only makes it harder to get oil or gas out but can also lead to dangerous failures, reducing the cavern’s lifespan and safety,” Misra wrote.


If the SPR is to function as an actual reserve, it MUST be able to withdraw petroleum from it and later replace the withdrawn petroleum. That is a work in progress, and the feds are devoting money to it. But as things currently stand, the amount of petroleum stored there is about 401 million barrels, out of an estimated capacity of 713.5 million barrels.

Here is the link to the E&E news article: https://www.eenews.net/articles/aging-caverns-imperil-trump-push-to-refill-petroleum-reserve/
That was a lot of information and thank you for posting. As it indicates the oil has been purchased but won’t be fully in the tanks until the end of the year.
 

LafayetteBear

All-American
Nov 30, 2009
32,667
8,192
113

If Peter St. Dong exists and has a PhD, it must be in Stupidity. There was a little thing called the Pandemic that occurred during Trump 45's last year in office (i.e., 2020). It temporarily resulted in extremely LOW petroleum prices, as economic activity slowed to a crawl. But then, when the Pandemic eased a bit, demand for petroleum shot back up. Unfortunately, supply chains all over the world were extremely phucked up by then, and crude oil prices spiked. In addition, Russia invaded Ukraine, and that caused even more disruption to the flow of crude oil, with the result that world crude oil prices spiked even further. And that explains why Biden released (i.e., sold off) a bunch of crude oil from the U.S. Strategic Petroleum Reserve ("SPR") in 2022. The Department of the Treasury opined that Biden's doing so significantly helped in stabilizing crude oil prices. Here is what the DOE said:

This unprecedented replenishment follows the historic release from the SPR to address the significant global supply disruption caused by Putin’s war on Ukraine and helped keep the domestic market well supplied, ultimately helping to bring down prices for American consumers and businesses. Analysis from the Department of the Treasury indicates that SPR releases in 2022, along with coordinated releases from international partners, reduced gasoline prices by as much as 40 cents per gallon.

Here's a link to the DOE Report from which the above quoted paragraph was excerpted.: https://www.energy.gov/articles/bid...chase-strategic-petroleum-reserve-secures-200