US announces another drawdown of Strategic Petroleum Reserve before December 1st
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26 okt 26, 12:24 UTC30 nov 26, 23:59 UTC
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PolymarketRegels
Based on official announcements of department of energy or other relevant authorities.
- President Trump authorized the Department of Energy to release 172 million barrels from the Strategic Petroleum Reserve, beginning next week.
- This will take approximately 120 days to deliver based on planned discharge rates (March 11th, https://www.energy.gov/articles/united-states-release-172-million-barrels-oil-strategic-petroleum-reserve)
- A small-ish (400 000 barrels) emergency drawdown was announced on Oct 23rd: https://www.energy.gov/articles/energy-department-authorizes-strategic-petroleum-reserve-exchange-support-fuel-supply
- Only further announcements after question creation count.
- Temporary loans of Petroleum (apparently sometimes labelled as "exchanges") count as "drawdown" as long as they result in actual reduction of the amount of stored product.
