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The EIA report showed that U.S. was buying oil for the Strategic Petroleum Reserve despite rising oil prices.
Crude Inventories Decreased By 6.3 Million Barrels

Massive US Oil Caverns Sit Empty and Will Take Years to Refill
- Nation’s oil reserve is at 40-year-low after historic drawdown
- Experts say refilling will take decades, if it happens at all
On Aug. 22, about 2
The Coming Shock to the Global Monetary System½months from today, the most significant development in international finance since 1971 will be unveiled.
Goldman Sachs Warns Of An Imminent Oil Supply Shortage
According to Currie, rising demand from China and sanctions on Russian oil will contribute to the deficit, which he expects to manifest in the second quarter of this year. In response, producers will tap their spare capacity, leaving it lower than it was before. Eventually, this will lead to a serious imbalance between supply and demand.

On the morning of March 3, an unmanned aerial vehicle of the Armed Forces of Ukraine attacked a substation of the Transneft-Druzhba oil pipeline. This is reported by the Baza Telegram channel, citing a source familiar with the situation.
Telegram channels reported an attack on a substation of the Transneft-Druzhba oil pipeline by a Ukrainian UAV
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[2022] The Soviet pipeline that keeps Europe hooked on Moscow’s oil
Former President Donald Trump made a campaign stop here Wednesday, using the aftermath of a train derailment and toxic chemical spill to take shots at President Joe Biden’s handling of the crisis.
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Among the works on show will be Ai Weiwei’s photography series Study of Perspective, which sees the Chinese artist-activist raising his middle finger to pieces of architecture representing the institutional authority. One of the works the series, Tiananmen, which has been censored in Hong Kong, will also be on display. Works by the legendary designer Westwood, supported by the Vivienne Foundation, will “have a strong presence” at show, according to a/political, as well as a public program hosted by hip-hop artist and activist Lowkey. A closing music event will be held in collaboration with Shangri-La Glastonbury on April 8.
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His [Andrei Molodkin] sculptures and installations often employ materials techniques and practices common in engineering “Molodkin creates a complex mechanical system consisting of air compressors, cast-iron pumps, and plastic tubing” that pump liquids (most commonly blood and/or crude oil) around hollowed perspex replicas of sculptures and architecture, as well as politically loaded words and phrases.
–Wikipedia
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought to stop as oil prices have stabilized.
US to Sell 26 Million More Barrels From Strategic Oil Reserve
Norfolk Southern helped convince government officials to repeal brake rules — and corporate lobbyists watered down hazmat safety regs.
Rail Companies Blocked Safety Rules Before Ohio Derailment
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