Originally Posted by
Name User
The SPR drawdown will end in July.
Would have helped if an administration hadn't drawn down the SPR going into an election in an attempt to "buy" votes.
There was a way to do this - had the US moved years ago to reduce demand on oil products (ie more EVs like China is doing) this war was doable. The issue is, just like always, the US government operates in knee-jerk mode and does little long term planning (again, like China).
Another way to do this would have been not to go to "war" with the fossil fuel industry .......it seems California policy led to a uniquely disadvantaged position.
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Originally Posted by
Trip7
From the article...."...And it doesn’t help that two of the state’s major refineries closed in the past six months, cutting off almost one-fifth of its fuel-making capacity. Even if the strait reopens soon, its closure has already withheld at least 1 billion barrels from the global market, analysts say. ...
and...
"We are doing everything we can to meet our supply obligations there,” Wirth said. “But it does point out the vulnerabilities that have been created in California as a result of decades of poor energy policy.”