Originally Posted by
ThumbsUp
Don’t take my word for it, just look at any analysis of past SPR releases. The effects on pricing have been negligible. The 370 Mbl release in 2022 had a consensus effect of $0.20. Releasing 40 over 2 months when you consume 20 daily doesn’t make significant downward pressure on pricing.
370 Mbl? It was less than half that.