this post was submitted on 12 Mar 2026
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OH WHAT A DAY! WHAT A LOVELY DAY! (hexbear.net)
submitted 2 days ago by SorosFootSoldier@hexbear.net to c/memes@hexbear.net
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[–] YellowParenti@lemmy.wtf 8 points 1 day ago (1 children)

People underestimate how MUCH oil is used daily. Our strategic oil reserves are ~415 million barrels and we use about 20.6m barrels a day.

The US Strategic Petroleum Reserve, sitting at 415 million barrels going into the crisis, was described by energy analysts at Rapidan Energy as “finite and insufficient to fully offset” the supply gap created by the Hormuz closure. Even at its maximum drawdown rate of 4.4 million barrels per day, the SPR could only cover a fraction of the estimated 11 to 16 million barrels of daily Persian Gulf supply being blocked by the effective closure of the strait.

[–] Awoo@hexbear.net 10 points 1 day ago* (last edited 1 day ago) (1 children)

Even knowing the scale of it I still had to run and re-run the numbers to make sure I wasn't being silly when I said "per minute". No really, it's genuinely that much. It's an absolutely enormous amount that's difficult to appreciate.

[–] casskaydee@hexbear.net 3 points 1 day ago (1 children)

Eh it's only like 20-50 barrels per second