thehill.com/policy/energy-environment/5928618-iran-deal-oil-reserves-g7/
President Trump said Wednesday that oil reserves could have run out in four weeks if the Strait of Hormuz were not opened.
“We run out of reserves at about four weeks,” Trump said in France while at the Group of Seven summit, discussing the recent memorandum of understanding with Iran.
Another lie to justify the MOU. The most current data prior to our surrender had us drawing down 9 million barrels per week. With approximately 340 million barrels in the reserve, that would have lasted almost 38 weeks.
Across the world, strategic reserves were drawn down.
“If I keep bombing them, the ships remain blocked. That costs 500-600M$ per day. And in 4 weeks we won’t have any reserves [of oil] left. We wouldn’t have any. Do you want to see chaos?”
The US villian “china” actually helped the world by cutting down their imports by over 50%. Trump may not necessarily be talking about US but world in large. It may not be perfect, it may be even a failure. But Trump realized going to war on behalf of Israel is a mistake and he wanted to cut the loss. There is a reason Israel keeps claiming they are not part of the deal and not bound by it. Hopefully Israel goes alone and US makes it clear, you are on your own.
From the linked article -
“It’s not entirely clear whether Trump was referring to U.S. or global oil inventories. The White House declined to elaborate, referring The Hill back to Trump’s original remarks.”
Could JTT be talking about the world? Maybe. Could JTT be painting a dire picture in the US to justify a deal with Sable Corp for a west coast SPR? Probably. Corruption is his MO.
In 2025, the United States imported 2.9 billion barrels of petroleum. Also in 2025, the US exported 3.9 billion barrels. The US exports more oil than it imports. So how does the US run out of reserves in 4 weeks?
Imports:
Exports:
Graphs from the Energy Information Administration, links here, and here. Note that imports are trending downward, while exports are trending upward.
Imports specifically from the Persian Gulf:
_ Pete
Paragraph 2 was quite interesting:
The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.
If Israel acts against Lebanon, then Iran can call off the deal. As I mentioned in another post, Iran gets most of the economic benefits immediately with other provisions to be negotiated in the future. It is possibly in Iran’s best interests to encourage Hezbollah to attack Israel in order to provoke a response prior to finalizing other portions of the agreement. Like its nuclear program, for example.
That is a misnomer in your world. The theocracy makes most people want to puke.
Israel won’t allow this to leverage them. They did not sign it. They aren’t bound by it. US military budgets and foreign aid budgets are not bound by it. The good cop bad cop stuff is totally unbound.
This is a two part answer. The second part you will not like at all.
The U.S. draws down its reserves and exports oil simultaneously due to type mismatches, global crises, and refinery economics. [1, 2, 3]
The primary reasons for this dynamic include:
If you want, let me know:
I can provide more targeted data based on exactly what you need.
AI responses may include mistakes.
[1] https://www.youtube.com/watch?v=evIAnt5mNGI
[2] America Has Plenty of Oil—Just Not the Right Kind | Art Berman
[6] How US went from barring oil exports to becoming world's top crude seller - The Times of India
Major US oil and refining companies do own a significant amount of refining capacity internationally, making up millions of barrels per day of global production. However, it is actually foreign-owned entities (e.g., Saudi Aramco, BP, and TotalEnergies) that own a larger share of US domestic refining capacity. [1, 2]
US oil majors primarily split their assets between domestic facilities and global markets in a few key ways:
Global Assets of US Companies
American integrated oil companies (like ExxonMobil and Chevron) own and operate significant refining capacity outside the US to serve international demand and process local crude sludges closer to where they are drilled.
Foreign Ownership of US Refineries
Conversely, foreign state-owned and private oil corporations own approximately 28% of US domestic refining capacity, controlling roughly 5 million barrels per day of the fuel produced on American soil.
Why the Market is Split
Global refining is highly specialized. Many US refineries were historically upgraded to process heavy, sour crude oils from the Middle East and Latin America. Therefore, US companies export lighter, domestically drilled crude while US refineries import heavier crudes, creating a complex global web of cross-ownership and trade. [12, 13, 14, 15, 16]
If you would like to explore this further, I can help you with:
Let me know what you’d like to look into next.
AI responses may include mistakes.
[2] https://legacy-assets.eenews.net/open_files/assets/2015/05/12/document_ew_03.pdf
[3] Top 10 Largest Oil Refineries in the U.S. | Abraham Watkins
[4] List of oil refineries - Wikipedia
[5] U.S. Refineries | Oil Sands Magazine
[6] Foreign entities own 28% of U.S. refining capacity
[7] Top 10 Largest Oil Refineries in the U.S. | Abraham Watkins
[8] https://www.gem.wiki/Foreign_ownership_of_U.S._corporations
[9] https://www.investopedia.com/articles/investing/013016/biggest-private-oil-companies-world.asp
[11] Explainer: Why Chevron still operates in Venezuela despite US sanctions | Euronews
[12] https://www.fuelstreamservices.com/why-the-u-s-cant-use-the-oil-it-produces/
[14] This Is Why the U.S. Can’t Use the Oil It Produces
[15] How much oil does the United States import (and why)? | American Fuel & Petrochemical Manufacturers
[16] https://www.reddit.com/r/oil/comments/173ycu6/why_doesnt_the_us_refinery_capacity_adapt_to/
Just curious, how many tokens are you burning through with these AI generated responses?
Many more than they’re worth, as it is unlikely that anybody bothers to wade through them.
Many, many more.
And this is why your electric bill and water bill are going up, so people without the talent to write can ask a computer for an answer which no one will read. I think this is the biggest problem facing us in the next ten years.
Anyone else notice all those corporations which were requiring employees to use AI are now saying “Hold on, this is a lot of drivel and it’s costing us a fortune!”
[Editor’s note: “cut-and-paste” is not a talent.]
Yet I manage to screw it up surprisingly often.
Zero, it is just Gemini. It shows AI knows much more than you. Even when free. Suck it up.
You have writing talents, no doubt. But you are wrong more than anyone here.
Confidences goes before your endless tumbling.
You don’t screw up at all. You are reasonable at all times.
The other few folks who think they are saving the world from a conversation are a pain.
If you study this war, everytime Trump tried to negotiate a deal, it is Israel which was sabotaging it. There is a reason US (Trump and JD Vance) have warned Israel to be “more responsible and abide by the deal)”.
In West, Israel is forever a victim, even though they have attacked all their neighbours and killed 100’s of 1000’s of civilians.
Clearly, nuclear program is not part of the deal at present and Iran is pretty much getting what it wants.
Welp, that explains your overuse of it! What does it it say when you prompt…“Does overreliance on AI impair a person’s critical thinking skills?”
Something about cognitive offloading, yada, yada, yada.
It says @eldemonio woke up in the middle of the night very worried.
I wrestle with Claude in a multiplayer game development. What the blank do you do? Nothing? Critical thinking? You have barely done anything is what I see.
You don’t want to discuss the issues? Are you on the wrong side of things?
Meanwhile, we both know we have a true putsz in charge, but he is a very cagy street fighter.
I was pooping.
You seem angry, in a cognitive dissonance kind of way.
Israel believes and acts as it there are no rules applies to them.
Israel is saying Hezbollah is violating the ceasefire by firing against the advance of the Israeli occupation forces in Nabatiyeh district, south of Lebanon
Israel is the single biggest danger to the current peace deal, and peace in ME. I can completely ignore Israel’s action but when all this is financed by US taxpayer, it angers me. Not only we finance Israel’s rogue actions, then turn around pay at gas station and in grocery store in the form of higher inflation.
Have you thought of doing stand-up? Don’t quit your day job.
Perhaps if you made some sense, people would listen to your nonsense. You are making posts about nothing.
