The U.S. Strategic Petroleum Reserves (SPR) Inventory Only Has a 20-Day Supply for Country.
14th December 2023
50 years after the oil embargo crisis of 1973, there remain no American policy for crude oil independence. America continues to INCREASE its dependence on China for “green” minerals and metals, and on OPEC, Russia, and other countries for oil. Today, with LESS independence, America is more vulnerable to another embargo than we were 50 years ago!
Over the same period, California Governors have been continually decreasing California’s in-state oil production. The emissions policies of past and current Governors continue to force California, the 4th largest economy in the world, to be the only state in contiguous America that imports most of its crude oil feedstock to in-state refineries from foreign countries. The States Governor leaders over the decades have been: