The End Of The U.S. Oil Reserve (And The World Isn't Ready) | VisualEconomik EN

👉 Get an early access to Proton's Black Friday sale at https://protonvpn.com/visualeconomik and get up to 75% off on their VPN plans. The United States' Strategic Petroleum Reserve has fallen below 283 million barrels, its lowest level since 1982. To hold down oil prices during the Strait of Hormuz crisis, Washington lent crude to oil companies. And now, just as the war with Iran is heating up again, the buffer is almost gone. And that isn't even the biggest problem. The oil is stored in huge salt caverns deep underground, and every withdrawal wears them down. By late 2025, the Government Accountability Office estimated that the reserve could deliver only 61% of its designed daily withdrawal capacity, and around 70 million barrels must always stay at the bottom of the caverns. In this video we explain how the reserve has worked since the 1973 oil shock, why it may be reaching the end of its life as we know it, why refilling it is so hard and expensive, and what this means for the world's ability to contain an oil price surge. 🔐 Learn about finance with us in a simple, free, and straight-to-the-point way: https://www.visualfaktory.com/free-gift/ Check out our previous videos! ⬇️ 🔴Why Are Japanese Companies Dead? https://youtu.be/dqEadBLo4xk?si=EnZ-q6whmd76aixN 🔴Why Are Muslim Countries Poorer? https://youtu.be/XXlAZMlG1-c?si=8wl8t_8tLxPnhAuh 🔴Why Are Big Companies Fleeing China? https://youtu.be/AsrHpsTFTp0?si=PWcJrsW7Zz4qUa6d ✉️ Business Enquiries → team@visualeconomik.com