Deleted member 5064
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They literally were burying barrels of oil in the ground and storing on ships because of the glut of extra oil. Obvious because of pandemic travel greatly reduced but mostly because of the Saudi-Russia oil production war to price out competition ( USA ). Thus isnāt an oil supply issue but an IT Security issueNo politics. I didn't mention either political party or any particular bureaucrat.
We do however keep a strategic oil reserve just for events as this. While oil prices were low during the last 4 years, the strategic oil reserve was filled up, which is smart thinking.
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