- seven companies awarded contracts for SPR oil
- 10 million bbls
- 10 million bbls = one day's US production
- tells me how inconsequential the SPR has become (or maybe always was)
- seven companies, the usual suspects, including Marathon Petroleum, Phillips 66, Valero
- but also, PetroChina (so, the US sells oil at a very low price to enemy #1; LOL)
- deliveries to take place May and June (2017)
- one wonders how much the seven companies are more interested in "contango" than in supply?
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Pipelines, Pristine Waterways, and Native American Religious Rites
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