/biz/ - Business & Finance

Oil crisis imminent Anonymous Sun Aug 9 20:10:56 2020 No.21198237 [View]
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>Inventories depleting fast
US crude oil inventories post sharp fall
https://www.aa.com.tr/en/economy/us-crude-oil-inventories-post-sharp-fall/1933245

>Imports drying up
Saudi Arabia Turns Off America’s Oil Taps Again
https://www.washingtonpost.com/business/energy/saudi-arabia-turns-off-americas-oil-taps-again/2020/08/09/ace624f4-da05-11ea-a788-2ce86ce81129_story.html

>Domestic production plummeting
Oil drilling drops to 15-year low, shale in full retreat
https://www.businesstimes.com.sg/energy-commodities/oil-drilling-drops-to-15-year-low-shale-in-full-retreat

So once the reserves run out the US is fucked, right?

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