Again, this is the kind of crisis the reserve is there for

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Again, this is the kind of crisis the reserve is there for

Author: Chris94 (38374 Posts - Original UHND Member)

Posted at 5:52 pm on Mar 9, 2026

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If this goes on another few weeks, gas prices will be at record highs - and the US economy will suffer. it has nothing to do with market corrections.

Economic health is what we call a "vital national interest."

Draw upon the reserve in times of crisis and fill it back up when the crisis passes. That is what it is for.

Replies to: "Again, this is the kind of crisis the reserve is there for"

We should be dipping into the strategic petroluem reserve - Chris94 - 5:39pm 3/9/26 (10) [View All]
- 3 days after gas prices went up? [NT] - iairishcheeks - 5:52pm 3/9/26
  - Absolutely. Oil from the reserve would not start arriving for two weeks at minimum. - Chris94 - 5:53pm 3/9/26
    - Gas is still cheaper than a year ago and 2 years ago. - iairishcheeks - 6:10pm 3/9/26
- Not remotely necessary today... nor when Biden did it for purely political reasons. - Curly1918 - 5:49pm 3/9/26
  - The SPR was created for exactly this type of 'shock' to oil prices...and Biden handled it - TyroneIrish - 6:09pm 3/9/26
    - I'm not remotely shocked. I don't live in California. [NT] - Curly1918 - 6:13pm 3/9/26
      - That's too bad...I've never regretted the move...great environment, great opportunities and great - TyroneIrish - 7:51pm 3/9/26
  - Again, this is the kind of crisis the reserve is there for - Chris94 - 5:52pm 3/9/26
    - Economic health is a question of severity and duration. Only infants demand instant gratification. [NT] - Curly1918 - 6:18pm 3/9/26
      - Only Fools don't plan ahead and prepare for serious threats... [NT] - TyroneIrish - 7:58pm 3/9/26

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