US Energy Secretary Dan Brouillette announces he has been authorized to expand the Strategic Petroleum Reserves to 1 billion barrels.

1 Billion barrels sounds like a lot, but broken down:

  • 1 Billion Barrels in the reserves
  • US Oil Consumption = 20.5 million barrels of oil a day

Equals 48.7 days worth of oil.

 

We should increase the reserves to 5 Billion.

 

AC