davycrockett>May be wrong but I think Biden tapped some of the...

davycrockett>May be wrong but I think Biden tapped some of the Strategic Reserve to help consumers.

Yep. for six months 1M BOPD. Suppose to end in October. Right before the next US midterms. If they want, they can keep this up for 1.5 years at this rate before they run out. (by my calculation). If they refill that's a lot of oil coming off the market.

davycrockett>Australia had some of our reserves stored in with the US. reserves.

That's my recollection too. The US put pressure on AU to have more oil and AU said can we do that but can we store it with you? If oil gets really expensive it might be hard to get hold of. Much like the AU's gold in the UK. (So I am told)

Cara> i wouldnt worry too much

Thanks Cara. It's a beautiful day. I think I will go for a little walk in the fresh air ....... To the bottle shop.

>Got room in that cave for a few or your friends ?

Sure, Bring a bottle..... Or two.

All disclaimers.