Anti-OPEC+ Officially Emerges

This is not an anti-OPEC. Those are politicians that have thrown all strategic pretense to the wind. There can be a discussion on what level of strategic storage makes sense. And the result of this discussion would be different in any country, in any community. Strategic storage costs money and this money should be spent on something that’s well with it. Again, this determination is as much the result of opinions as well as factual considerations. But those oil releases are short-term panic reactions. Thats not what such storage is for.

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