Bill’s Commentary:

“The debt clock 4 years from now… IF we get there. Meaning, $2.5 trillion borrowed per year to keep things “looking normal”?”

https://www.usdebtclock.org/current-rates.html

Bill’s Commentary:

“Pastor Stanley did a podcast re the “GENIUS” Act.”

EA Podcast Ep. 410-The Newly Passed GENIUS Act is Programmable Currency

Depleted Strategic Petroleum Reserve Ignored: U.S. Exposed to Middle East Chaos

20 June 2025 by Bob Bishop 32 Comments

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About two years ago, Sonar21 released an article detailing how the Biden Administration tapped the Strategic Petroleum Reserve (SPR) to reduce oil prices and bolster the faltering economy, a move aimed at gaining political advantage during the 2022 midterm elections. Biden released approximately 260 million barrels rapidly, potentially damaging the aging salt caverns through deformation and shrinkage. In 2000, the SPR office estimated that the facilities had a remaining life span of twenty-five years, assuming routine maintenance.

Assuming refiling the SPR at three million barrels a month, it would take a staggering seven years to replace the 260 million barrels. Refilling at one million barrels per day to cut the refill timeline to under a year would pose a significant logistical challenge and cause oil prices to rise sharply. Given the current Middle East geopolitical risks and probable oil supply disruptions, time has run out.