The U.S. SPR cannot be run down to zero because the bottom of these giant caverns contains sludge of unknown depth and composition that is likely unusable, creating a hard floor on usable reserves and preventing complete depletion despite crisis demand.

factualpending

Speaker

Luke Gromen

Evidence Quote

it can't be run down to zero because no one knows at the bottom of these giant solid caverns. It's likely sludge of some description and probably unusable.

Source

BTC101: Macro Overview 4th Quarter 2022 w/ Luke GromenPreston Pysh
Created: 8/11/2026, 1:30:01 AM

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