Skip to main content
MANIFOLD
Will US strategic petroleum reserve be over 80% of the July 2020 level by December 2029?
8
Ṁ130Ṁ428
2029
10%
chance

656 million barrels in July 2020. 398 million in December 2022. Biden said will start refilling in February: https://www.politico.com/news/2022/12/16/biden-administration-strategic-petroleum-reserve-00074369

Resolves based on: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m

Get
Ṁ1,000
to start trading!
Sort by:

The fastest rise in the history of SPR is in the 80s with ~15 months to add 100 million barrels. The most recent "fast" increase was in the 2020s with ~40 months to add 100 million barrels. At those rates the target of 524 million will be reached from the current 283 million in ~ 3 / ~ 8 years. So only the fastest ever rate would suffice to refill if it started approximately now. Anything slower won't be enough.

@DismalScientist I'm optimistically extending the closing time on this to 2029, change it back if you disagree.