USOI

Take time to read this analysis. It may not be super accurate, but it may be very close.?

Current U.S. commercial crude inventory is approximately 418.2 million barrels, and the Strategic Petroleum Reserve (SPR) holds roughly 340.2 million barrels. Assuming the Strait of Hormuz is fully open and refineries in the Los Angeles port area (PADD 5) run near full capacity, here is the 7-week inventory projection.

7-Week Inventory & Demand Projection

Over the past several weeks, the U.S. has averaged total petroleum product supplied (demand) of roughly 20.6 million barrels per day, equating to about 144.2 million barrels per week.

Starting Inventory: 418.2 million barrels

Weekly Consumption: -144.2 million barrels

Projected 7-Week Demand: 1,009.4 million barrels

Additional Oil Needed (Over 7 Weeks): 591.2 million barrels (Total 7-Week Demand minus 418.2M)

Tanker Logistics & Refinery Throughput

Tanker Transit: A 12,000 nautical mile journey from Saudi Arabia around Africa's Cape of Good Hope at 12 to 15 knots takes about 35 to 45 days (5 to 6.5 weeks).

Port Unloading: A fully loaded Very Large Crude Carrier (VLCC) carrying 2 million barrels takes 24 to 36 hours to safely discharge at the Port of Los Angeles or Long Beach, depending on pumping rates.

Refinery Capacity: The Los Angeles port area and broader West Coast (PADD 5) boast a crude oil distillation throughput capacity of roughly 2.2 to 2.5 million barrels per day.

7-Week Outcome & Strategic Need
At the end of week 7, commercial inventories will be fully drained and require massive drawdowns from the SPR (which currently holds 340.2 million barrels).

State of National Supply: By the end of the 7-week mark, commercial supply would be critically, dangerously low. While the U.S. wouldn't instantly "run dry" of all emergency petroleum, relying completely on the SPR indicates a severe national emergency.

The First Tanker Arrival: If a tanker leaves Saudi Arabia at the beginning of Week 1, it will arrive to unload in Los Angeles at the end of Week 5 to Week 6, meaning there will be a significant operational gap where commercial supplies will need to be bridged by SPR drawdowns and existing domestic production.

Projected Gas & Oil Prices
Because commercial inventories sit 6% below their 5-year average, and the 7-week trajectory requires aggressive use of strategic emergency stocks, the market will register a severe supply-demand deficit. Barring other global market interventions, ,,,,,,, (this desperate running down of stocks will push crude oil and gasoline prices sharply upward as market panic and physical supply constraints drive premiums higher.)

$PTC Therapeutics(PTCT.US)$ ?????????????? Royalty Pharma Announces Agreement to Purchase Up to $1.5 Billion of PTC Therapeutics' Royalty on Evrysdi -- Royalty Pharma purchases a portion of royalties on Roche's Evrysdi for
$1.0 billion upfront
-- PTC Therapeutics has option to sell rest of royalty for up to $500
million; Royalty Pharma has option to buy half of rest of royalty for up
to $250 million
-- Transaction expected to enhance long-term Adjusted Cash Receipts growth
(non-GAAP)
-- Royalty Pharma to host conference call today, Thursday, October 19 at
9:00am EDT
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today an agreement with PTC Therapeutics, Inc. to acquire additional royalties on Roche's Evrysdi for $1.0 billion upfront. The agreement includes options for PTC to sell up to all of its retained royalties on Evrysdi for up to $500 million or for Royalty Pharma to acquire half of such retained royalties for up to $250 million at a later date.

Follow Black Rock. Black Rock moves/controls the market! IMO

It will be interesting to observe how OPEC+ proposed production cut impact WTI and subsequently #USOI.
https://seekingalpha.com/news/3887828-crude-oil-soars-4-as-opec-weighs-cut-to-production

79 $ and drop again to $5

Good luck to all on the reverse split and moving forward. To steal a line from Game of Thrones, “Winter is coming!”

Stock splitting shitt usio if you have 20 share will be 1 ⛔️?

He want to take your mony and going to $80 after a few munths back to 4 ?????

Stock splitting shitt usio

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