Aug. 8 at 2:40 AM
$USO What a steal of a price as America uses more and more of its reserve supply that at some point must be replaced even at the expense of less oil in the market.
Bank of America Global Research data shows that the level of the U.S. Strategic Petroleum Reserve is at its lowest level since 1983, leaving the country with 43 days of crude oil supply, as reported by the Associated Press.