Future Possibilities When The Strategic Petroleum Reserve Runs Out

To me, the question of the strategic petroleum reserve running out is by itself (in a vacuum) no big deal. The effect on the supply of the release of emergency oil holdings around the world is just not a big change Future Possibilities When The Strategic Petroleum Reserve Runs Out Summary - The Iranian situation is the key driver of current shortages. - ExxonMobil and Chevron expect elevated oil prices to persist. But industry consensus sees the spike as temporary. - Significant uncertainty causes energy companies to delay major capital commitments. - Divergent executive opinions and a lack of clear signals are resulting in a cautious, defensive industry posture. - Oil supply from strategic petroleum reserves is not materially impacting the market. - This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » This article was written by Analyst’s Disclosure: I/we have a beneficial long position in the shares of XOM CVX SPG CDDRF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor, and this article is not meant to be interpreted as a recommendation to buy or sell the stock of this company. Investors need to review their own investment profile and determine if this stock fits their investment objectives on their own. It is recommended that all the company's official documents and press releases be read by an investor before making a buy or sell decision. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.