The modern comparison gives ten million tons of mandatory commercial stocks held by refiners and wholesalers, including roughly twenty days of diesel. Relying on those stocks requires confidence that companies retain the quantities required. Commercial incentives to minimise costs create a concern about compliance and reliable reporting. The suggestion that firms might stretch their figures remains a suspicion, with no evidence of misconduct by a named company.
Notable Point · 1:01:06-1:01:51
Commercial fuel stocks and the state's reserve assumptions
Mandatory commercial stocks raise questions about how strategic reserves are maintained and verified.