$USO - Oil Futures: Will it invert? Will the SPR deplete?

Hello everyone, As you may have seen in the daily thread, I am very interested in oil right now. I thought I would write a quick post to discuss oil futures and share my ideas. For this post I'll be bringing up the first 6 oil futures contracts, from USOIL to CLGH027 (Mar2027). As many of you know, we are in backwardation, a barrel of oil today costs more than oil in the future. This happens when there's an immediate disruption. Like the one we've experienced in the Strait of Hormuz, a strait th

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