America's Strategic Petroleum Reserve (SPR) is shrinking quickly, following record-setting releases initiated to curb gasoline prices before the 2022 midterm elections.
SPR has seen a 12% decrease in its reserves, dropping to 365 million barrels
May 29, 2026
06:11 pm
What's the storyThe Strategic Petroleum Reserve (SPR) in the United States is being depleted at an unprecedented rate under President Donald Trump.
The SPR, which is the world's largest emergency crude stockpile, has seen its reserves drop to levels approaching those not seen since the early 1980s.
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Crude inventories in the Strategic Petroleum Reserve fell by 9.1 million bbl last week as the Trump administration continues its…
When he launched his presidential campaign in late 2022, then-candidate Donald Trump blasted his successor for aggressively…
The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million…
By Claudia Assis and Myra P. Saefong
By Claudia Assis and Myra P. Saefong
