New data shows record U.S. crude oil exports in May and production up year-over-year. So why's the SPR hitting 43-year lows?
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Energy News Today: U.S. Oil Output, Exports Run Strong As The SPR Hits A 43-Year Low
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12:40 PM ET 07/31/2026
Before the 2026 war on Iran, the U.S. had never before sent so much oil elsewhere, nor had it ever coaxed so much crude out of the earth at home. But the latest energy news today shows the U.S. exports reaching another new record in May. Oil production held near April's record levels. As exports and production run at or…
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