Industry advocates are raising the alarm over the US' diminishing strategic reserves along with growing concerns over the SPR's aging infrastructure.

US Strategic Petroleum Reserve hits its lowest level since 1983 amid releases. Crude oil reaching a new all-time high by September 30 at 2.6% YES.

US Strategic Petroleum Reserve drops to its lowest since 1983. New all-time high for crude oil by September 30 at 2.6% YES, by December 31 at 7.5% YES.

Industry advocates are raising the alarm over the US' diminishing strategic reserves along with growing concerns over the SPR's aging infrastructure.

US oil reserves hit lowest levels since 1983 amid growing tensions with Iran and global supply concerns.

The Strategic Petroleum Reserve saved the U.S. during the Hormuz crisis. It should also fund e-fuels before the next oil shock hits.