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.