The SPR's level has fallen to about 346.8 million barrels of oil, the lowest level since August 1983, according to Energy Information Administration data released on July 28.

Since President Biden took office in 2021, the SPR has been depleted by nearly 300 million barrels, much of that occurring after the Russian invasion of Ukraine sent gas prices skyrocketing to ...

The amount of crude oil in the U.S. Strategic Petroleum Reserve (SPR) dropped by 5 million barrels in the week to May 13, data from the U.S. Department of Energy showed.

This article fact-checks claims that the Strategic Petroleum Reserve has been replenished, revealing a significant discrepancy between the Biden Administration's statements and the actual SPR levels.

The United States is moving forward with a congressionally required sale of oil from its Strategic Petroleum Reserve (SPR). On Monday, the Energy Department advised that it would sell 26 million ba… ...