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Data from the Energy Information Administration (EIA) indicates that the SPR had about 351.3 million barrels of oil stockpiled as of the week ending Sept. 29 — a slight increase from the lows of ...
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 U.S. Administration will not rush into buying crude to refill the Strategic Petroleum Reserve (SPR), and purchase plans don’t contain any oil price below which the Administration will start ...
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.