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Yhn EnvironmentEnergy first seen 2 d ago, last 18 min ago, peak #2

US Strategic Petroleum Reserve Falls to Lowest Level Since 1982

Original: U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

The U.S. Strategic Petroleum Reserve has dropped to its lowest level since 1982, following extended drawdowns that accelerated after the Biden administration released large volumes of crude in 2022 to counter high gasoline prices. The report is drawing attention to concerns about energy security and how quickly the reserve can be refilled, given current oil prices and market conditions.

Why now: Fears about U.S. energy security and debate over the pace of refilling the reserve amid volatile oil prices

United StatesU.S. Strategic Petroleum ReserveDepartment of Energy

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