Strategic Petroleum Reserve less critical to U.S. security as domestic oil production surges under Trump administration ...

Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very ...

The Trump administration’s capture of socialist Venezuelan dictator Nicolás Maduro has thrown the region into uncertainty while presenting opportunities that could give the U.S. a geopolitical and […] ...

Here’s a look at the US Strategic Petroleum Reserve. Facts The US Strategic Petroleum Reserve (SPR) is a stockpile of crude oil owned by the US government. It provides a back-up supply of crude oil if ...

(The Center Square) – About 1 million barrels of crude oil that will go toward replenishing the nation’s Strategic Petroleum Reserve have been purchased, the U.S. Department of Energy said Thursday.

The United States is weighing a politically fraught idea: using Venezuelan crude to help rebuild its depleted Strategic ...

The United States’ Strategic Petroleum Reserve hit a four-decade low in mid-2023—at 347 million barrels, or less than half the reserve’s capacity—and today stands at 410 million barrels or 57% of the ...

Following the 1970s oil crisis, Congress created the Strategic Petroleum Reserve (SPR) as America’s insurance policy against global energy supply disruptions. For nearly half a century, this emergency ...