The U.S. SPR is heading toward its lowest level since 1982. The reserve ended August at 286.6M barrels, more than 445M barrels below capacity, with another 40M barrels now set for release. #Oil#SPR#EnergySecurity#CrudeOil
The U.S. Strategic Petroleum Reserve has fallen to 283.8M barrels, its lowest level since October 1982. The decline follows a 172M-barrel release authorized in March as Hormuz disruptions keep global oil markets tight. #Oil#SPR#USA#Energy
America does not have just 14 days of oil left. The viral claim divides the 286.6M-barrel SPR by total U.S. petroleum demand, ignoring nearly 14M bpd of domestic crude output, imports and commercial inventories. #Oil#SPR#EnergySecurity
The U.S. SPR could fall to 243M barrels after another planned 39M-barrel release, below the 250M–300M operational minimum. With Gulf fighting tightening supply, a smaller reserve could amplify oil-price volatility. #Oil#SPR#EnergySecurity
