EPISODE · Jun 23, 2026 · 1 MIN
America's Oil Reserve at Historic Low
from Minneapolis News Today | 2 Min News | The Daily News Now!
America’s emergency oil stash, the Strategic Petroleum Reserve, is at its lowest level since 1983—just 331.2 million barrels left. This reserve, created after the 1970s oil embargo to shield the nation from supply shocks, is now being tapped to cool soaring gas prices fueled by global conflicts. Presidents have drawn from it before—11 million barrels after Hurricane Katrina, 180 million after Russia invaded Ukraine. Trump’s 2017 move to sell 172 million barrels helped fund the budget. Now, with refilling plans underway, the reserve may need to be drawn again—especially as hurricane season looms and global demand rises. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/56d0da3563489821
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America's Oil Reserve at Historic Low
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