Energy
The U.S. Strategic Petroleum Reserve is low. Here's why you should care
The U.S. has tapped into its strategic oil reserve to help drive down rising gasoline prices in the wake of the war with Iran. Can oil from Venezuela help fill…
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Strategic Petroleum Reserve
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Latest on Strategic Petroleum Reserve
Newest firstEnergy
US oil jumps above $80 per barrel as Strategic Petroleum Reserve reaches lowest level since 1983
West Texas Intermediate crude oil prices rose 5.1% to $82.13 a barrel while Brent crude increased 5% to $87.72 a barrel.
Energy
Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs
The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.
Energy
Trump signals he will tap into Strategic Petroleum Reserve to bring down gas prices
President Trump signaled on Wednesday that he plans to tap into the US Strategic Petroleum Reserve in an effort to bring down rising gas prices.
Energy
Oil shortage, high gas prices prompt debate on tapping Strategic Petroleum Reserve
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their strategi…
Energy
Could tapping the Strategic Petroleum Reserve lower gas prices?
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Energy
Oil prices soar, but Trump downplays need to tap Strategic Petroleum Reserve
Oil prices have soared in the week since the U.S. and Israel launched their war against Iran, but President Donald Trump on Saturday downplayed the idea of tur…
