The SPR was created to protect the United States from oil shortages and price spikes caused by supply disruptions, but Biden’s historic drawdown for political reasons sacrificed national energy ...

This article fact-checks claims that the Strategic Petroleum Reserve has been replenished, revealing a significant discrepancy between the Biden Administration's statements and the actual SPR levels.

Refinery capacity use edged up by a fifth of a percentage point to 96.6%, with crude oil input to refineries up by 28,000 ...

The top Republican on the Senate Energy and Natural Resources Committee introduced bills Tuesday that would curb President Biden's authority over the nation's oil stockpiles.

The U.S. SPR is currently at a multi-decade low. Replenishing 300 million barrels at a cost of even $70 per barrel would cost $21 billion for the oil alone. The United States needs the SPR as a ...

Meanwhile, the SPR's level has fallen to about 492 million barrels of oil, the lowest level since December 1985, according to the Energy Information Administration.