The US Government Owns 714 million barrels Of Oil

By Douglas McIntyre  •  October 22, 2025

The Strategic Petroleum Reserve (SPR) was created to protect the US from oil shortages. It is rarely used. After the government used it to ease supply constraints two years ago, the Energy Department has decided to refill it. Douglas A. McIntyre, Editor-In-Chief of Cliamtecrisis247, explains

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