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US strategic oil reserve hits lowest level since 1983

Politics The Hill By Rachel Frazin 15 Jun 2026 21:24 1 min read
US strategic oil reserve hits lowest level since 1983

The U.S. supply of emergency oil has hit its lowest level since 1983, according to newly released federal data. The U.S. Strategic Petroleum Reserve (SPR) is down to 340.3 million barrels, according to the data released on Monday. The last time that levels were this low was 1983, when the Reagan administration was filling up the reserve...

The U.S. supply of emergency oil has hit its lowest level since 1983, according to newly released federal data. The U.S. Strategic Petroleum Reserve (SPR) is down to 340.3 million barrels, according to the data released on Monday. The last time that levels were this low was 1983, when the Reagan administration was filling up the reserve...

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