The Strategic Petroleum Reserve, which stores U.S. oil in case of emergencies, could see a refill under President Trump, ...

Secretary of the Interior Doug Burgum discusses the department's plan to fix the permitting system, the slashing of oil ...

The strategic petroleum reserve is the country’s emergency stockpile of oil. The 180 million barrel release would drop the reserve levels to 388 million barrels — the lowest levels since 1984.

The country has hit its lowest levels of Strategic Petroleum Reserves since the 1980s, with a little under 350,000 barrels.

Biden taps U.S. oil reserve to ease gas prices 03:47. President Biden announced Thursday that his administration will release 180 million barrels of oil from the nation's Strategic Petroleum ...

America’s Strategic Petroleum Reserve is a collection of underground salt caverns in Texas and Louisiana that can hold more than 700 million barrels of oil, although it is not currently full.

The Biden administration on March 31, 2022, said it plans to release an unprecedented 180 million barrels of oil from the U.S. Strategic Petroleum Reserve to combat the recent spike in gas and ...

America’s Strategic Petroleum Reserve is a collection of underground salt caverns in Texas and Louisiana that can hold more than 700 million barrels of oil, although it is not currently full.

President Joe Biden has ordered the release of 50 million barrels of oil from America’s strategic reserve. Here is everything you need to know about the move.

Releases from the strategic petroleum reserve have “reduced oil prices by an estimated close to $10 per barrel, which translates into a saving of about 40 cents per gallon,” Zandi told ABC News.

The Strategic Petroleum Reserve currently has about 645 million barrels of crude stored deep across four underground caverns created in salt domes along the Texas and Louisiana Gulf Coasts.

America’s Strategic Petroleum Reserve is a collection of underground salt caverns in Texas and Louisiana that can hold more than 700 million barrels of oil, although it is not currently full.