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U.S. Oil Reserve Hits Decade Low | Dayton News
The U.S. Strategic Petroleum Reserve is at its lowest level in decades, sitting under 300 million barrels — a stark reminder of how vulnerable global oil markets can be. Originally created in 1975 to shield the nation from supply shocks, the reserve has seen frequent use, including massive releases under both Trump and Biden administrations to stabilize prices amid geopolitical turmoil like Middle East tensions and the Ukraine war. With more oil still slated for release, experts warn higher pump prices may linger until the reserve’s authorized draws are fully completed. Listen in comfort:Get…
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