America's Emergency Oil Reserve Keeps Falling To Decade Lows. Auditors Warn It May Not Be Ready For Another Crisis
- Posted on July 29, 2026
- By International Business Times
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- 1 min read
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America's Emergency Oil Reserve Keeps Falling To Decade Lows. Auditors Warn It May Not Be Ready For Another Crisis
The U.S: Strategic Petroleum Reserve fell this week to its lowest level since March 1983 after the federal government withdrew a total of 352 million barrels of crude oil over the past four years to respond to geopolitical conflicts.
