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Energy Department Authorizes Limited SPR Exchange Amid Hurricane Disruptions as Reserve Hits 1980s Lows

October 12, 2026 Clark Savage3

The U.S. Department of Energy on October 10, 2026, authorized an emergency exchange of up to 4 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address supply disruptions from hurricane activity in the Gulf of America. Source –⁠Energy ExxonMobil and BP America each received authority for up to 2 million barrels. […]

SPR Draw Down at Critical Levels and May Surpass the Biden Abuse

June 3, 2026 Clark Savage390

The U.S. Strategic Petroleum Reserve (SPR) is being drained at a record pace under the current administration, with projections showing it could hit operational minimum levels as early as August 2026—faster than the Biden-era releases of 2022. At the same time, California is staring down a severe refined-product crunch, with jet fuel and diesel inventories […]

Tag: Stratigic Petroleum Reserve

Energy Department Authorizes Limited SPR Exchange Amid Hurricane Disruptions as Reserve Hits 1980s Lows

SPR Draw Down at Critical Levels and May Surpass the Biden Abuse

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