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Keyword: yesthatconcerntroll

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  • US emergency oil stockpile tumbles to lowest since the Reagan administration

    06/15/2026 5:21:19 PM PDT · by yesthatjallen · 30 replies
    cnn ^ | 06 15 2026 | Matt Egan
    The amount of oil in the US Strategic Petroleum Reserve plunged last week to the lowest level since 1983 as the Trump administration continues to deploy emergency oil to minimize the damage from the war with Iran. According to federal data released Monday, US officials released another 8.9 million barrels from the SPR last week alone. That leaves the US emergency oil reserve with 340.3 million barrels of crude, taking out the prior low set in July 2023 under President Joe Biden after Russia invaded Ukraine. The last time the SPR had less oil than today was July 1983, when...