Tag: Stratigic Oil Reserve

US Crude Oil Inventories Up

Clark Savage44

In the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) for the week ending January 9, 2026, U.S. commercial crude oil inventories (excluding the Strategic Petroleum Reserve) saw a notable increase of 3.4 million barrels, reaching a total of 422.4 million barrels. This build defied market expectations of a drawdown and […]

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The Biden Adminstration causes damage to the Stragegic Petroleum Reserve during massive draw down for political gain.

Clark Savage45

There is no question that the Biden Administration used the United States Strategic Petroleum Reserve for political gain when it opened and caused significant drawdowns right before the mid-term elections.   Key Points The Biden administration significantly depleted the Strategic Petroleum Reserve (SPR), but replenishment efforts have restored much of it. There is no conclusive […]

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