Us Oil Reserve Levels 2024 Chart. Congress originally authorized the spr's ultimate reserve target of 500 million barrels of crude oil, which was expanded to 750 million barrels in 1978 and 1 billion barrels in. Beginning with data for january 2005 total crude oil and petroleum products stocks do not include lease stocks.
The united states bought 3.2 million barrels of oil for the strategic petroleum reserve, as it continues to slowly replenish the stash after selling a record amount. See definitions, sources, and notes link above for.
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