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US emergency oil reserve falls below 300M barrels for first time since 1980s

The Hill·August 10, 2026·1 min read
US emergency oil reserve falls below 300M barrels for first time since 1980s

The U.S. emergency oil reserve fell below 300 million barrels for the first time since the 1980s. New Energy Department data shows the Strategic Petroleum Reserve contained 298.7 million barrels as of Friday. The last time the level was below 300 million barrels was in the early 1980s.

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