The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]

The Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program.

Dec 26, 2024 · The Strategic Petroleum Reserve is a U.S. Government complex of four sites with deep underground storage caverns created in salt domes along the Texas and Louisiana Gulf Coasts.

SPR Home Page | Doing Business with the SPR | Emergency Oil Requests | SPR Crude Oil Comprehensive Analysis | Environmental Safety and Health NEPA | M&O Contract | CESER Office of Petroleum Reserves Website | FOIA | Louisiana Science Bowl

May 7, 2001 · The Strategic Petroleum Reserve (SPR) is the world's largest supply of emergency crude oil. The federally-owned oil stocks are stored in huge underground salt caverns along the coastline of the Gulf of Mexico.

5 days ago · The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of challenges.

May 13, 2020 · The Strategic Petroleum Reserve (SPR), the U.S. stockpile of petroleum, has played a role in U.S. energy policy for over 40 years. The need for a stockpile of petroleum to help protect against supply disruptions became apparent after the 1973-1974 Arab oil embargo, during which time the average price of imported crude oil tripled.

Mar 20, 2024 · After the 1973 oil embargo that saw skyrocketing gas prices in the United States, Congress passed the Energy Policy and Conservation Act of 1975, which established the U.S. strategic petroleum reserve (SPR). 1 U.S. Department of Energy’s “Strategic Petroleum Reserve: Providing energy security for America“ (PDF)

Jan 28, 2025 · Professor Todd McFall shares insights on how the U.S. Strategic Petroleum Reserve operates and its role in stabilizing energy markets in a recent interview with Marketplace. Dive into the full story to learn how this critical resource impacts global oil dynamics. Read more

Jun 9, 2020 · Since 2015, Congress has enacted seven laws that mandate the sale of 271 million barrels of SPR crude during the period of fiscal year (FY) 2017 through FY2028. Additionally, Congress has authorized SPR oil sales up to $2 billion to pay for SPR facility modernization.