Published Sep 7, 2026, 5:45 AM ET · Updated 2 months ago · 1 source
US Government Faces Dilemma with Strategic Petroleum Reserve
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Original Report
The US is losing the Strategic Petroleum Reserve (SPR) as a viable tool because its current storage method is unsustainable, which necessitates either a new multi-billion dollar project to establish a new reserve or the US government taking on the role of regulating oil markets, a task it has historically not performed well.