America's Oil Reserves Are Counting Down Fast Statistics from the US Department of Energy show that US strategic reserves have fallen by 400,000 barrels of water. 10 days ago, the operations of the refineries in the state of Louisiana were disrupted and Trump ordered the withdrawal of 400,000 barrels of oil from strategic reservoirs in order to prevent the increase in fuel prices. More than half a century ago, Washington created a strategic reserve to control oil shocks with the oil shock experience of shutting down Saudi oil exports, but after closing the Strait of Hormuz, Trump has withdrawn from these reserves for 33 weeks. These reserves are at the lowest level of the last 44 years, i.e. 282.2 million barrels, which are only 32 million barrels away from the critical harvest floor. - Link.

America's Oil Reserves Are Counting Down Fast Statistics from the US Department of Energy show that US strategic reserves have fallen by 400,000 barrels of water. 10 days ago, the operations of the refineries in the state of Louisiana were disrupted and Trump ordered the withdrawal of 400,000 barrels of oil from strategic reservoirs in order to prevent the increase in fuel prices. More than half a century ago, Washington created a strategic reserve to control oil shocks with the oil shock experience of shutting down Saudi oil exports, but after closing the Strait of Hormuz, Trump has withdrawn from these reserves for 33 weeks. These reserves are at the lowest level of the last 44 years, i.e. 282.2 million barrels, which are only 32 million barrels away from the critical harvest floor. - Link.