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U.S. Emergency Oil Reserve Drops Below 300 Million Barrels

The U.S. Strategic Petroleum Reserve has fallen to 298.7 million barrels, below the 300 million mark for the first time since the 1980s. This data was reported by the Energy Department on August 10, 2026.

The U.S. emergency oil reserve has decreased to below 300 million barrels for the first time since the 1980s. According to data from the Energy Department, the Strategic Petroleum Reserve (SPR) held 298.7 million barrels as of August 10, 2026. This marks the first time the reserve has fallen below this threshold since the early 1980s.

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

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U.S. Emergency Oil Reserve Drops Below 300 Million Barrels