SPR falls below 300 million barrels for the first time in decades

The U.S. Strategic Petroleum Reserve, stored in underground salt caverns along the Louisiana and Texas Gulf Coast, has fallen below 300 million barrels for the first time since the early 1980s. Experts warn that continued drawdowns could damage the caverns, reduce the SPR’s ability to respond quickly to future emergencies and potentially threaten the integrity […] The post SPR falls below 300…