In his inaugural handle, which was transcribed on the White Home web site on January 20, 2025, U.S. President Donald Trump stated, “we are going to … fill our strategic reserves up once more proper to the highest”.
So, simply over a yr later, simply how full is the U.S. Strategic Petroleum Reserve (SPR)?
Effectively, when you take the SPR figures from the U.S. Power Info Administration’s (EIA) newest weekly petroleum standing report, and contemplate that the U.S. Division of Power (DOE) web site highlights that the SPR has a licensed storage capability of 714 million barrels, the reply to that query is 58.17 % full.
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The EIA’s newest weekly petroleum standing report, which was launched on February 19 and included information for the week ending February 13, reveals that there have been 415.4 million barrels of oil within the SPR, as of February 13.
Based on the EIA’s weekly petroleum standing report, there have been 415.2 million barrels within the SPR on February 6, 395.3 million barrels on February 14, 2025, and 359.5 million barrels on February 16, 2024. The February 13, 2026, determine marks a 5.1 % improve from final yr’s determine and a 15.6 % improve from the determine two years in the past, the EIA’s report highlights.
In a reality sheet posted on the DOE web site final month, the power division stated it’s “persevering with to rebuild our strategic power and has begun the method of refilling the Strategic Petroleum Reserve (SPR), after it was recklessly depleted by the Biden administration with its 180 million barrel drawdown in 2022”.
The very fact sheet identified that, in November 2025, the DOE awarded contracts for deliveries of 1 million barrels of crude oil for the SPR, from the Bryan Mound web site, starting December 2025 via January 2026.
“President Trump promised to guard America’s power safety by refilling and managing the Strategic Petroleum Reserve extra responsibly,” U.S. Secretary of Power Chris Wright stated in a DOE assertion posted on the division’s web site on November 12, 2025.
“Awarding these contracts marks one other step within the essential strategy of refilling this nationwide safety asset,” he added.
“Whereas this course of gained’t be full in a single day, these actions are an essential step in strengthening our power safety,” he continued.
In its newest brief time period power outlook (STEO), which was launched on February 10, the EIA projected that crude oil within the SPR will improve in 2026 and 2027.
The EIA forecast on this STEO that crude oil within the SPR will are available in at 430.8 million barrels this yr and 435.0 million barrels subsequent yr. On this STEO, the EIA highlighted that crude oil within the SPR got here in at 413.4 million barrels in 2025.
In its February STEO, the EIA projected that crude oil within the SPR would are available in at 418.3 million barrels within the first quarter of this yr, 422.5. million barrels within the second quarter, and 426.6 million barrels within the third quarter, 430.8 million barrels within the fourth quarter, and 435.0 million barrels throughout all 4 quarters of 2027.
The EIA forecast in its earlier STEO, which was launched in January, that crude oil within the SPR would are available in at 430.7 million barrels this yr and 434.9 million barrels subsequent yr.
The SPR is described on the DOE web site because the world’s largest provide of emergency crude oil. The positioning highlights that it was established “primarily to cut back the influence of disruptions in provides of petroleum merchandise and to hold out obligations of the US underneath the worldwide power program”.
“The federally owned oil shares are saved in large underground salt caverns at 4 websites alongside the shoreline of the Gulf of America,” the DOE web site notes.
“The sheer measurement of the SPR (approved storage capability of 714 million barrels) makes it a big deterrent to grease import cutoffs and a key instrument in overseas coverage,” the location provides.
A White Home reality sheet launched on March 31, 2022, which highlighted that gasoline costs had elevated by practically a greenback per gallon, outlined that the U.S. President on the time, Joe Biden, would announce the biggest launch of oil reserves in historical past, placing a million further barrels available on the market per day on common, every single day, for the subsequent six months.
“This file launch will present a historic quantity of provide to function bridge till the top of the yr when home manufacturing ramps up,” that reality sheet said.
To contact the writer, e-mail andreas.exarheas@rigzone.com
