US oil stockpile continues to dwindle, efforts begin to replenish

US oil stockpile continues to dwindle, efforts begin to replenish

Newsy

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ViewThe United States' Strategic Petroleum Reserve is at its lowest level in 40 years as its supply continues to dwindle. 

The U.S. tapped into its oil reserve in 2022 when gas prices reached $5 a gallon, and the price of a barrel of oil exceeded $100 a barrel. But even months after the price of oil subsided to more normal...

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