The USA Strategic Oil reserve is an imporatant safeguard to buffer the effects of any event that could cause problems to the general supply and price of the main products such as diesel or gasoline. So, how's it looking?
Well, apparently..."ok". Well, we've been in better shape. Below is the latest chart I have as of September 2025 and my check of the guy's comment is below this chart.
We are well into September, but the chart includes only up to and including June.But we can still study the data to assist us in our conclusion.
The steep drawdown was due to Biden's decision that many claim - and possibly rightly so - to try to keep oil prices down up to the runup of the election. As we know, it was an exercise in futility since he was taken off the ticket and swapped out for Harris. Regardless of where oil prices were or, would have been, would never have saved Harris.
From the article on RigZone website:
According to the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report, which was released on August 27 and included data for the week ending August 22, there were 404.2 million barrels of crude oil in the U.S. Strategic Petroleum Reserve (SPR) on August 22.
That looks to line up with the chart. Then later, the article says:
On January 29, the Fitch Group sent Rigzone a BMI Q&A format research note. In that note, one of the questions BMI, a unit of Fitch Solutions, asked was ‘Will Trump Fill Strategic Petroleum Reserves ‘Right To The Top’?’.
Offering a response in the note, BMI analysts said, “oil storage levels will rise under Trump, but probably at a slower pace than his rhetoric would suggest”.
“There are logistical constraints to consider, with the American Petroleum Institute (API) estimating strategic reserves would take at least 19 months to replenish,” they added.
So, is he right? That article was posted at the end of August, so his estimate/prediction is still pretty fresh. The best thing to do is to expand the chart and then extrapolate from there based on the present rate of refilling. We'll also compare it to the fastest rate of filling.
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