🛢️🛢️🛢️🫥

FOX: Right now, the SPR sits at the lowest level since Hall and Oates’ Maneater topped the billboard music charts. The energy secretary blames the Biden Administration. pic.twitter.com/aGXNfYeXE9

— Acyn (@Acyn) August 18, 2026

Trump is blowing through our Strategic Oil Reserve like the money he inherited from his dad.

— Ron Filipkowski (@RonFilipkowski) August 18, 2026

DOE, November 28, 2024:

The U.S. Department of Energy today announced that 200 million barrels of crude oil have been delivered, contracted at a good deal for taxpayers, an average price of $74.75. following the closure of the most recent solicitation to acquire 2.4 million barrels of crude oil for the Strategic Petroleum Reserve (SPR). This aggressive buyback strategy has resulted in the purchase of 20 million barrels more than the 180 million barrels sold under the emergency declaration authorized by President Biden in 2022 following the unpreceded Russian invasion of Ukraine.

To date, DOE has directly purchased 59 million barrels of oil for the SPR at an average price of under $76 per barrel. This is about $20 per barrel lower than the $95 average sales price for 2022’s emergency sales. In addition, DOE secured 140 million barrels by working with Congress to cancel mandated sales between FY24 and FY26, at approximately $74 a barrel. Together, this brings the total oil purchased or retained in the Strategic Petroleum Reserve (SPR) since 2022 to nearly 200 million barrels.

In other words, Biden put more oil in the SPR than he released from it.

Today:

Crude oil stocks in the US Strategic Petroleum Reserve fell by about 5.3 million barrels last week to their lowest level since 1982, government data showed Monday.

The reserve contained 293.4 million barrels of crude oil as of Aug. 14, down from 298.7 million barrels a week earlier, according to US Department of Energy data.

The latest total comprised 100.9 million barrels of sweet crude and 192.5 million barrels of sour crude, the data showed.

Historical data from the US Energy Information Administration showed that the reserve last held less oil in December 1982.

In January, 2025, the SPR had approximately 395 million barrels.  I’m trying to figure out how the Biden Administration got hold of over 100 billion barrels of oil from the SPR after Trump took office.