Legal Insurrection by Leslie Eastman 10/23/2025
Reports indicate that supplies are exceeding demand, which is a good sign for those of us who appreciate inexpensive and efficient fuel sources.It has been about six months since we last wrote about the Strategic Petroleum Reserve (SPR).
When President Donald Trump issued an executive order declaring a “national energy emergency,”’ he directed the Department of Energy (DOE) to prioritize refilling the SPR to its full capacity, which is approximately 714 million barrels.
At the time, the reserve held around 394 million barrels-about 55% of capacity-after historic drawdowns during the Biden administration. As a reminder, in April 2024, the Biden administration refused to purchase oil to refill its reserves.
Initially, U.S. Energy Secretary Chris Wright estimated it would take $20 billion and years to accomplish Trump’s goal of refilling the reserve to its maximum capacity.
Progress is beginning to be made in the wake of falling crude oil prices. Plans are being made to purchase 1 million barrels for the SPR.
More:
https://legalinsurrection.com/2025/10/trump-authorizes-strategic-reserve-refill-as-oil-prices-dip/
