The Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program.

1 day ago · Trump names bitcoin, ether, XRP, solana and cardano for strategic reserve Bitcoin and ether rise more than 10% on the news Trump has moved quickly to back crypto industry policy priorities WEST ...

20 hours ago · Trump said his order “directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of ...

The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3 ). [ 1 ]

7 hours ago · Cryptocurrency prices jumped after President Donald Trump’s surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump’s growing attempts to use volatile cryptocurrency prices as a barometer of his public support.

The Strategic Petroleum Reserve is a U.S. Government complex of four sites with deep underground storage caverns created in salt domes along the Texas and Louisiana Gulf Coasts. Current inventory - Click to open inventory update window

A strategic reserve is the reserve of a commodity or items that is held back from normal use by governments, organisations, or businesses in pursuance of a particular strategy or to cope with unexpected events.

Sep 9, 2024 · The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.4 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

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Feb 1, 2025 · Strategic petroleum reserves are emergency crude stockpiles stored to support economic activity in the event of a supply disruption. The U.S., China, and Japan are leading crude oil...