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Strategic Petroleum Reserve Under Pressure | Wichita News

Strategic Petroleum Reserve Under Pressure | Wichita News

Published 2 weeks, 2 days ago
Description

The Strategic Petroleum Reserve, America’s oil safety net since 1975, is now dangerously low—below 400 million barrels, its lowest since 1983—due to ongoing tensions with Iran and Ukraine. Without these emergency releases, gas prices could soar to $5–$6 a gallon, making the reserve a lifeline for the economy. But with no quick fix in sight, congressional inaction and lingering global instability mean we’re stuck with high prices and a depleted buffer—proof that world events hit us right at the pump.

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