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US Strategic Petroleum Reserve

Four salt-cavern storage sites in Texas and Louisiana (Bryan Mound, Big Hill, West Hackberry, Bayou Choctaw). Authorized capacity ~714 million barrels.

Updated May 12, 2026 · View on the live map →

Overview

Four salt-cavern storage sites in Texas and Louisiana (Bryan Mound, Big Hill, West Hackberry, Bayou Choctaw). Authorized capacity ~714 million barrels. Maximum drawdown rate ~4.4 million bpd.

Geopolitical context

Created after the 1973 Arab oil embargo as insurance against supply shocks. The 2022 record sale of ~180 million barrels, in response to Russia's invasion of Ukraine, took inventory to a 40-year low. How full the reserve is — and how fast it can be drawn — sets how long the US can cushion a Hormuz-scale disruption.

Recent developments

May 12, 2026 · policy confirmed

DOE awards 53.3 million barrel SPR emergency exchange

The Department of Energy began moving 53.3 million barrels from the SPR under exchange contracts with nine companies (largest: Trafigura, Marathon, ExxonMobil), on top of the 172 million barrels ordered in March. Brent was above $105 at the time.

March 11, 2026 · policy confirmed

IEA agrees record 400 mb emergency stock release; US to release 172 mb

All 32 IEA members agreed a 400 million barrel collective stock release, the largest ever and the sixth in IEA history. The US announced a 172 million barrel contribution from its Strategic Petroleum Reserve and Japan about 80 million barrels. The IEA has called the disruption the largest in the history of the oil market.

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