Updated Strategic Petroleum Reserve “milestones”
October 5, 2022 by offshoreenergy
- Largest-ever one year SPR decline – 203 million bbls or 32.8% (9/24/2021 to 9/30/2022)
- 42.8% decline since 2010
- 78 consecutive weeks of decline – 4/9/2021 to 9/30/2022
- 84 million bbls below the strategically important 500 million barrel threshold which was first breached (on the downside) on 6/24/2022
- Lowest inventory since 7/6/1984 when the SPR was being filled
Above numbers are end of year volumes except for 2022 which is as of 9/30
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Posted in energy policy | Tagged dubious milestones, SPR depletion, Strategic Petroleum Reserve | Leave a Comment
Bud's Offshore Energy (BOE) 
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