The U.S. oil reserve is at a 40-year low — but the government says there’s still plenty of breathing room
First publishedJul 15, 20:52 UTC
Last updatedJul 15, 22:11 UTC · 14m ago
1 outlet
MarketWatch
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Answer
Energy Department says operational minimum for the storage caverns is about 70 million barrels, a level far lower than oil industry estimates
Reported by 1 outlet — MarketWatch. See all sources ↓
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In brief
- What's the story?
- Energy Department says operational minimum for the storage caverns is about 70 million barrels, a level far lower than oil industry estimates
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 14m ago.
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The U.S. oil reserve is at a 40-year low — but the government says there’s still plenty of breathing room
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Avg source rating 7.0/10Processing cluster
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