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CNBC

Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations

Saturday, August 15, 2026


The U.S. Strategic Petroleum Reserve has declined to levels where further drawdowns could damage the salt caverns used for storage, according to energy officials and industry engineers. The reserve stores crude oil in underground salt domes in Louisiana and Texas. Current inventory levels have prompted discussions about the pace of future withdrawals and maintenance of the storage infrastructure.

Original reporting: https://www.cnbc.com/2026/08/15/strategic-petroleum-reserve-spr-oil-iran-war-caverns.html

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