Under his own administration, as this publication reported in May, the SPR posted its largest single-week drain on record. Its May Short-Term Energy Outlook lists SPR crude at 413.5 million barrels at the end of 2025, falling to a forecast 243.5 million barrels by the end of 2026. Biden drained the oil reserves for wholly political benefit in the lead up to elections. 413 million barrels of crude oil at the end of 2025’ There was only 394 million barrels at the end of 2024. The U.S. Strategic Petroleum Reserve (SPR) held roughly 346.8 million barrels in mid-2023, which was a 40-year low following a historic release of 180 million barrels.