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U.S. Energy Secretary Plans 1.2-for-1 Replenishment Ratio for Strategic Petroleum Reserve

2026-05-15 15:06:06

According to Jin10, U.S. Energy Secretary Wright announced on Friday, May 15, that the United States will replenish the Strategic Petroleum Reserve (SPR) at a ratio of at least 1.2 barrels for every barrel released. Wright stated: "We are now releasing oil, and for each barrel released, we will replenish at least 1.2 barrels into the reserve. Ultimately, we will make the reserve larger than when we started."

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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