Oil

U.S. Releases 53 Million Barrels From Strategic Petroleum Reserve Amid Rising Gas Prices

05-28-2026 • https://www.activistpost.com, Sterling Ashworth

The U.S. Department of Energy (DOE) announced Monday, May 11, that it will loan 53 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in an effort to relieve elevated gas and oil prices amid the conflict wi