Automotive & EV

America's Strategic Oil Reserve Allegedly Nears Danger Zone

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The U.S. Strategic Petroleum Reserve has reached a four-decade low of approximately 243 million barrels, falling below the previously established 300-million-barrel threshold for the first time since 1983. This depletion raises concerns about potential damage to the underground salt caverns used to store oil, impacting their long-term viability and operational safety.

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