Jan 19, 2025?

394.57 million.

https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve

Why are you defending Trump? Isn’t this a progressive site?

https://www.dailykos.com/stories/2026/3/9/2370876/-Trump-didn-t-refill-the-US-Strategic-Petroleum-Reserve-before-starting-a-Middle-East-war?pm_campaign=front_page&pm_source=trending&pm_medium=web

You attacked me and claimed I was making up facts.

Got anything to say now?

Could it be because Trump didn’t want any competition from other buyers in the market as he was loading up?

cut nearly in half in 2022?!

The price of gas as we came out of the covid nightmare. I thought Biden was replenishing the reseve over the last 18 months of his tenure.

Now I'm just confused.

People have pointed out to you that the 40 year claim isn't in the article. They have asked you for the source. And you have responded with irrelevant questions. This looks more like an "ends justify the means" disinformation attempt than facts.

The data speaks for itself. I am sorry you don’t understand what I am talking about, but there is no need to attack me.

If you read the link, it actually says that it is higher than it was a year ago, and that the lowest levels were in 2022, which was only 4 years ago, not 40. Where did that headline come from?

Biden sold off 200+ million barrels when prices were high, but prior to that the balance had been been 600 to 700 million barrels since the mid 2000’s, and hasn’t dropped below 450 million barrels consistently since the mid 80’s.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=a

So why, if Trump was planning to attack Iran, wouldn’t the U.S. start buying cheap oil for months in advance? One reason could be that Trump and his friends were buying cheap oil for months in advance, and didn’t want the competition.

Which is clearly false.

Where did that headline come from? It's not anywhere in the link you posted. Was it just made up?

My source is the NEA.

I didn’t realize there were so many Trump defenders on this site.

You believe that the Strategic Petroleum Reserve is currently at the lowest levels it has ever been since 1986, and I believe it is higher than it was in 2022 and also higher than it was just a year ago.

Now moving the goalposts I see; after insisting it was at the lowest levels ever in the last 40 years, now it is "near 40 year lows"

Your own link shows the low was in 2023 (354,684) and it has been rising since then, wouldn't you agree?

You are arguing “at” vs “near” when the practical difference is negligible.

https://www.dailykos.com/stories/2026/3/9/2370876/-Trump-didn-t-refill-the-US-Strategic-Petroleum-Reserve-before-starting-a-Middle-East-war?pm_campaign=front_page&pm_source=trending&pm_medium=web

Time to just admit you were wrong and this was a thread hijack attempt.

That is a fact

If you don't like me calling out false headlines, you are free to put me on ignore

Some of them will be the richest people in human history. Investors will pullout of the American market if this stuff keeps up.

1) The SPR is near 40 year lows.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=a

See the link above.

2) Trump decides to start a major war in the Middle East which will significantly disrupt oil supplies.

3) Trump has been threatening this for months, and even attacked Iran for a few days back in July.

4) Why didn't Trump start building up the SPR last year given that the price of oil was near multi-decade lows, and he knew he was going to start a war in the Persian Gulf?

5) This next part is supposition, obviously, but could the reason have been that Trump and MAGA leadership were front running their own attack of Iran and buying oil futures themselves? If Trump was going to start a war in the Middle East, re-building the SPR would have been the logical and prudent step to take. Why didn't they do it? Either they were grossly incompetent or trading on inside information for themselves.

I believe that there were significant buyers in the oil market leading up to the strikes on Iran. I can't prove it, but I believe that the price of oil should have been even lower than it was, but there were insiders that were trading ahead of the strike.

There have been rumors that some connected investors, including the President himself, have been front running good and bad news from the Trump Administration since his first administration. I and others have posted about this on this site. There has never been another President that has made as many sudden, unexpected announcements that create significant White House-driven volatility across financial and commodity markets.

Investors do not need proof to some legal standard to reach a conclusion that a market is dishonest or unfair. Bad coincidences are proof enough, and investors will start leaving a market that they believe is dishonest and invest in one they think is better regulated and fairer. That is how markets work, and that is how the U.S. became the destination of capital from all around the world. The world thought we were fairer and better regulated. It does not need to be this way, and investors will find another market to invest if our Administration keeps manipulating financial and commodity markets.

Lindsay Graham bragging about all the money "we" are going to make. Who is "we"? Trump insiders?

https://www.aljazeera.com/news/2026/3/9/we-are-going-make-a-tonne-of-money-us-senator-graham-on-us-war-on-iran

Oil prices drop today because other nations/groups are releasing reserves

Link to tweet

He is likely front-running his own announcements.