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U.S. crude oil stockpiles hit record lows amid rising gas prices
Jun 17, 2026, 7:49 PM20
(Update: Jun 17, 2026, 9:25 PM)
business
impactful
controversial
U.S. crude oil stockpiles hit record lows amid rising gas prices
- Crude oil stockpiles in the U.S. have reached their lowest levels since 1983, with significant declines reported.
- The U.S. government has been utilizing its Strategic Petroleum Reserve to help manage rising gas prices amid supply constraints.
- Experts warn that without immediate relief, a significant price spike in gas prices is likely in the near future.
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2026 All rights reserved