Where are the US oil reserves?

Where are the US oil reserves?

The US announced its largest withdrawal of crude oil from its strategic petroleum reserves since they were first set up in the wake of the 1973 oil crisis. The intended result is lower energy prices. But where’s the oil coming from?

The reserves are spread over four sites in the southern US, on the Gulf Coast, where tankers can easily make deposits and withdrawals. The oil is stored in large underground salt caverns, with a maximum capacity of 714 million barrels, though they’re not always at capacity. While adding a million extra barrels a day to the market won’t fix everything, drawing on US reserves can, at least, address the domestic demand for oil.