Strategic Petroleum Reserve

E11069

The Strategic Petroleum Reserve is the United States’ large emergency stockpile of crude oil maintained to protect against major disruptions in oil supply and stabilize energy markets.

Observed surface forms (2)


Statements (48)

Predicate Object
instanceOf United States federal program
petroleum reserve
canBeUsedFor exchange agreements with oil companies
test sales of crude oil
commodityStored crude oil
country United States of America
surface form: United States
createdAfter 1973 oil crisis
fundingSource United States federal budget
governedBy federal law
hasFacilityType underground salt cavern storage
hasImpactOn domestic fuel prices in the United States
global oil markets
hasType crude oil stockpile
inception 1975
industry oil and gas
isComponentOf United States emergency preparedness system
isLargestOfType one of the world’s largest government-owned emergency crude oil stockpiles
isRelatedTo International Energy Agency emergency stockholding requirements
isStrategicReserveFor petroleum
isToolOf President of the United States
surface form: United States President
legalBasis Energy Policy and Conservation Act
locatedIn Louisiana
Texas
locationCountry United States of America
surface form: United States
maintainedBy Office of Petroleum Operations
surface form: Office of Petroleum Reserves
maximumCapacity around 714 million barrels of crude oil
operator U.S. Department of Energy
surface form: United States Department of Energy
owner United States government
surface form: United States federal government
partOf United States energy policy
purpose emergency oil supply
energy security
protection against major disruptions in oil supply
stabilization of energy markets
reasonForCreation vulnerability revealed by 1973–1974 oil embargo
releaseAuthorizedBy President of the United States
releaseCondition need to stabilize oil markets
severe energy supply interruption
significant reduction in oil supply
sector energy
shortName SPR
startTime 1975
stateWithSite Louisiana
Texas
storageMedium salt caverns
storageSite Bayou Choctaw storage site
Big Hill storage site
Bryan Mound storage site
West Hackberry storage site

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Energy Policy and Conservation Act establishesProgram Strategic Petroleum Reserve
Energy Policy and Conservation Act hasComponent Strategic Petroleum Reserve
this entity surface form: Strategic Petroleum Reserve program
U.S. Department of Energy owns Strategic Petroleum Reserve
Elk Hills oil field partOf Strategic Petroleum Reserve
this entity surface form: U.S. Strategic Petroleum Reserves system