"US Struggles to Meet Demands for SPR Refills Due to Physical Constraints"

The US is refilling its Strategic Petroleum Reserve (SPR) at a rate of 3 million barrels per month as oil prices decline, but there are physical limits to how much can be stored, according to a top energy official. The SPR currently holds 352 million barrels, less than half of its 2010 peak, and the Biden administration aims to continue refilling it as much as possible. However, the current rate of 3 million barrels per month represents the physical limit of the US's capacity to buy back oil.