The United States' Strategic Petroleum Reserve (SPR) has reached its lowest level in 40 years.
The United States’ Strategic Petroleum Reserve has been depleted over the course of the Iran war, raising concerns about sustainability and potential damage to the salt caverns storing it. PULSE POINTS WHAT HAPPENED: The United States’ Strategic Petroleum Reserve (SPR) has reached its lowest level in 40 years. DETAIL: On Monday, it was revealed that the U.S. SPR had dropped below 300 million barrels due to ongoing withdrawals for the Iran war, which began in late February. The depletion of the country’s SPR has contributed to record-high gas prices for mid-August, with the national average reaching $4.07 per gallon, according to AAA Gas Prices. The SPR was initially designed to handle five full drawdowns over its lifespan, but it…Open
0:00 James Talarico bashed the American flag! Wrong for Texas? Robby Soave | RISING 11:56 US, Iran trade fire after five drones downed over Hormuz Strait | RISING 18:44 E. Jean Carroll being criminally investigated by DOJ over alleged perjury: Reports | RISING 24:40 Megyn Kelly, New York Post call out Trump over IRS slush fund, 'corruption!' Lindsey Granger | RISING 34:04 Jill Biden admits Joe Biden stumbled at 2024 debate: 'he's having a stroke' | RISING 41:48 Sharyn Alfonsi goes off on Bari Weiss, Paramount after CBS declines to renew contract | RISING
Watch Rising's full episode: May 4th, 2026. 0:00 Spirit Airlines is dead - thanks a lot, Elizabeth Warren! Robby Soave | RISING 11:35 Two US-flagged ships pass through Hormuz Strait amid new naval escort, 'Project Freedom' | RISING 21:57 MAGA influencer, J6 rioter swept up in FL trafficking, prostitution sting: Lindsey Granger | RISING 33:12 New poll: Americans outraged by high gas prices: most blame Trump | RISING 41:28 Trump rants against Fox News, Bill Maher for interview with Gavin Newsom | RISING
Iran has imposed taxes for safe passage through the strait, forcing ships to pay a $1 tax for every oil barrel on a tanker that is trying to get through the strait.