
Our national Strategic Petroleum Reserve, located in Louisiana and Texas, now holds approximately 695 million barrels of crude oil. It was created in the 1970’s during the oil embargo crisis and is and now apparently was created as a backup during a national emergency. The spigot has been opened only three times, two in times of national emergency and once as a political move. Number one was during the first Gulf War, number two was after hurricane Katrina […]