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How will the US refill its dwindling oil reserves?

NPR· Sep 22, 2026· 9m 10s

Whether it’s oil from Venezuela or somewhere else, the U.S. Strategic Petroleum Reserve needs to be refilled. The SPR is widely considered critical for energy security. On today’s show, the challenges to refilling the reserves at a time of high federal debt and climbing gas prices. Fact-checking by Sierra Juarez . Your Next Listen — So… how long before these oil prices get REALLY bad? Connect with The Indicator — Sign up for The Indicator’s weekly newsletter ! — Buy the Planet Money book — Find

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How will the US refill its dwindling oil reserves?

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Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24