US oil reserves are so low amid Trump’s Iran war the caverns holding them could be damaged
The supply strain comes as drivers face unprecedented late-summer pump prices, with the national average hitting a mid-August record of $4.07 per gallon
America’s emergency oil stockpile has dropped to its lowest level in 40 years, with experts warning that ongoing withdrawals for the war with Iran could permanently damage the underground caverns holding the crude.
The warnings arrive as American drivers face unprecedented gas prices for late summer. Today’s AAA National Average for a gallon of regular gasoline sits at $4.07, marking the highest levels on record for mid-August.