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Annual Energy Review

September 2012  PDF | previous editions
Release Date: September 27, 2012

Table 5.17 Strategic Petroleum Reserve, 1977-2011 (Million Barrels, Except as Noted)
Table 5.17  Strategic Petroleum Reserve, 1977-2011
                       (Million Barrels, Except as Noted)




Year		 Foreign Crude Oil Receipts Domestic Crude Oil Receipts Withdrawals End-of-Year Stocks

Days of
Petroleum
Net Imports 4

Imported
by SPR
Imported
by Others 1,2

Purchases

Exchanges 2

Sales

Exchanges

Quantity		 Percent of
Crude Oil 3
Stocks		 Percent of
Total Petroleum
Stocks
1977 7.54 0.00 5 0.37 0.00 0.00 0.00 7.46 2.1 0.6 1
1978 58.80 .00 .00 .00 .00 .00 66.86 17.8 5.2 8
1979 24.43 .00 (s) .00 .00 .00 91.19 21.2 6.8 11
1980 16.07 .00 1.30 .00 .00 .00 107.80 23.1 7.7 17
1981 93.30 .00 28.79 .00 .00 .00 230.34 38.8 15.5 43
1982 60.19 .00 3.79 .00 .00 .00 293.83 45.7 20.5 68
1983 85.29 .00 .42 .00 .00 .00 379.09 52.4 26.1 88
1984 72.04 .00 .05 .00 .00 .00 450.51 56.6 28.9 96
1985 43.12 .00 .17 .00 .00 .00 493.32 60.6 32.5 115
1986 17.56 .00 1.21 .00 .00 .00 511.57 60.7 32.1 94
1987 26.52 .00 2.69 .00 .00 .00 540.65 60.8 33.6 91
1988 18.76 .00 .01 .00 .00 .00 559.52 62.9 35.0 85
1989 20.35 .00 .00 .00 .00 .00 579.86 62.9 36.7 81
1990 9.77 .00 .00 .00 3.91 .00 585.69 64.5 36.1 82
1991 .00 .00 .00 .00 17.22 .00 568.51 63.7 35.2 86
1992 3.59 .00 2.60 .00 .00 .00 574.72 64.4 36.1 83
1993 5.37 .00 6.96 .00 .00 .00 587.08 63.6 35.6 77
1994 4.49 .00 .11 .00 .00 .00 591.67 63.7 35.8 73
1995 .00 .00 .00 .00 .00 .00 591.64 66.1 37.9 75
1996 .00 .90 .00 .00 25.82 .90 565.82 66.6 37.5 67
1997 .00 .00 .00 .00 2.33 .00 563.43 64.9 36.1 62
1998 .00 7.98 .00 .00 .00 .00 571.41 63.8 34.7 59
1999 3.04 3.60 .00 1.42 .00 10.75 567.24 66.6 38.0 57
2000 3.01 1.50 .00 2.29 .00 6 33.35 540.68 65.4 36.8 52
2001 3.91 5.07 .58 .00 .00 .00 550.24 63.8 34.7 50
2002 5.77 35.59 .00 7.64 .00 .00 599.09 68.3 38.7 57
2003 .00 22.94 .00 16.40 .00 .00 638.39 70.4 40.7 57
2004 .00 34.24 .00 8.47 .00 5.44 675.60 70.3 41.1 56
2005 .00 18.88 .00 8.41 11.03 9.82 684.54 67.9 40.3 55
2006 .00 3.31 .00 2.44 .00 1.57 688.61 68.8 40.0 56
2007 .00 2.70 .00 1.68 .00 .00 696.94 70.9 41.8 58
2008 .00 7.11 .00 3.20 .00 5.40 701.82 68.3 40.4 63
2009 .00 20.29 .00 4.47 .00 .00 726.62 69.1 40.9 75
2010 .00 .00 .00 .38 .00 .40 726.55 R 68.5 40.5 77
2011 .00 .00 .00 .00 30.59 .00 695.95 67.8 39.7 82
1Imported crude oil received represents volumes of imported crude oil received at SPR storage facilities
for which the costs associated with the importation and delivery of crude oil are the responsibility of the
commercial importer under contract to supply the SPR.		 6Includes 30 million barrels released to increase heating oil stocks in exchange for a like quantity plus a
bonus percentage to be returned in 2001 and 2002, as well as additional barrels to create a Northeast
Home Heating Oil Reserve.
2The values shown for 1998 and 1999 represent an exchange agreement in which SPR received
approximately 8.5 million barrels of high quality oil in exchange for approximately 11 million barrels of lower
quality crude oil shipped from SPR during 1999 and 2000.  Also, beginning in 1999, a portion of the crude
oil in-kind royalties from Federal leases in the Gulf of Mexico was transferred to the U.S. Department of
Energy and exchanged with commercial entities for crude oil to fill the SPR.  Crude oil exchange barrels
delivered to SPR could be either domestic or imported as long as the crude oil met the specification
requirements of SPR.  All exchange barrels of imported crude oil are included in "Foreign Crude Oil
Receipts, Imported by Others," while exchange barrels of domestic crude oil are included in "Domestic
Crude Oil Receipts, Exchanges."		 R=Revised.  (s)=Less than 0.005 million barrels.  
3Includes lease condensate stocks. Note:  "SPR" is the Strategic Petroleum Reserve—petroleum stocks maintained by the Federal
Government for use during periods of major supply interruption.
4Derived by dividing end-of-year SPR stocks by annual average daily net imports of all petroleum. 
Calculated prior to rounding.		 Web Page:  For related information, see http://www.eia.gov/petroleum/.
5The quantity of domestic fuel oil which was in storage prior to injection of foreign crude oil. Sources:  Imported by SPR and End-of-Year Stocks, Quantity:  ·  1977-1980—U.S. Energy
Information Administration (EIA), Energy Data Report, Petroleum Statement, Annual, annual reports.
·  1981-2010—EIA, Petroleum Supply Annual, annual reports.  ·  2011—EIA, Petroleum Supply Monthly
(February 2012).  Imported by Others, Domestic Crude Oil Receipts, and Withdrawals:  U.S.
Department of Energy, Assistant Secretary for Fossil Energy, unpublished data.  All Other Data:
Calculated.
U.S. Energy Information Administration (EIA)