US oil reserves drop towards Reagan-era lows, 'significant impact at the pump' coming, experts warn The U.S. Strategic Petroleum Reserve hits a three-year low of 349.2 million barrels, nearing levels not seen since the Reagan administration in 1983. Original Source: https://www.foxbusiness.com/energy/us-oil-reserves-drop-towards-regan-era-lows-significant-impact-pump-coming-experts-warn