Trump faces uphill battle to replenish oil stockpiles headed to record lows

President Donald Trump campaigned on refilling the United States’s emergency reserves of crude oil as soon as he returned to office, but roughly a year and a half into his second administration, the stockpiles are inching closer to multidecade lows. Industry experts have sounded the alarm over the record-low levels, saying lower stocks could lead to higher prices at the pump or leave the U.S. with fewer supplies to respond to future geopolitical and energy crises. Some analysts are now blaming complacency from Congress and current and past administrations over a failure to refill the oil inventories ahead of what has been called the largest energy crisis in history.

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