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Oil

The Strategic Petroleum Reserve or SPR is an emergency stockpile of oil located in salt caverns in Texas and Louisiana Gulf Coasts. Learn more about the SPR, how it came to be and what it does in <a href="/node/1088153/">this timeline</a>.

The Strategic Petroleum Reserve or SPR is an emergency stockpile of oil located in salt caverns in Texas and Louisiana Gulf Coasts. Learn more about the SPR, how it came to be and what it does in this timeline.

Oil is used for heating and transportation -- most notably, as fuel for gas-powered vehicles. America’s dependence on foreign oil has declined in recent years, but oil prices have increased.

The Energy Department supports research and policy options to increase our domestic supply of oil while ensuring environmentally sustainable supplies domestically and abroad, and is investing in research, technology and processes to make oil drilling cleaner and more efficient -- including enhanced oil recovery and improved offshore drilling practices.

Featured

U.S. Domestic Oil Production Exceeds Imports for First Time in 18 Years
<div class="field field-name-field-map-byline field-type-text-with-summary field-label-hidden"><div class="field-items"><div  class="field-item odd">Source: Energy Information Administration Short Term Energy Outlook. Chart by <a href="http://energy.gov/contributors/daniel-wood">Daniel Wood</a>.</div></div></div>

For the first time since 1995, U.S. domestic oil production exceeded foreign imports in October.

Carbon Pollution Being Captured, Stored and Used to Produce More Domestic Oil

A breakthrough project in Texas is using carbon capture, utilization and storage technology to safely secure carbon dioxide pollution underground while providing an economic benefit and increasing our energy security.

Our Dependence on Foreign Oil Is Declining
Image courtesy of whitehouse.gov

America’s dependence on foreign oil has gone down every single year since President Obama took office. In 2010, we imported less than 50 percent of the oil our nation consumed—the first time that’s happened in 13 years—and the trend continued in 2011.

Using an Innovative Technique to Retrieve Oil in Lawrence County, Illinois
The ASP flooding technique is helping to retrieve 65-75 barrels of oil a day, an increase from the previous retrieval of 16 barrels a day. | Image by Hantz Leger.

A pilot program for Lawrence oil field in Lawrence County, Illinois, is helping to increase domestic oil production and decrease our dependence on foreign oil.