Tuesday, August 4, 2026
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Greg Brush: Facts matter, and so do Kenai kings

By GREG BRUSH

It’s really quite simple. It’s not easy… but it’s simple: Remove all emotion and focus on the facts alone when making difficult decisions that cannot possibly please everyone. 

No, I’m not talking about gun control or the dreaded virus; rather, it’s fishery politics in Alaska once again.

Cook Inlet set-netters have recently filed a lawsuit against the State of Alaska over the fisheries closure, claiming that the Alaska Department of Fish and Game is managing the Kenai River to the benefit of other user groups, namely sport and personal-use fishermen. The leaders of the City of Kenai have chosen to enter this fracas, rather than just manage the city. 

Highly emotional, they are demanding that the State immediately reopen the fishery to the 400-plus set-net fishermen who are currently prohibited; repay them for lost revenue; and change the management plan at once. 

Whoa, Nellie — the fishery is closed for a reason and this lawsuit reeks of extreme emotion. 

The problem with extreme emotion is that facts are  often forgotten or conveniently overlooked when one acts with emotion and proceeds with rash actions, such as a lawsuit. 

The set-net fishery is closed because this year’s Kenai River late-run chinook salmon numbers are at historic lows, much like last year, and the year before, and so on.

Studies and data (facts) derived from studies show this is not the common ebb-and-flow of salmon runs nor an anomaly. It is a clear downward trend, in which the late-run will not meet its minimal, let alone its optimal, escapement goal for the fourth year in a row, truly threatening the future of the largest wild salmon on the planet forever. 

User groups are restricted presently so that this tragedy might be avoided. 

Personal use dip-net fishermen cannot retain a king. In-river private anglers, nor guided anglers, cannot wet a line for kings. Sadly, it is the east side set net fishery that is closed, solely because this methodology indiscriminately kills Kenai kings while harvesting sockeye. These restrictions are placed in effect solely for Kenai king salmon conservation. No less, no more. 

“But, but, but… in-river sport fishermen still get to fish for sockeye, and we don’t. That’s not fair!” you say. 

Life is not fair. I used to make a living guiding big, beautiful Kenai Kings, but now I do not, and that’s not fair. Honestly, fair is an arbitrary term, subject to interpretation. What’s fair to Bill, isn’t fair to Bob. 

Importantly, the word fair wreaks of emotion, and this country as well as this great state, doesn’t need more emotion right now. What we need is to get back on track with facts; managing our country, our state, our cities, and our precious fisheries through the proper process and the rule of law. 

About that, the State of Alaska, through its Department of Fish and Game, has this process called the Board of Fisheries, where all issues, concerns and regulations are addressed. Through that process, the management plan is created. 

To keep all this on track, within the Department of Fish and Game’s management plan are extremely important words such as “conservation” and “sustainability for the future.” 

In fact, if one actually reviews Fish and Game’s long standing mission statement, one will see that the second and third words within “Our Agency’s Mission” are actually the terms “protect” and “maintain.” 

That’s not by accident. Those two simple words are there for a reason (as is the process as well as the management plan) which is simply because protecting and maintaining OUR resource must always come before “use, user, allocation, opportunity, economy, etc.”

Mass emotion isn’t helpful. Nor are lawsuits, division or hatred in our community. We have far too much of that these days. 

Facts are facts and the data is clear: Late-run Kenai River kings just aren’t struggling; they are in clear peril and at the precipice of going the way of dinosaurs. 

The State, the Department of Fish and Game, and Commissioner Doug Vincent-Lang need only to stay resolute and continue to prioritize one thing: conservation, conservation, conservation, in order to protect and maintain.

Don’t let the noise nor the disgruntled litigation of one user group distract you, sir… as the bulk of this community and this great State is willing to bear the burden of conservation to hopefully see our big fish rebound. 

Stay steadfast on your process, your principles, and your important mission statement, Fish and Game, making the choices and decisions that might give these iconic wild chinook a fighting chance to rebound, so as all Alaskans and all user groups might someday be able to watch their children, and their children’s children, enjoy the biggest wild salmon in the world. 

It’s not easy, but it’s simple. 

Greg Brush is a Kenai king conservationist, sockeye guide, and owner of EZ Limit Guide Service. 

Air Force grounds F-35s over ejection seat concern

The Air Force’s most sophisticated combat fighter jet is grounded for the time being. The U.S. Air Force won’t fly almost all F-35s in the United States, after problems were found with explosive cartridges that propel the pilot ejection seat out of the aircraft. The Navy has found the problem in some of their jets, and has been able to replace the faulty parts.

The Air Force said last week it was ordering inspections of all the F-35’s ejection seats within the next 90 days and has enough of the cartridge inventory to replace any faulty ones it finds. On July 29, it grounded the planes that had not already been assessed.

Eielson Air Force Base in Fairbanks has has completed a two-year buildup of F-35s, with squadrons comprised of two operations squadrons of 54 permanently assigned, F-35A Lightning Aircraft.

Alaska has the distinction of being the state with the most concentrated combat-coded, fifth-generation fighter aircraft. Alaska is considered the premier training location in the United States and is home to the Joint Pacific Alaska Range Complex’s more than 75,000 square miles of airspace.

Monkeypox makes it to Alaska

The first case of monkeypox has been diagnosed in Alaska, discovered in an Anchorage resident, according to the Alaska Department of Health.

The individual had not traveled but was a close contact of an individual who had recently traveled outside of Alaska.

The Alaska Section of Epidemiology is continuing to work to identify people who may have been exposed to monkeypox in Alaska. Any close contacts will be notified and offered vaccine. People with close contact exposure to monkeypox are generally advised to reach out to their clinician or public health center for evaluation. Testing for monkeypox is available in Alaska, as is a limited supply of the JYNNEOS vaccine.

Vaccine is prioritized for people who have been identified as having close contact to someone with monkeypox within the last two weeks. Currently, vaccination to prevent monkeypox is not recommended for the general public.

Monkeypox does not spread easily between people, the Department of Health reminded the public. Transmission is possible either through skin-to- skin contact with body fluids or monkeypox sores, through direct contact with contaminated items such as bedding or clothing, and through exposure to respiratory droplets during prolonged face-to- face contact. While anyone can get or spread monkeypox, in the current outbreak in the United States, most cases have occurred among gay, bisexual, and other men who have sex with men.

“While the risk of monkeypox infection remains low for the general population, it is important for people who might be at increased risk for exposure to be aware of how to prevent transmission and what signs and symptoms to look for,” said Dr. Joe McLaughlin, state epidemiologist and chief of the Section of Epidemiology.

Monkeypox symptoms typically start with flu-like symptoms including fever, headache, chills, muscle aches and exhaustion within 1 to 2 weeks of exposure. The rash appears soon after. Some may only develop the rash. People infected with monkeypox are typically sick for 2-4 weeks.

“The best thing folks can do if they’re experiencing monkeypox symptoms or come across a new, unexplained rash is to stay home and contact their health provider right away,” said Dr. Brian Piltz, medical officer at the Anchorage Health Department. “This will allow us to deliver prompt treatment and rapid identification of close contacts who may be eligible for vaccination.”

To prevent the spread of monkeypox, avoid close contact with people who have recently been diagnosed with monkeypox or with people who have monkeypox symptoms such as a characteristic rash. If you are in close contact with someone who has symptoms, for example if you live with someone who has monkeypox, wear a face mask, limit skin-to-skin contact and wash your hands with soap and water or use hand sanitizer.

Jim Crawford: Who to vote for? Those who will protect our Permanent Fund dividends

By JIM CRAWFORD

Given the passage of Ballot Measure 2 last year, which gave us the insanity of rank choice voting, the safe world that Alaska voters knew, exploded.  

Going from a partisan primary, which identified conservatives and liberals to the public, to a completely nonpartisan primary race where no one can really tell who is what, is at least a sea change. The new system leaves many voters adrift without their rudders and anchors, depending upon candidates to provide truthful information on their history and their current stands on issues.  

Most important to Alaskans is the formulation and implementation of the Alaska Permanent Fund dividend. It is the capitalization of the private sector in Alaska and the reward for our savings plan.  You could call it Alaskans retirement fund.  

The good news is that each qualified Alaskan will receive $3,200 this year. The bad news is the Legislature’s majorities refused to change the statute, which requires 50% of the earnings of the Alaska Permanent Fund to be paid in a dividend to its owners. Each Alaskan who qualifies for the dividend and intends to remain in Alaska should be an advocate for protecting the dividend. The polls prove that high-water mark.  

The refusal of incumbents or challengers to be advocates for the people’s dividend is the new benchmark which should be used by voters to judge for whom to vote. Is it a misrepresentation to tell the voters that you will be an advocate for a full dividend, and then vote to not provide the funds to do so? Don’t forget that we have a $3.2 billion surplus this budget year.   

Those of us fortunate enough to have served with Gov. Jay Hammond, the father of the Alaska Permanent Fund, remember his purpose in establishing the dividend. He wanted to build a system of political support to keep the ever greedy from raiding the fund through appropriations. 

Politics and particularly partisan politics have a bad reputation. But in my decades as an officer of the Alaska Republican Party, I’ve learned that the partisan advocacy works well for most people. For example, most Republicans qualify as being conservatives either social or fiscal conservatives or both.  

Most Democrats are liberal, either moderates or extremes. As former president of Permanent Fund Defenders, a nonprofit, nonpartisan group, I established a new personal constraint for whom receives my vote: I won’t vote for a candidate who advocates or votes for a budget that does not contain at least 50% of earnings of the Alaska Permanent Fund.  

The purpose of the dividend then and now is to grow the private sector and private jobs. The public sector, as illustrated by the Alaska National Education Association, has enough from the public purse. Alaska education funding is a great example of Legislative excess. The NEA in the last session of the Legislature obtained funding to fill the total Fiscal Year 2023-year budget of $4.528 billion dollars. Then the Legislature voted to extend full funding of Fiscal Year 2024 operating and capital budgets for each year. 

How’s that for political juice? School debt reimbursement from prior years was also appropriated to the tune of $425 million.  

The Higher Education Investment Fund was also authorized to capitalize $395 million and establish one more unconstitutional dedicated fund. Our kids test 49th out of 50 in the nation in reading and math scores, while the Legislators increased the formulae funding for FY 2024 by another $30 million. I am not anti-education, but I do think that spending should be directly accountable with achievement and results with our kids.  

Some legislators want to put 100% of Permanent Fund earnings into state government. They made major progress in the last Legislature.  Fortunately, Gov. Mike Dunleavy insisted upon a higher dividend and supplemented that request with an energy allowance for each Alaskan. But the reward for Alaskans in our Permanent Fund frugality has been stolen, a piece at a time, by those legislators who will never support the statutory approach to calculating the dividend.  

The original statute was based upon earnings of the Permanent Fund. Last year, the Alaska Permanent Fund made a profit of $19.2 billion which should result in an increase in your dividend for the next five years. It didn’t and won’t because of the change by legislators who gave us the “Percent of Market Value,” (POMV) value calculation to the fund and its dividend.  

Then they have the audacity to claim we’re overspending if we pay the full dividend. Instead, we got legislative majorities that gave the General Fund a $1.5 billion raise, while reducing the amount of the dividend. Our collective job is to determine who these charlatans are and remove them from office.

When a legislator openly violates the statutes of the state, they should be removed from office. The statute that governs dividends can be amended by a majority of legislators. The dividend statute was not been amended since that would establish a clear and probable cause for removal by voters. What we’re left with is catching legislators in a lie. They advocate for the people’s dividend at the statutory level during their campaigns, then vote our dividend during the legislative session.  

In the last set of elections, we removed nine incumbents of the House and Senate who were caught lying or were philosophically misaligned with the voters’ demand for a full dividend from the people’s fund. That’s half the job.

This year we need to continue to clean House (and Senate) from those who oppose what is best for Alaskans.      

Jim Crawford is the former President of Permanent Fund Defenders, pfdak.com, an Alaska based educational nonprofit corporation.  Jim is a third generation, lifelong Alaskan who co-chaired the Alaskans Just Say No campaign to stop the raid on the Permanent Fund in 1999.  He also served Governor Hammond as a member of the Investment Advisory Committee which formed the investment and corporate strategy of the Alaska Permanent Fund Corporation in 1975.   

New poll shows Nick Begich beats Democrat Mary Peltola, but Palin will lose to her in Alaska’s ranked choice voting

A poll by Alaska Survey Research shows Nick Begich and Sarah Palin are neck-and-neck, with Begich having a slight advantage among likely voters on Aug. 16, in the three-way special general election to fill out Congressman Don Young’s term. This is the second public poll that shows Palin losing in a matchup with Democrat Mary Peltola.

In the first survey of voters since the Trump rally on June 9 in Anchorage, the survey shows that for the first round of counting in the ranked choice scenario, Palin actually comes in third:

  • Democrat Mary Peltola: 41.1%
  • Republican Nick Begich: 29.6%
  • Republican Sarah Palin: 29.4%

For round two, Palin is eliminated, leaving the final showdown between Begich and Peltola, according to this poll, the most current publicly available polling information that takes in account the ranked choice voting system.

In the round 2 counting of this universe of voters, Begich wins 54.7% to Peltola’s 45.3%.

In a hypothetical round where Begich is eliminated, Peltola would win in a matchup with Palin, 51-49%, the survey predicts.

Ivan Moore, who owns Alaska Survey Research, ran the analytics, which show Palin has just 15% chance of winning on Aug. 16.

“For the math nerds, a little playing around with standard errors and normal distribution tables yields the following probabilities of being Alaska’s next Congressional Representative: Begich 50% Peltola 35% Palin 15%,” he said.

“That’s Palin’s negative rating coming into play right there,” he said. Palin’s negative rating is 61% among registered voters, and her positive rating is 31%, a little more than she received in the special primary election in June.

“The results are even more compelling if we tighten the screen and just look at the 928 voters who said they’re ‘certain’ to vote in the primary. Begich still pips Palin in the three way, going on to beat Peltola 53-47. The hypothetical Peltola-Palin matchup is 52-48,” he said, with Peltola, once again, beating Palin.

Alaska Survey Research conducted the poll on July 20-25, with a universe of 1,423 registered Alaska voters. Of those, 1,219 were likely primary voters, and 967 were “certain” to vote.

Monkeypox messaging: World Health Org. says gay men should limit sexual partners ‘for the moment’

The World Health Organization says that behavioral changes are needed: Men having sex with multiple other men should limit their sexual partners to lower the risk of infection and reduce the spread of monkeypox.

“That means making safe choices for yourself and others, for men who have sex with men,” WHO Chief chief Tedros Adhanom Ghebreyesus said. “This includes, for the moment, reducing your number of sexual partners.”

99% of the cases of monkeypox are among men, and at least 95% of those patients are men having sex with men, according to WHO.

WHO also called on media, public health authorities and government to fight stigma and discrimination, which the agency said will only fuel the outbreak, although it didn’t say how it would fuel the outbreak.

The U.S. Centers for Disease Control has a slight different message than WHO. While agreeing that monkeypox is primarily a gay sex disease right now, the CDC is emphasizing that anyone can get monkeypox. The CDC is also cautioning health agencies and the media from using photos that show severe cases of the illness.

The current count of cases in the United States stood at 4,907 on Wednesday. Only Wyoming, Montana, Vermont, and Alaska have no reported cases yet, and New York City leads the nation in infections. The Biden Administration said Thursday that more than 780,000 doses of vaccine will be available Friday, in addition to the 300,000 doses of monkeypox vaccine distributed earlier this month, for a total of 1.1 million doses. 

“Anyone can get monkeypox, and CDC is carefully monitoring for monkeypox in the United States. CDC is working to provide frontline healthcare providers and public health officials with information about what monkeypox looks like and how to manage the illness. Many—though not all—of the reported cases have been among gay and bisexual men. Given this, CDC is focusing on identifying and using specific channels that will directly reach gay and bisexual men across racial, ethnic, socioeconomic, and geographic backgrounds. In addition to this focused messaging, CDC is also providing information to a wider audience about symptoms and the behaviors that can lead to the spread of monkeypox,” the CDC said.

The CDC advice to health professionals has at least two parts: One is for general audiences, and one is for gay men. For the general audience, the CDC recommends health professionals saying that “anyone can get monkeypox.”

The CDC says, “Focusing on cases among gay and bisexual men may inadvertently stigmatize this population and create a false sense of safety among those who are not gay and bisexual men.”

The advice continues: “Promote messaging that provides information on what monkeypox is and how it can spread and encourages seeking health care if experiencing monkeypox-like symptoms.”

“When using images of the rash from patients with monkeypox, focus on how cases typically appear in the current outbreak and avoid showing extreme cases, unless necessary.”

“In some situations, such as healthcare provider education, it may be necessary to show extreme case presentations. Carefully consider the audience and whether only presenting images of how cases typically appear may accomplish the same goals.”

“Include pictures of people from diverse backgrounds and racial/ethnic groups.”

But for health professionals talking to gay men, the communication is tailored:

“It’s important to reach any disproportionately affected community with non-alarmist, fact-based messaging about monkeypox that provides people with tools they can use to protect themselves and others.”

“When focusing messages to gay, bisexual, and other men who have sex with men, use targeted channels that directly reach these audiences, such as specific websites, dating apps, or media programs.”

“To help make messages resonate, use relatable or personal stories that depict people ‘like me’ from the intended audience.”

“Messaging and dissemination tactics may need to be adapted to reach the communities who need the information as we learn more about the current monkeypox outbreak.”

Read more about how the CDC is framing the communication around monkeypox at this link.

Learn more about what the CDC is advising doctors regarding monkeypox at this link.

Ask Bernadette: If everyone wrote in random names to fill out their ranked choice ballot, could the leading candidate not reach the winning 50+1?

Editor’s note: This is the fifth in our series of questions about ranked choice voting, which is part of the new voting methodology brought to Alaska by Ballot Measure 2 via Alaskans for Better Elections. Voters continue to ask questions about how to understand the general election ballot, which they will face for the first time on the reverse side of the Aug. 16 primary ballot. The special general election question will determine who fills out the remainder of Congressman Don Young’s term in office. At the end of this Q&A, you can find previous editions of this series and get more of your questions answered by posing questions in the comment section.

Our answers are given by election expert Bernadette Wilson, state director of Americans for Prosperity Alaska. While Wilson does not necessarily support the ranked choice voting system, she has studied it enough to become an expert.

Question: If all voters wrote in random names to fill out our ranks on the ranked choice ballot, is it possible the final leader would not meet the 50%+1 target? Would they still win, or would there have to be a runoff?

Bernadette Wilson: While this is a theoretical question and it is unlikely that everyone would write in names on the write-in line that is on the ballot, there is no scenario in which this would lead to yet another runoff election. It’s mathematically impossible because the universe of eligible ballots shrinks with each round of counting.

If you vote for a write-in candidate and that same write-in candidate gets the least amount of votes, your write-in choice would be disregarded and your second choice would be in the spot to be counted in the next round of counting.

If at any point in the counting process, your choice of candidate gets disqualified from the counting due to lack of votes, and simultaneously you have not voted for another candidate, then your ballot gets disregarded. Your ballot is exhausted.

Each time a ballot gets disregarded (or “thrown out“) the total number of ballots left shrinks to a new universe. The number needed to win is once again 50% + 1, but the total number of ballots being counted is now fewer than the previous round of counting.

For example, let’s assume we look at a cohort of 100 people’s votes out of 1,000 votes cast. Out of those 100 votes, let’s assume that they all made the same first choice, but that same first choice gets the least amount of votes among the 1,000 voters in the first round of counting and therefore that particular candidate gets disqualified. If only 20 people out of that 100 voted for a second choice, that means that 80 people have now essentially not voted in the second round of counting, reducing the total number of votes needed to win.

Regardless of how many individuals choose to write in a candidate’s name, the process for counting ballots remains the same. The Elections Division is looking for 50% + 1 of the total number of votes that are in play in each particular round of counting.

The bottom line: When the election is all said and done, the Division of Elections is not looking for 50% +1 of the total number of ballots that were originally cast. It is only 50% + 1 of the ballots that are in play in the final round of counting.

Dive deeper: More information on how ranked choice voting works will be at this free Aug. 4 event at the Wilda Marston Theater in the Loussac Library at 36th Ave. and Denali Street. Parking is free and the event is free:

Watch Bernadette Wilson explain how ranked choice voting works at this link:

https://www.facebook.com/AlaskaAFP/videos

Previous questions:

Ask Bernadette: Ranked choice voting Q&A series

Ask Bernadette: What are the ramifications of voting for just one person on a ranked choice ballot?

Although Biden tries to redefine it, recession is here

By CASEY HARPER | THE CENTER SQUARE

U.S. gross domestic product decreased by 0.9% in the second quarter of 2022, according to new data from Bureau of Economic Analysis, signaling the start of an economic recession in the U.S.

“The decrease in real GDP reflected decreases in private inventory investment, residential fixed investment, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by increases in exports and personal consumption expenditures…” the BEA said Thursday.

Economists have warned for months that a second consecutive quarter of negative GDP growth would officially signal the U.S. has entered a recession. GDP also shrank in the first quarter of 2022, by 1.6%.

In anticipation of these numbers, the White House in recent days has insisted there is no recession, questioning the standard definition of two consecutive quarters of negative GDP growth.

“As Secretary [Janet] Yellen said on Sunday, two negative quarters of GDP growth is not the technical definition of recession,” Brian Deese, Biden’s director of National Economic Council, told reporters this week. “It’s not the definition that economists have traditionally relied on.”

Critics blasted the Biden administration, arguing it was reframing the data for political purposes.

“Question: Out of the past 10 times the U.S. economy has experienced two consecutive quarters of negative economic growth, how many times was a recession officially declared?” Michael Strain, director of Economic Policy Studies and senior fellow at the American Enterprise Institute, wrote on Twitter. “Answer: 10.”

Notably, Google’s dictionary in conjunction with Oxford Languages defines recession as “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”

Despite pushback from critics, the White House has continued to argue the definition of recession.

“But from the President’s perspective, putting that technical question aside, the most important question economically is whether working people and middle-class families have more breathing room, they have more job opportunities, their wages are growing up — going up in a — in a stable way, and they’re able to afford the important things in their lives…” he added.

But 41-year high inflation has surpassed wage growth.

Those concerns have been top of mind for Americans as gas prices hit record highs last month before dipping down, though gas prices still are at levels much higher than the same time last year.

Meanwhile, the latest federal inflation data showed consumer prices rose 9.1% in the previous twelve months while the U.S. Bureau of Labor Statistics’ producer price index rose 11.3% in the same time.

Casey Harper is a Senior Reporter for the Washington, D.C. Bureau. He previously worked for The Daily Caller, The Hill, and Sinclair Broadcast Group. A graduate of Hillsdale College, Casey’s work has also appeared in Fox News, Fox Business, and USA Today.

Murkowski doesn’t blame Biden for recession, but asks him to move ahead on Willow Project in Alaska

U.S. Sen. Lisa Murkowski issued the following statement after the U.S. Department of Commerce released data showing real gross domestic product contracted by 0.9 percent in the second quarter of 2022, following a decline of 1.6 percent in the first quarter of 2022. Two consecutive quarters of GDP decline indicate the U.S. economy is in recession.

“Between falling GDP, rising interest rates, high gas prices, the highest inflation in four decades, stagnating wage growth, and warning signs in the workforce and housing markets, there is no question that our economy is troubled. The Biden administration has a responsibility to face that head on, not to try to redefine what it means to be in a recession,” Murkowski said. “The current economic reality is hurting American families and businesses. This is not the time to spend or tax hundreds of billions more; it is time to start approving common sense development projects like Willow that will help bring down inflation, create jobs, and return our economy to growth—at no cost to taxpayers.”

The Willow project is supposedly supported by the Biden Administration, but was held up by a judge who remanded the record of decision back to the Bureau of Land Management on Aug. 18, 2021. The agency came forward with a partial environmental impact statement, but is slow-walking its response to the court decision; the Biden Administration is manipulated by the environmental nonprofit organizations that overly influence the Administration and ignore or run circles around the declining president.

Murkowski may or may not be influential with Biden, but she was a vocal opponent of President Donald Trump, who acted quickly in his presidency to open up opportunity for Alaska’s economy, pushed the Willow Project, and led America to what was arguably the most successful economy in history.

The Willow Project is in the Northeast corner of the National Petroleum Reserve-Alaska. The area holds about 600 million barrels of oil, or more than is currently left in the U.S. Strategic Petroleum Reserve. But it will take years to bring that oil to market, with the lawsuits and delays from the government. It is not the answer to the immediate supply problem with energy.

Meanwhile, the Biden Administration announced it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve, after releasing one million barrels per day from the reserve since March.

The SPR is the national energy security vault that is held in salt caverns on the coasts of Louisiana and Texas. Created following the 1973 energy crisis and having storage capacity of up to 713.5 million barrels, the Strategic Petroleum Reserve currently holds the lowest level reserve since 1987, with just 538 million barrels.