[U.S. Energy Secretary Wright: The U.S. currently has 415 million barrels of oil reserves and still plans to increase holdings in a year] U.S. Energy Secretary Wright: The U.S. currently has 415 million barrels of oil reserves and still plans to hold more strategic oil reserves in a year. U.S. President Trump is concerned about rising energy prices in the short term. The release of part of the strategic oil reserves is aimed at ensuring short-term oil supply in the Asian region.