If you've ever been curious about exactly how the Strategic Petroleum Reserve works (or doesn't), how it's been used historically, and what impact it could have in the future, I highly recommend checking out one or both of these Cato Institute podcasts with Jerry Taylor and Steve H. Hanke. I found their coverage very interesting and enlightening.
Short discussion (11 minutes):
Or download it here.
Full presentation: Download here.
The Cato page for the event is here.