I've read the strategic reserves are more a political play, and a impressive engineering feat, but actually drawing them down doesn't provide nearly the economic value versus just the fact we have them.
https://en.wikipedia.org/wiki/Strategic_Petroleum_Reserve_%2...
Actually, Cushing storage is not that much. Unlike SPR, it is mostly short term storage in between transit. Cushing is a transfer point between different pipelines that connect at Cushing which also later became a delivery point for oil and gas futures traded in futures market.
US imports are about 1/4 of consumption (http://www.eia.gov/tools/faqs/faq.cfm?id=32&t=6), so total reserves (including commercial storage) should be around 25 days.
As to Cushing, from both the article and what you say I would be more concerned about losing those pipes than of losing the oil stored there.
We use a lot of stuff.
[1] http://www.ers.usda.gov/data-products/chart-gallery/detail.a...