Since Russia’s invasion of Ukraine, President Biden has overseen the largest sale of oil from the Strategic Petroleum Reserve ever, to ease prices at the gasoline pump.Having released 160 million […]
Strategic Petroleum Reserve (US)
Trending topics and news from the Strategic Petroleum Reserve (US) category
Back to news homeBiden will tap oil reserve, hoping to push gasoline prices down.
Energy experts said the reserve release would pack more punch if other countries, like China, also sold oil from their stockpiles. The International Energy Agency, an organization of more than […]
Biden Plan Would Release a Million Barrels of Oil a Day From Reserve
But the price of gas has continued to rise, and the political pressure has not let up.Republicans have hammered Mr. Biden for weeks and have made clear that they intend […]
OPEC Faces Omicron Uncertainty and Rebellious Customers
One thing is for certain when officials from OPEC, Russia and other oil-producing countries meet by teleconference on Thursday to decide how much oil to produce in January.They will want […]