Tag: reserves

Biden release of oil reserves to blunt gas prices draws skepticism from friends and foes

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President Biden’s announcement Thursday that the U.S. will release nearly 200 million barrels of oil from the Strategic Petroleum Reserve over the next several months was met with skepticism from Republicans, energy experts and even some in his own party. Both allies and foes were unsure that the planned release … The Washington Times stories: White House

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Biden orders release of strategic oil reserves, says high gas prices not caused by clean-energy push

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President Biden insisted on Tuesday that Democrats’ climate change policies are not causing high gasoline prices, as he ordered the release of 50 million barrels of oil from the Strategic Petroleum Reserve in a bid to ease soaring prices at the pump. Speaking at the White House, Mr. Biden said … The Washington Times stories: White House

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