Post Tagged with: "oil reserve release"

Source: World Oil

House Republicans launch probe of Biden’s oil reserve release

World Oil


(Bloomberg) — House Republicans are launching an investigation into what they say could be the “potential misuse” by the Biden administration of the nation’s emergency oil reserves to lower gasoline prices, as well as White House deliberations over …

Source: World Oil

Biden, allied leaders discuss new round of oil reserve release

World Oil


(Bloomberg) — The U.S. and other major economies this week discussed oil supply and the potential for another round of releases, President Joe Biden’s top national security aide said, raising the prospect of new government intervention to ease …

Source: Fox Business

Biden oil reserve release an ‘ineffectual band aid’ that won’t replace domestic production, critics say

Fox Business


A number of critics, including the U.S. Chamber of Commerce and former President Trump, opposed President Biden‘s decision to tap into the Department of Energy‘s Strategic Petroleum Reserve, slamming the Biden administration for “ineffectual band aids” …