Por: The Hill Politics October 18, 2022
The White House on Tuesday brushed off questions about whether it will release more oil from the Strategic Petroleum Reserve to deal with rising gas prices, even as it said an announcement will be coming tomorrow. “I don’t have anything to announce at this time… we are going to make an announcement tomorrow so I will let the president speak for himself,” White House Press Secretary Karine Jean-Pierre told reporters on Tuesday when asked... + full article
ABC News USA Business October 19, 2022
As rising gas prices strain the budgets of many Americans, President is set to announce on Wednesday moves that aim to address the oil supply shortage behind the cost spike.Most notably, the announcement includes the release of 15 million barrels of oil from the nation's... + más
EXPLAINER: What is the Strategic Petroleum Reserve? | ABC News
US Sanctions International Network Of Companies Selling Iranian Petroleum Products | RTTNews
Portland Press Herald USA World October 19, 2022
On Wednesday, President Biden announced another release of oil from the Strategic Petroleum Reserve. The White House released a huge amount of oil this spring, aiming to temper gas prices that had been driven up, in part, by Russia’s invasion of Ukraine and the U.S. ban on... + más
What is the Strategic Petroleum Reserve? | ABC News
Forbes USA Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an... + más
OPEC Thumbs Its Nose At President Biden | Forbes
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
Portland Press Herald USA World October 08, 2022
When the Organization of the Petroleum Exporting Countries and its partners – often known as OPEC Plus – announced a production cut of 2 million barrels of oil on Wednesday, the reaction in the United States was less than positive. In a statement, the White House called the... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
No Need For Russian Crude Price Cap; Markets Will Do It Themselves. | Forbes
Orlando Sentinel USA Business October 06, 2022
FRANKFORT, GERMANY — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the law of supply and demand suggests that can only mean one thing: higher prices are on the way for crude, and for... + más
Forbes USA Business October 05, 2022
Getty Images Key Takeaways Oil prices have been on a wild ride over the past two years. They have gone from dropping to negative amounts at the start of the pandemic to $160 per barrel earlier this year, and have now declined by half their value since their highs. Investors and... + más
Forbes USA Business September 30, 2022
The looming EU ban on Russian crude imports, a deepening global economic contraction, and simple logistics costs will dramatically limit Russia’s oil revenues.Russian oil revenues will fall hard as the global economy weakens and the European Union ban on ... [+] Russian crude... + más
EU countries approve energy windfall levies, turn to gas price cap | CNBC
Allies aim for risky Russian oil price cap as winter nears | WPLG Local 10
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