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Biden defends his release of oil reserves from criticism that it's politically motivated

Por: MarketWatch Politics October 19, 2022

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The president also appeared to refer to how releases from the SPR have been going on for some time, as he said: “Where have they been the last four months?” The latest release completes the historic drawdown of 180 million barrels that and that began in May, as Russia’s invasion of Ukraine spurred rises in fuel prices. It comes as the White House aims to respond to a production cut by OPEC+ and lower gasoline prices ahead of the .... + full article



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