Por: ABC7 World October 20, 2022
The open question is whether the announcement makes a difference with voters in Senate and House races in November that could be decided by razor-thin margins. Biden's announcement comes as gas prices have declined over the past two weeks. Yet a gallon of gas still averages $3.85, up from a year ago when Biden called $3.35 a gallon a strain on families and from roughly $2.40 a gallon during his 2021 inaugural.Wednesday's announcement... + full article
ABC News USA Business October 19, 2022
WASHINGTON -- President will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations, and he will say more oil sales are possible this winter, as his administration... + más
Biden to release 15M barrels from oil reserve, more possible | WPLG Local 10
Biden to release 15M barrels from oil reserve, more possible | Associated Press
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
DALLAS -- President plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production.The administration hopes that tapping the Strategic Petroleum Reserve, a... + más
What is the Strategic Petroleum Reserve? | ABC News
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
Portland Press Herald USA World October 18, 2022
WASHINGTON — President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations, and he will say more oil sales are possible this winter, as his... + más
Oil prices end at highest in 3 weeks as OPEC+ agrees to a large output cut while U.S. supplies fall | MarketWatch
US emergency oil supply shrinks to 40-year low as Biden keeps tapping reserve | Fox Business
Fox Business USA Business October 07, 2022
President Biden said Thursday he had a reaction of disappointment after OPEC+ decided to cut oil production. Biden said the U.S. is looking at alternatives and that we haven't made up our mind yet. is once again tapping into the country's emergency stockpile of oil as... + más
Ahead Of OPEC+ Meeting, What’s Going On With Oil Prices In Fall 2022? | Forbes
The U.S. is the world’s largest oil producer. You’ll still pay more for gas. | Portland Press Herald
MarketWatch USA Business October 05, 2022
Price action Market drivers Crude prices had spent the first days of the week rallying on expectations OPEC+ — made up of Saudi-led OPEC and other major producers, led by Russia — would deliver a large cut to output at its meeting, held Wednesday in Vienna. the group said it... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
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