Por: The Hill Politics December 16, 2022
The Department of Energy will purchase 3 million barrels of oil to replace withdrawals from the Strategic Petroleum Reserve (SPR) amid high energy prices, it announced Friday. The Biden administration presented the purchase, which follows a bidding process that began in October, as an opportunity to buy the oil at a fixed price and repurchase it for less than the average of $96 per barrel it sold for. “As we are thoughtful and methodical in... + full article
MarketWatch USA Business November 14, 2023
The U.S. has shot ahead in terms of supply from the big three nations--the other two being Russia and Saudi Arabia--with supply 1.2 million barrels a day higher than it was a year ago, according to the IEA. That is compared to Saudi Arabia, where supply has been cut by 1.8... + más
2022 Associated Press All-America Team | Associated Press
Photos: Bellator 300 ceremonial weigh-ins and faceoffs | Bleacher Report
Fox Business USA Business October 11, 2023
Nicholas Wealth Management President and Founder David Nicholas joins Varney & Co. to discuss the implications of the ongoing war in Israel. The of the Strategic Petroleum Reserve (SPR), which serves as America’s emergency stockpile of petroleum, and high market prices... + más
What we know about the new COVID-19 variant XBB | The Boston Globe
Small but mighty Morgan City hosts Shrimp & Petroleum Festival Labor Day weekend | The Advocate
MarketWatch USA Business March 07, 2023
The average of estimates from 11 analysts and traders showed U.S. oil inventories are projected to have climbed by 700,000 barrels for the week ended March 3, with three analysts forecasting a decline and the other eight predicting an increase. Forecasts range from a decrease of... + más
Wells Fargo didn't act after an L.A. executive was raped by her boss, lawsuit alleges | Los Angeles Times
Jane Doe 1 wasn’t ‘Al Pacino rich’ and lied on stand: Harvey Weinstein attorneys | New York Post
Fox Business USA Business February 14, 2023
North Dakota Sen. John Hoeven shares his thoughts on the Republican backlash to Biden’s green energy transition claims during SOTU on ‘The Bottom Line.’ The Biden administration on Monday announced another sale of oil from the Dept. of Energy's , with 26 million... + más
What is the Strategic Petroleum Reserve? | ABC News
EXPLAINER: What is the Strategic Petroleum Reserve? | ABC News
Forbes USA Business December 17, 2022
Topline The Department of Energy announced Friday it would purchase 3 million barrels of oil to replenish the U.S. strategic reserve and strengthen energy security, as oil (and related gas) prices have dropped since the summer, when the administration tapped the reserve to... + más
What is the strategic oil reserve, and can it lower gas prices? | Portland Press Herald
OPEC Warns of 'Considerable Uncertainties' Facing Oil Market -- WSJ | MarketWatch
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
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