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Biden administration to tap oil reserve again ahead of midterms

Por: Politico Politics October 18, 2022

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The Biden administration plans to announce a release of oil from the Strategic Petroleum Reserve in a bid to drive fuel prices down, two sources familiar with the plans said. The White House will release 10 million to 15 million barrels from the reserve as part of an existing plan, announced in March, to into the market throughout the year, according to two industry people granted anonymity to discuss confidential discussions with the... + full article



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