Por: ABC News Politics October 19, 2022
President Joe Biden on Wednesday will announce a series of steps that, administration officials say, will , which have become a major domestic concern .ABC News previously reported that among those moves, Biden will confirm his administration is releasing 15 million barrels of oil from the nation's stockpile -- known as the strategic petroleum reserve -- in December.Officials said this isn't a new tranche but rather the final 15... + full article
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
ABC News USA Business October 06, 2022
An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for , industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million... + más
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
ABC7 USA World October 06, 2022
, industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million barrels per day starting in November.The decision to slash oil supply arrives as crude oil prices stand at $93, well... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
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
Fox Business USA Business October 04, 2022
Lipow Oil Associates President Andy Lipow discusses the global demand for oil and rising gas prices as OPEC is set to cut production. Oil and gas prices are elevated ahead of a key meeting by OPEC+ that could potentially see the organization by a million barrels per day. Oil has... + más
The Hill USA Politics September 24, 2022
The national average price of gasoline rose slightly Wednesday, ending a streak of months of decline after soaring to its highest levels ever over the summer. AAA on Wednesday is $3.681 per gallon, up from Tuesday’s average of $3.674. Gas prices have consistently dropped... + más
The historic streak of falling US gas prices is over | CNN
US gas prices end streak of declines just short of 100 days | The Boston Globe
CNN USA Business September 22, 2022
New York (CNN Business)Well, it was nice while it lasted.After sinking every day for more than three months, US gas prices edged higher — by a penny — to $3.68 a gallon, on average Wednesday, . That ends 98 consecutive days of , the second-longest such streak on record going... + más
US gas prices tick up, ending 99-day streak of lower costs | Associated Press
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