Por: Portland Press Herald 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 Russian oil. Though gas prices have fallen from their summer highs, they have risen in some parts of the country. But some analysts say the real benefit of these oil... + 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
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
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 OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
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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