Por: Portland Press Herald Opinion November 01, 2022
A recent letter by Richard Williams (“,” Oct. 16) relies on false assumptions to support the utter fabrication that Democrats have cut the amount of oil produced in the United States. Since President Biden’s first full month in office, U.S. oil production has increased 18 percent through July 2022 (the last month for which statistics are available), according to . And the recently passed Inflation Reduction Act provides additional support... + full article
NBC News USA Business October 20, 2022
WASHINGTON — President Joe Biden announced Wednesday that he would authorize the sale of more oil from the country’s Strategic Petroleum Reserve as his administration scrambles to rein in high gas prices before the midterm elections. Speaking at the White House, Biden said... + más
What is the Strategic Petroleum Reserve? | ABC News
What is the strategic oil reserve, and can it lower gas prices? | Portland Press Herald
Forbes USA Business October 20, 2022
Getty Images Key Takeaways Oil prices have had a turbulent few years thanks to everything that’s been happening around the globe. From a global pandemic that has lasted more than two years to a war that began earlier this year, these historical events have led to fluctuations... + más
Ahead Of OPEC+ Meeting, What’s Going On With Oil Prices In Fall 2022? | Forbes
How The OPEC Meeting On Production Influences Oil And Gas Stocks | Forbes
ABC News USA Business October 19, 2022
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
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
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
Portland Press Herald USA World October 08, 2022
When the Organization of the Petroleum Exporting Countries and its partners – often known as OPEC Plus – announced a production cut of 2 million barrels of oil on Wednesday, the reaction in the United States was less than positive. In a statement, the White House called the... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
No Need For Russian Crude Price Cap; Markets Will Do It Themselves. | Forbes
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
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