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Biden delays plans to restock nation’s emergency oil reserve

Por: ABC News Business August 02, 2023

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WASHINGTON -- The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel. The Energy Department canceled a planned purchase of 6 million barrels for the strategic reserve this week, saying it wants to secure a good deal for taxpayers. The administration said it remains committed to refilling the reserve, which President significantly drained last year in a... + full article



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