strategic petroleum reserve
Photo by Zachary Theodore on Unsplash
Biden sold off nearly half the U.S. oil reserve. Is it ready for a crisis?
Biden tapped the SPR last year when Russia’s invasion of Ukraine sent oil prices soaring. Now Republicans blame him for putting the nation’s energy security at risk.
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Republicans launch newest fight against Biden's oil drawdowns
A bill to limit releases from the Strategic Petroleum Reserve seeks to blunt the political gains that Democrats have gained from lower gasoline prices.
4 questions answered about Biden's oil strategy
President Joe Biden’s decision last week to release oil from the Strategic Petroleum Reserve is sparking debate about whether the plan will work and how it will influence the midterm elections.
Biden expands effort to lower gas prices and secure energy independence
Depleting emergency oil reserves spurs criticism that the White House is trying to lower gas prices with midterm election politics in mind.
U.S. to release millions more barrels of oil to contain gas prices
The Department of Energy will release 15 million more barrels from the Strategic Petroleum Reserve and plans additional releases this winter.
Gas prices force Biden into an unlikely embrace of fossil fuels
President Biden has had to walk a careful tightrope on energy and climate change in the weeks since U.S. sanctions on Russian oil and gas sent energy prices soaring.
www.bloomberg.com
Biden’s oil-relief plan seen backfiring as drillers dig in heels
U.S. President Joe Biden’s plan to tackle record gasoline prices with an unprecedented release of emergency oil reserves may stifle domestic crude drilling just when it’s needed most.
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