Stories Tagged as
Oil reserves
U.S. oil reserve tumbles to lowest level in 4 decades
Sep 22, 2022
Biden authorized the release of crude from the Strategic Petroleum Reserve to boost supply and ease gas prices after Russia invaded Ukraine.
Higher gas prices are likely here to stay through the holidays
by
Justin Ho
Nov 25, 2021
President Biden has released 50 million barrels of oil from strategic reserves, but oil production hasn't caught up to pre-pandemic levels.
Biden administration considers its options as gas prices rise
by
Justin Ho
Nov 18, 2021
Officials are considering releasing oil from the strategic reserve. They’re also pushing the FTC to investigate possible price gouging.