The department of energy release, another 15 million barrels from the Strategic petroleum Reserve. Extending our previously announced release through …
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U.S. Releasing More Oil from Stockpile to Reduce Gas Prices
In an attempt to reduce gas prices, President Biden announced Wednesday that the United States will release more oil. Keep scrolling to hear more, including his response to Congressional Republicans criticizing his management of the reserves.
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15 Million Barrels of Oil on the Wall
Biden announced the Department of Energy will release another 15 million barrels of oil from the Strategic Petroleum Reserve in December in the hopes of reducing gas prices. These are the final 15 million barrels from the 180 million that Biden had pledged to release in response to high gas prices.
Biden confirmed the release of 15 million barrels from the nation’s stockpile. President Joe Biden on Wednesday announced a series of steps aimed at …
Slamming Republicans
Biden rebuked Congressional Republicans for criticizing his administration's handling of the strategic oil reserves, and denied the move was politically motivated to help Democrats ahead of the midterm elections.
I don't hear. Can you speak louder? What is your response to Republicans? Who say you are only doing this spr release? Because to help Democrats in …
Record-High Oil Production Numbers
Biden also promoted his administration's record-high oil production numbers, saying the administration is producing 12 million barrels of oil per day.
Let me let's debunk some miss here. My Administration has not stopped or slowed us oil production, quite the opposite. We're producing 12 million …
US oil production remains on track for a record 2023 even as output grows more slowly than anticipated amid surging costs and labor shortages in …
