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Home Tag Archives: strategic petroleum reserve

Tag Archives: strategic petroleum reserve

US to release 50 million barrels of oil to ease energy costs

By Michael
November 23, 2021
in :  Business
Comments Off on US to release 50 million barrels of oil to ease energy costs
1,609

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom. The move is aimed at global energy markets, but also at U.S. voters who are coping with higher inflation and …

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US to release 50 million barrels of oil to ease energy costs

By Michael
November 23, 2021
in :  Business
Comments Off on US to release 50 million barrels of oil to ease energy costs
2,546

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom. The move is aimed at global energy markets, but also at U.S. voters who are coping with higher inflation and …

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US seeks $3 billion to boost oil producers as prices plunge

By Michael
March 19, 2020
in :  Business
Comments Off on US seeks $3 billion to boost oil producers as prices plunge
3,266

WASHINGTON (AP) — The Trump administration said Thursday it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping up U.S. oil producers after crude prices crashed globally. President Donald Trump had directed the Energy Department last week to fill the United States’ emergency stash of crude oil to the top, over objections from …

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JF Maddox Foundation unveils vision for downtown development

Hobbs News-Sun
4 days ago

JF Maddox Foundation unveils vision for downtown development Two-building campus in Hobbs will establish …

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