Tag: Strategic Petroleum Reserve (SPR)
House Passes Amendment to Prevent Presidents From Exploiting America’s Oil and Selling It to China
On Jan. 27, the Republican-led U.S. House of Representatives passed an amendment to bill H.R. 21, tabled...
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying...
US Sells Last Batch of Emergency Reserve Oil From Historic Release
The U.S. Department of Energy on Thursday said it sold 15 million barrels of oil from the Strategic Petroleum...
US Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest...
China Uncommitted to Washington’s Oil Reserve Release Plan Despite Rising Prices
The United States, which has been battling the fastest increase in inflation in three decades has witnessed...
US Heating Costs Expected to Soar Alongside Rising Gas Prices
Biden-appointed Energy Secretary Jennifer Granholm confirmed on Oct. 7 that Americans should expect higher...