Draining of emergency oil reserves draws criticism that the White House is trying to lower gas prices with midterm election politics in mind.
Tag: Strategic Petroleum Reserve (US)
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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.
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Oil And Gas Companies Need a Shorter Leash
Government support could be the deciding factor in whether a new generation of climate-damaging infrastructure gets built.
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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.