KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Monday, August 08, 2022
© 2022 U-S-NEWS.COM
Online Readers: 321
New York: Monday, August 08, 2022
Online: 347
Donald Trump's new social media platform "TRUTH Social" Join the Waiting List - Click here
An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation’s petroleum stockpile to try to corral rising energy prices.The White House announced Thursday, March 31, 2022, that Biden ordered the release of 1 million barrels of oil per day from the strategic petroleum reserve for the next six months.(Department of Energy via AP)

NEWS HEADLINES: Biden sells more oil reserve as energy prices spike in Europe

Website 👉 https://u-s-news.com/
Telegram 👉 https://t.me/usnewscom_channel

An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation’s petroleum stockpile to try to corral rising energy prices. (Department of Energy via AP)

OAN Newsroom
UPDATED 8:30 AM PT – Wednesday, July 27, 2022

The Biden administration is releasing more oil from the Strategic Petroleum Reserve (SPR) after a failed effort to increase supply from Saudi Arabia. In a statement Tuesday, the White House said the Department of Energy would sell another 20 million barrels of oil from the reserves to stabilize the gas market.

President Joe Biden’s officials also pointed out gas prices have continued to fall. These sentiments came despite economists saying gas prices are falling because of concerns of recession, while most of SPR oil has been exported to Europe and China. This comes as natural gas prices in Europe are hitting new record highs as a result of anti-Russian sanctions.

“The most crucial outcome is that we will start saving gas now and that we have a blueprint to act together in a coordinated way if the situation worsens,” said EU Energy Commissioner Kadri Simson. “Reducing gas demand proactively allows us to avoid rushed or unilateral decisions when it is too late. It will make it possible to plan the savings in the most efficient way.” 

A number of European countries have already asked Biden for more oil and gas going into the winter season amid fears that Russia may shut off the supply.

MORE NEWS: US State Dept. Condemns Myanmar Executions





Source link

(Visited 6 times, 1 visits today)
KNOWLEDGE is POWER / REAL NEWS is KEY
Woke & Liberal News is Fake News
You will find it on:
CNN - CBS - MSNBC - ABC - The New York Times - The Washington Post - Facebook - Twitter and more
They ALL SUCKS and simply DO NOT tell you the truth PERIOD

WARNING! If you usually get your news from one of these so-called "News Services" Welcome to you, but be prepared for big surprises!
eg. 2+2 is not 5 or 22 but 4 - There is not 57 different genders, only 2
KNOWLEDGE is POWER / REAL NEWS is KEY
Help your friends, family and the truth by sharing this article.

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC8ydEZzdEJzNjFQRTUvIj48L2lmcmFtZT4=
IMPORTANT!

Latest Video
PGlmcmFtZSBpZD0ib2R5c2VlLWlmcmFtZSIgd2lkdGg9IjY0MCIgaGVpZ2h0PSIzNjAiIHNyYz0iaHR0cHM6Ly9vZHlzZWUuY29tLyQvZW1iZWQvJTQwQWxleEpvbmVzQ2hhbm5lbD9mZWF0dXJlPWxhdGVzdCIgYWxsb3dmdWxsc2NyZWVuPjwvaWZyYW1lPg==

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC9CWDhmdW1VR2pRTUQvIj48L2lmcmFtZT4=
THIS IS IT!!!

Latest Video
PGlmcmFtZSBpZD0ib2R5c2VlLWlmcmFtZSIgd2lkdGg9IjY0MCIgaGVpZ2h0PSIzNjAiIHNyYz0iaHR0cHM6Ly9vZHlzZWUuY29tLyQvZW1iZWQvJTQwUlQ/ZmVhdHVyZT1sYXRlc3QiIGFsbG93ZnVsbHNjcmVlbj48L2lmcmFtZT4=

Livestream
PGlmcmFtZSBpZD0ib2R5c2VlLWlmcmFtZSIgd2lkdGg9IjY0MCIgaGVpZ2h0PSIzNjAiIHNyYz0iaHR0cHM6Ly9vZHlzZWUuY29tLyQvZW1iZWQvJTQwUlQ/ZmVhdHVyZT1saXZlbm93IiBhbGxvd2Z1bGxzY3JlZW4+PC9pZnJhbWU+

Want The Real News
and join millions of other active users
×
Show
×
Show