Biden to announce release of 15M barrels of oil Wednesday
Biden to announce release of 15M barrels of oil Wednesday
(NewsNation) — President Joe Biden is expected to announce the release of 15 million barrels of oil from the nation’s strategic oil reserve, despite the reserve sitting at its lowest level since 1984.
This move is in response to the recent OPEC+ decision to cut oil production by two million barrels a day in an effort to drive prices up.
It’s the same thing the White House did earlier this year at…
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