Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia.
WASHINGTON DC -- President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.
High oil prices have not coaxed more production, creating a challenge for Biden. The president has seen his popularity sink as inflation reached a 40-year high in February and the cost of petroleum and gasoline climbed after Russia invaded Ukraine. Crude oil on Wednesday traded at nearly $105 a barrel, up from about $60 a year ago.
The steady release from the reserves would be a meaningful sum and come near to closing the domestic production gap relative to February 2020, before the coronavirus caused a steep decline in oil output.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Biden says 'we'll see' if Russia de-escalates in UkraineU.S. President Joe Biden on Tuesday said it remains to be seen whether Russia follows through with any actions to scale down its military operations in Ukraine, saying Washington and its allies will continue with strong sanctions and aid for Ukraine. 'We'll see if they follow through with what they're suggesting' as Moscow-Kyiv negotiations continue, he told reporters at the White House following his meeting with Prime Minister Lee Hsien Loong of Singapore. 'We're going to continue to keep a close eye on what's going on.'
続きを読む »
Biden is skeptical Russia is scaling back operations in KyivPresident Joe Biden says he's not yet convinced that Russia’s announcement that it will scale back military operations near the Ukrainian capital of Kyiv will lead to a fundamental shift in the war
続きを読む »
Parents of man jailed for years in Russia meet with BidenThe parents of a Marine veteran imprisoned in Russia have met at the White House with President Joe Biden and senior staffers.
続きを読む »
Biden Skeptical Russia Is Scaling Back Operations in KyivPresident Joe Biden says he’s not yet convinced that Russia’s announcement that it will scale back military operations near the Ukrainian capital of Kyiv will lead to a fundamental shift in the war
続きを読む »
Tech sanctions have hit Russia harder than expected, Biden official saysTech sanctions imposed against Russia by the U.S. and its allies have proven far more effective than expected in the five weeks that they've been in force, said Biden officials.
続きを読む »
Parents of veteran locked up in Russia Trevor Reed meet with BidenThe parents of a US Marine veteran locked up in Russia met with President Joe Biden Wednesday hours after they traveled from Texas to protest outside the White House.
続きを読む »