President Biden is ready to use the strategic petroleum reserve again should the need arise, a reserve that the White House has been working on replenishing in recent months.
President Biden will use crude oil from the strategic petroleum reserve should the need arise, energy adviser Amos Hochstein has said, noting there was enough oil in the reserve. 'We have been replenishing into the SPR for the last several months. I think we have sufficient supply in the SPR to address any kind of concern in the economy if we need it,' Hochstein said, speaking at the Milken Institute Global Conference, as quoted by Reuters. The U.S.
Recently, talk has restarted about the possibility of using the SPR to bring down retail fuel prices in case the conflict between Israel and Hamas escalates, leading to higher oil prices and, consequently, higher gasoline and diesel prices for U.S. drivers. Since rising fuel prices are the last thing a president running for a second term wants to experience in an election year, SPR releases were seen by many as the most likely course of action.
SPR Crude Oil Oil Prices Supply Reserve Energy Stockpile Gasoline Gasoline Prices
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。
‘Furious’ Barcelona president ‘ready’ for Man Utd bid after ‘huge’ Ratcliffe ‘contract offer’ for £60m starBarcelona are reportedly 'ready to listen to offers' for centre-back Ronald Araujo, who has received a 'huge contract offer' from Manchester United.
続きを読む »
President Biden Criticizes Israeli Prime Minister's Attacks in GazaPresident Joe Biden expresses his disagreement with Israeli Prime Minister Benjamin Netanyahu's ongoing attacks in Gaza, marking a significant shift in US policy towards the conflict.
続きを読む »
US 'considering' dropping charges against Julian Assange, says President BidenThe United States is 'considering' dropping the charges against Wikileaks founder Julian Assange, President Biden has announced. Assange, 52, faces prosecution in the US over an alleged conspiracy to obtain and disclose national defence information.
続きを読む »
President Biden holds emergency meeting as Iran attacks IsraelThe president canceled hs weekend break and rushed back to Washington DC Saturday to tackle the crisis.
続きを読む »
President Biden holds emergency meeting as Iran attacks IsraelThe president canceled hs weekend break and rushed back to Washington DC Saturday to tackle the crisis.
続きを読む »
President Biden Vows Global Response to Iran's Attack on IsraelPresident Joe Biden praises American forces for intercepting dozens of missiles and drones launched from Iran, Iraq, Syria, and Yemen towards Israel. He promises to coordinate a global response to Tehran's unprecedented attack.
続きを読む »