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Biden FINALLY takes action to boost domestic oil production by releasing 10 million oil barrels Strategic Petroleum Reserve
daily mail ^

Posted on 10/05/2022 9:16:49 PM PDT by algore

President Joe Biden will order more oil released from the Strategic Petroleum Reserve as gas prices are on the rise and OPEC announced it was making its biggest cuts in production in more than two years.

Biden will release another 10 million barrels this month and he will 'continue to direct SPR releases as appropriate to protect American consumers and promote energy security,' White House National Security Adviser Jake Sullivan and economic adviser Brian Deese said in a joint statement.

In the statement, the administration also called on oil companies to 'keep bringing pump prices down by closing the historically large gap between wholesale and retail gas prices.'

The administration continued to renew its call to decrease the country's dependance on fossil fuels and warned it will work with Congress on ways 'to reduce OPEC's control over energy prices.'

Earlier this week, White House press secretary Karine Jean-Pierre said there were no plans to continue releases from the strategic reserve

Gas prices, which had been on a 99-day decline, have jumped in recent days by as much as 60 cents per gallon in some regions of the country.

But the announcement of Wednesday's release from the reserves came after the OPEC Plus energy alliance announced the production cuts in an affort to raise prices as Russian President Vladimir Putin continues his invasion of the Ukraine.

Biden and European leaders have urged more oil production to give consumers some relief at the pump and to punish Putin for his invasion.

The president has overseen the largest sale of oil from the Strategic Petroleum Reserve ever in the wake of Russian invasion of Ukraine. Biden has released 160 million barrels of crude since March, bringing the reserves to its lowest levels in four decades

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Heated Discussion
KEYWORDS: bee; oilreaerves; oilreserves; opec; opecplus; reserves; russia; saudiarabia
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To: PLMerite

Rain.

Just 1/4” off of a 1000 sq ft roof will get you 1300 pints of water - 162 gallons


81 posted on 10/12/2022 5:20:50 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Hootowl99

HMMMmmm...

https://geology.com/articles/water-dowsing/


82 posted on 10/12/2022 5:24:35 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Fresh Wind

Sinister Pig
author: Tony Hillerman


83 posted on 10/12/2022 5:25:59 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: PLMerite

You say she had water TRUCKED in: not TRUNKED?

84 posted on 10/12/2022 5:46:33 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie
This Is What it Looks Like to Live Without Running Water in America ..."


85 posted on 10/12/2022 5:56:10 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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