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Biden oil reserve release an 'ineffectual band aid' that won't replace domestic production, critics say - Vimarsana News

Biden oil reserve release an 'ineffectual band aid' that won't replace domestic production, critics say

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Oil, Gas, Other Stakeholders to Biden: Domestic Energy Output Needed - Vimarsana News

Oil, Gas, Other Stakeholders to Biden: Domestic Energy Output Needed

Critics say Biden's release of oil from the Stregic Reserve is a temporary fix and won’t reduce the ongoing rise of gas prices at the pump.

An oil release and a lot of finger pointing - Vimarsana News

An oil release and a lot of finger pointing

The Biden administration officially announced the release of oil from the Strategic Petroleum Reserve after weeks of teasing the move.

US to release 50 million barrels of oil to ease energy costs - Vimarsana News

US to release 50 million barrels of oil to ease energy costs

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil...

US to release 50 million barrels of oil to ease energy costs - Vimarsana News

US to release 50 million barrels of oil to ease energy costs

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America's strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the Un