Posted inBiden, Joseph R Jr Energy Department Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022) Strategic Petroleum Reserve (US) United States Politics and Government
Biden Administration to Buy Three Million Barrels of Oil
The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia’s invasion of Ukraine.