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oil reserves

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Aug 02

Biden administration delays plans to restock nation's emergency oil reserve

By Matthew Daly, Associated Press

The Energy Department canceled a planned purchase of 6 million barrels for the strategic reserve this week, saying it wants to secure a good deal for taxpayers.

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Jan 27

House GOP seeks restrictions on presidential use of U.S. oil stockpile

By Matthew Daly, Associated Press

For the second time this month, House Republicans have advanced a measure to restrict presidential use of the nation's emergency oil stockpile — a proposal that has already drawn a White House veto threat.

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Oct 19

WATCH: Biden announces release of 15 million barrels of oil from strategic petroleum reserve

By Josh Boak, Zeke Miller, Associated Press

The withdrawals have sent the nation's strategic reserve to its lowest level since 1984 in what the administration called a "bridge" until domestic production could be increased.

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Oct 19

WATCH: White House press secretary Karine Jean-Pierre holds news briefing

By Associated Press

White House press secretary Karine Jean-Pierre held a news briefing Wednesday afternoon, before President Joe Biden announced the of release 15 million more barrels of oil from the nation's strategic reserve.

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Oct 19

Biden to release 15 million barrels of oil, sending reserve to lowest level since 1984

By Josh Boak, Zeke Miller, Associated Press

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.

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Nov 24

Biden's move to tap oil reserve gains support of many environmentalists

By Matthew Daly, Associated Press

Biden and his administration insist tapping more oil from the reserve does not conflict with his climate goals — including a 50 percent cut in greenhouse gas emissions by 2030.

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Nov 23

Watch 8:42
How tapping strategic oil reserve will affect U.S. gas prices, OPEC+

By William Brangham, Harry Zahn

President Joe Biden is tapping an emergency stockpile of oil to stem a rising tide of energy prices. His order Tuesday draws 50 million barrels of crude oil from the nation's Strategic Petroleum Reserve. William Brangham begins the report, and…

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Aug 19

US says conserving oil is no longer an economic imperative

By Ellen Knickmeyer, Associated Press

Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs.

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Apr 15

Watch
No image
Assessing U.S.-Venezuela Relations After Very Close Election Favors Maduro

Assessing U.S.-Venezuela Relations After Very Close Election Favors Maduro…

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