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By Zeke Miller, Josh Boak, Associated Press
President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation's strategic petroleum reserve for six months in a bid to control energy prices.
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…
By William Brangham, Harry Zahn
As oil soared to a record-high $127 a barrel on Friday, Saudi Arabia's leader rebuffed appeals by President Bush to increase oil production, saying they did not see enough demand to warrant increased output.
By Admin, PBS NewsHour
Presidential hopefuls Sens. Hillary Clinton, D-N.Y., and John McCain, R-Ariz., have raised the idea of suspending the federal gas tax for the summer. A tax policy expert explains whether a gas tax holiday is politically or economically feasible.
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