Oil Reserves

• What is the SPR? The history behind the emergency oil stash Biden is tapping

  Joe Biden plans to release millions of barrels of oil from the U.S. Strategic Petroleum Reserve.

  Politics

  Mar 31, 2022
  
• Biden to order record release of oil from strategic reserve to tame gas prices

  Sources say President Joe Biden is preparing to order the release of up to one million barrels of oil per day from the United States' strategic petroleum reserve.

  Economy

  Mar 31, 2022
  
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• Biden to release 50 million barrels of oil in effort to ease gas prices

  Biden's move is aimed at global energy markets, but also at voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel.

  Economy

  Nov 23, 2021
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• US gasoline prices to drop below $3 a gallon first time in 4 years

  The average price of gasoline in the U.S. hit $3 a gallon Friday, and should soon drop below the benchmark for the first time since December 2010.

  World

  Oct 31, 2014