by John BIERS Agence France Presse Citing the need to counteract the “Putin price hike” following Russia’s invasion of Ukraine, President Biden has announced a sweeping plan to make unprecedented use of US emergency oil stockpiles. Under Biden’s plan, the United States will release up to a million barrels a day every day for six months from its Strategic Petroleum Reserve (SPR). On Friday, the International Energy Agency announced that a group of 30 […]
Will Biden’s plan to tap US oil reserves reduce gasoline prices?
