President Joe Biden announces series of steps aimed at easing oil supply crunch and lower gas prices
Fri 21 Oct 2022, 10:33:45
US President Joe Biden announced yesterday a series of steps aimed at easing the oil supply crunch and lower gas prices. The supply crunch and prices have become a major domestic concern ahead of the November midterms polls. Mr. Biden confirmed the release of 15 million barrels from the Strategic Petroleum Reserve in December.
In his speech, the US
president reiterated that Russia was responsible for the hike in energy prices in the country. He also said that the administration is taking the unusual step of planning to buy oil to rebuild the strategic reserve once crude falls below 70 dollars per barrel. Mr. Biden also called on oil companies to pass on the savings to the consumers.
president reiterated that Russia was responsible for the hike in energy prices in the country. He also said that the administration is taking the unusual step of planning to buy oil to rebuild the strategic reserve once crude falls below 70 dollars per barrel. Mr. Biden also called on oil companies to pass on the savings to the consumers.
No Comments For This Post, Be first to write a Comment.
Most viewed from International
.jpg)
Most viewed from World
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
Todays Epaper
English Weekly
AIMIM News
BJP-SP two sides of same coin: Asaduddin Owaisi
Nov 19, 2024
Latest Urdu News
Most Viewed
May 26, 2020
Do you think Devendra Fadnavis will be next CM of Maharashtra?
Latest Videos View All
Like Us
Home
About Us
Advertise With Us
All Polls
Epaper Archives
Privacy Policy
Contact Us
Download Etemaad App
© 2024 Etemaad Daily News, All Rights Reserved.