"More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs," Reuters reported. "The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices."
Another 20 million barrels of oil being released from SPR by Oil Patch Joe.
Replies to: "Another 20 million barrels of oil being released from SPR by Oil Patch Joe."
- Unless Russia opens the spigot, EU countries will take a 27% economic hit to GDP. Turn that - PBHangingChad - 6:27am 7/27/22
(5) [View All]
- Or 1.5%. Either one. [NT] - LanceHarbor - 8:27am 7/27/22
- Another 20 million barrels of oil being released from SPR by Oil Patch Joe. - JarHead4ND - 7:20am 7/27/22
- Not very smart, but nothing Joe does is very smart. [NT] - notredame678 - 8:22am 7/27/22
- The Green Movement wants the SPR drained. Dems are complying. [NT] - PBHangingChad - 7:27am 7/27/22
- They'll just change the definition of fossil fuels and all will be ok. [NT] - Cole - 7:06am 7/27/22