#strategic-petroleum-reserve
#strategic-petroleum-reserve
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#oil-prices
US politics
fromFortune
3 days agoDespite rising prices, Trump downplays need to tap Strategic Petroleum Reserve. 'There's a lot of oil out there. That'll get healed very quickly' | Fortune
Oil prices surged following U.S.-Israel military action against Iran, but Trump declined to tap the Strategic Petroleum Reserve, citing abundant domestic oil supplies.
US politics
fromwww.mercurynews.com
4 days agoOil prices are soaring, but Trump is downplaying the need to tap the Strategic Petroleum Reserve
Oil prices surged following U.S.-Israel military action against Iran, but President Trump declined to tap the Strategic Petroleum Reserve, citing abundant domestic oil supplies.
World news
fromwww.mediaite.com
38 minutes agoCNN Anchor Presses Trump Energy Secretary on Oil Hitting $200 a Barrel' as Iran War Escalates
Secretary of Energy Chris Wright stated oil hitting $200 per barrel is unlikely despite Iran's warnings, citing adequate global oil supply and U.S. production leadership under Trump's administration.
US politics
fromwww.mercurynews.com
4 days agoOil prices are soaring, but Trump is downplaying the need to tap the Strategic Petroleum Reserve
Oil prices surged following U.S.-Israel military action against Iran, but President Trump declined to tap the Strategic Petroleum Reserve, citing abundant domestic oil supplies.
fromFortune
2 days agoTrump promised to fill America's oil reserves 'right to the top.' A year later, oil has exceeded $100 and they're still less than 60% full | Fortune
We will bring prices down, fill our strategic reserves up again right to the top, and export American energy all over the world. The president didn't set a deadline for himself to do so-but in retrospect, an expedient one might have been useful. A little over a year after his declaration, the U.S. is heavily involved in a conflict in the Middle East that has left a hole in globally traded petroleum supply and caused U.S. gas prices to jump.
US politics
Right-wing politics
fromAxios
3 days agoSchumer calls on Trump to release oil from reserve to lower gas prices
Republicans attribute post-Iran attack oil price increases to temporary market fears, while Democrats blame Trump's policies and demand Strategic Petroleum Reserve releases to lower gas prices.
fromAxios
1 week agoOil prices surge as Trump team readies to "mitigate" costs
We anticipated this could be an issue. He didn't offer details but said it's designed to 'mitigate against' the price impact. The U.S. does not have immediate plans to release oil from the Strategic Petroleum Reserve, Bloomberg reports. But ING analysts said in a note: 'The longer the Middle East disruptions last, the more likely we are to see coordinated emergency releases from several countries.'
World news
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