The Biden administration is releasing more oil from the Strategic Petroleum Reserve (SPR) after a failed effort to increase supply from Saudi Arabia. In a statement Tuesday, the White House said the Department of Energy would sell another 20 million barrels of oil from the reserves to stabilize the gas market.
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UPDATED 7:24 AM PT — Wed. Nov. 28, 2018FILE – In a Jan. 27, 2015 file photo, sunrise colors the sky over PPL Montanas Corette power plant in Billings, Mont. (AP Photo/The Gazette, Larry Mayer)
President Trump’s pick to sit on the Federal Energy Regulatory Commission (FERC) is moving forward in the confirmation process.
The Senate panel tasked with overseeing the nomination of Bernard McNamee decided largely along party lines Tuesday to send his bid to the floor for a full Senate vote.