Biden sells more oil reserve as energy prices spike in Europe

Biden sells more oil reserve as energy prices spike in Europe

An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation’s petroleum stockpile to try to corral rising energy prices.The White House announced Thursday, March 31, 2022, that Biden ordered the release of 1 million barrels of oil per day from the strategic petroleum reserve for the next six months.(Department of Energy via AP)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.

May take several weeks for U.S. to respond to Khashoggi situation, gathering evidence

Secretary of State Mike Pompeo said it could be several weeks before the U.S. responds to the killing of Saudi writer Jamal Khashoggi.

According to reports, Pompeo told a Saint Louis radio station the U.S. is still in the process of gathering evidence. As a result, the U.S. is holding off on implementing sanctions against the individuals responsible — at least for now.

 

In this Oct. 23, 2018 photo, Secretary of State Mike Pompeo speaks to reporters at a news conference at the State Department in Washington. (AP Photo/Andrew Harnik)

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Trump Saves Taxpayers $230M Annually By Not Funding Syrian Efforts

President Donald Trump whispers with Secretary of State Mike Pompeo, left, during a cabinet meeting in the Cabinet Room of the White House, Thursday, Aug. 16, 2018, in Washington. (AP Photo/Andrew Harnik)

President Trump is saving U.S. taxpayers another $230 million dollars a year by pulling funding for ongoing programs in Syria. The president made the announcement Friday, informing Congress he was ending the stabilization efforts currently

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