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White House says Biden announces release from the strategic petroleum reserve
WHITE HOUSE SAYS BIDEN ANNOUNCES RELEASE FROM THE STRATEGIC PETROLEUM RESERVE
— Quantitative Trading (@fiquant) November 23, 2021
Added at 7:03am
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*U.S. SPR RELEASE INI PARALLEL WITH CHINA, INDIA, JAPAN, U.K.
— *Walter Bloomberg (@DeItaone) November 23, 2021
Added at 7:03am
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WHITE HOUSE SAYS WILL MAKE AVAILABLE UP TO 50 MILLION BBLS OF OIL FROM U.S. STRATEGIC PETROLEUM RESERVE
— *Walter Bloomberg (@DeItaone) November 23, 2021
Added at 7:03am
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WHITE HOUSE SAYS 32 MLN BBLS WILL BE AN EXCHANGE OVER THE NEXT SEVERAL MONTHS
— *Walter Bloomberg (@DeItaone) November 23, 2021
Added at 7:08am
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President Biden Announces Release from the SPR As Part of Ongoing Efforts to Lower Prices and Address Lack of Supply Around the World
Over the last 18 months, the COVID-19 pandemic forced an unprecedented global economic shutdown. As the world is re-opening from a near economic standstill, countries across the globe are grappling with the challenges that arise as consumer demand for goods outpaces supply. But here in the United States, the economic recovery is stronger and faster than anywhere else in the world – according to the Organization for Economic Co-operation and Development, the US is the only one of the major economies to have returned to pre-pandemic gross domestic product levels – in large part due to President Biden’s American ... (full story)
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- Posted: Nov 23, 2021 7:02am
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