Public Policy Matters
Rational Public Policy with Common Sense requires a well informed and engaged public. Apathy and indifference won't keep us safe or secure.
June 28, 2025
Rational Public Policy with Common Sense requires a well informed and engaged public. Apathy and indifference won't keep us safe or secure.
June 28, 2025
Community Support - New York, NY 10016 (New York
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U.S. Joins With China, Other Nations in Tapping Oil Reserves
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Wall Street Journal: WASHINGTON—The U.S. and five other countries including China will tap their national strategic petroleum reserves in an attempt to bring down gasoline prices that have become a sore spot with motorists and a big contributor to inflation, the White House said.
Crude prices for future delivery ticked upward after the announcement early Tuesday, partly reversing a recent fall in these commodity markets. Oil traders for weeks had anticipated action from the White House as President Biden’s advisers grappled with how to address rising prices for gasoline, groceries and other consumer products that have put its legislative agenda at risk.
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https://www.wsj.com/articles/u-s-several-other-countries-to-tap-strategic-oil-reserve-11637669762?mod=hp_lead_pos1
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OID: 1637698271 @ 11.23.21 20:11:11 (offset server time)
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Copyright (c) 2009-2025
Home | General Survey | Community Survey | Issues
Groups | Classifieds | Coffee? | Search | OpEd | News
Articles, Columns and Links
Private Benefit Trust welcomes articles, contributions, and links from local journalists, writers, and contributors
Sort by: area | title | recent Or: add or suggest an article
U.S. Joins With China, Other Nations in Tapping Oil Reserves
view | edit | list | share
Contributor's comments:
Wall Street Journal: WASHINGTON—The U.S. and five other countries including China will tap their national strategic petroleum reserves in an attempt to bring down gasoline prices that have become a sore spot with motorists and a big contributor to inflation, the White House said.
Crude prices for future delivery ticked upward after the announcement early Tuesday, partly reversing a recent fall in these commodity markets. Oil traders for weeks had anticipated action from the White House as President Biden’s advisers grappled with how to address rising prices for gasoline, groceries and other consumer products that have put its legislative agenda at risk.
Click to learn more: (opens in a new tab)
https://www.wsj.com/articles/u-s-several-other-countries-to-tap-strategic-oil-reserve-11637669762?mod=hp_lead_pos1
Share!
OID: 1637698271 @ 11.23.21 20:11:11 (offset server time)
edit | list articles | add or suggest an article
click here to add your argument or comment (for or against this position)
Are you part of the problem?
News Matters
Home | Contact Us | PBR Development
Copyright (c) 2009-2025