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President Joe Biden prepared to use oil reserves again to lower gas prices

President Joe Biden is prepared to release more oil from the country’s strategic reserves if gas prices increase during summer. This is the latest plan by the Biden administration to counter higher prices at the pumps and the more expensive prices on various goods due to inflation.  A Biden administration energy advisor suggested that gas […]

Biden DOE Called CCP Official Before Releasing Petroleum Reserves

A new report says that Biden’s Energy Secretary called up a top Chinese Communist Party (CCP) energy official before the Biden administration released America’s Strategic Petroleum Reserves (SPR) in late 2021. Aside from the ostensible goal of lowering gas prices (even while the Biden administration wrecked America’s energy independence), the Biden administration’s Department of Energy […]

Biden Admin Abandons Latest Attempt To Refill Strategic Oil Reserves Due To High Prices

The Biden administration passed on an opportunity to buy oil to replenish the strategic petroleum reserve (SPR) on Tuesday, citing high prices. The Department of Energy (DOE) decided against purchasing up to 3 million barrels to replenish the SPR, which President Joe Biden drained ahead of the 2022 midterm elections as soaring gas prices caused a […]

UK ‘reserves right to respond’ after oil tanker set alight off Yemen | Yemen

The British government said the UK and its allies “reserve the right to respond as appropriate” after an oil tanker crashed and burst into flames off the coast of Yemen. Yemen's Houthi rebels have claimed that the country's navy carried out an operation in the Gulf of Aden targeting a ship they called the British […]

What to expect from the Federal Reserve’s meeting this week

Panelists Elena Shulyatyeva and JC Parets react to the inflation report on “Kraman Countdown”. of federal reserve Central banks are widely expected to keep interest rates on hold on Wednesday, even as they face a surprisingly resilient economy and inflation that remains too high. But as Wall Street looks for further clues about whether the […]

India's forex reserves fall to 4-month low – Reuters

MUMBAI, Sept 29 (Reuters) – India’s foreign exchange reserves (INFXR=ECI) declined for the third consecutive week, reaching their lowest level in four months as of September 22, according to Reserve Bank of India (RBI) data. The total amount was 590.7 billion dollars. It aired on Friday. This was a decrease of $2.3 billion from the […]

‘Not Good’: Conservatives Rip Biden’s Call Up Of Reserves

Conservatives and Republicans condemned President Joe Biden Thursday night after he announced the call-up of reserves for operations in Europe. Biden ordered Raise up to 3,000 reservists to support Operation Atlantic Resolve. According to sources, the operation began in April 2014. fact sheet It comes from the U.S. Army and typically includes army ground combat […]