STRATEGIC RESERVE

Burgum blasts plan to tap strategic reserve, says Biden ‘demonizing’ oil producers

BISMARCK, N.D. (KVRR) – North Dakota Gov. Doug Burgum says President Biden’s plan to release millions of barrels of oil from the Strategic Petroleum Reserve “does little to reduce prices at the pump and ease the burden on hardworking Americans.” Biden announced Thursday that he’s ordered the release of about one million barrels of oil each day for six months….

Biden orders release of millions of barrels from strategic reserve

WASHINGTON – President Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices. Those have spiked as the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine. The White House says Biden will make the formal announcement…