On Wednesday, a bipartisan group of legislators led by West Virginia Democrat Joe Manchin and Texas Republican Ted Cruz introduced a bill called the Protecting America’s Strategic Petroleum Reserve from China Act, which would prevent the sale of any more barrels of the Strategic Petroleum Reserve(SPR) to China by President Joe Biden.
Tag: Strategic Petroleum Reserve
The Biden Administration Balks at Crude Oil Prices and Declines to Fill Oil Reserves
The United States government has been stalling on replenishing its strategic oil reserve because it is receiving offers that are “too expensive.”
What You Need To Know About Biden’s Use Of The Strategic Petroleum Reserve
Bye, Bye Oil Reserves. Biden said he would continue to tap oil reserves. See what might happens if he continues.
The Definition Of Recession Is Being Wrongfully Redefined Under Biden
An economic advisor to President Biden has proposed a definition of recession and stated that important sectors “have not been flashing red.”