Biden To Release 15 Million Barrels From Oil Reserve
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Biden To Release 15 Million Barrels From Oil Reserve
Biden To Release 15 Million Barrels , From Oil Reserve.
Biden To Release 15 Million Barrels , From Oil Reserve.
NBC News reports that President Biden
made the announcement on Oct.
19.
I have been doing everything in my power to reduce gas prices since Putin’s invasion of Ukraine caused these prices to spike and rattled international oil markets, President Joe Biden, via statement.
NBC News reports that since America uses close to
20 million barrels of oil per day, analysts don't think another 15 million barrels will affect gas prices that much.
Currently, the Strategic Petroleum Reserve
is at its lowest level in almost 40 years.
Biden said that once prices drop
to $70 a barrel, his administration will
purchase crude to refill the reserves.
The president also said that his plan should convince the oil industry that it “can invest to ramp up production now with confidence that they will be able to sell their oil to us.”.
My message to oil companies is this: You’re sitting on record profits and we’re giving you more certainty so you can act now to increase oil production, President Joe Biden, via statement.
Kamala Harris pressed Israeli Prime Minister Benjamin Netanyahu on the dire humanitarian situation in Gaza, signaling a potential shift from President Biden's approach. Harris expressed serious concern and emphasized the need for Israel to consider the impact of its actions. This came amid ongoing efforts for a ceasefire in Gaza. Biden’s recent endorsement of Harris for the 2024 presidential nomination adds a new dynamic to U.S. policy in the region.
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Join us as we delve into the grandeur of Russia's Navy Day Parade 2024 held in St. Petersburg. This year's event featured over 200 ships, including small missile and anti-submarine vessels, and more than 100 pieces of combat equipment. Sailors from the Northern, Pacific, Baltic, and Caspian Fleets, along with the Russian naval base in Syria, participated in the festivities. International ships from China, Algeria, and India also joined the parade, highlighting global naval cooperation. Russian President Vladimir Putin attended the parade, delivering a powerful speech praising the Navy and pledging to bolster its capabilities with hypersonic missiles, enhanced coastal infrastructure, and advanced air defense systems.
#RussiaNavyDay #NavalParade #StPetersburg #PutinSpeech #NavalPower #MilitaryParade #HypersonicMissiles #GlobalNavalCooperation #RussianNavy #InternationalRelations
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Flood waters were rising in two cities in Russia's Ural mountains on Sunday after Europe's third-longest river burst through a dam, flooding at least 10,000 homes and forcing thousands of people to flee with just their pets and a few belongings.Some of the worst floods in decades have hit a string of Russian regions in the Ural Mountains and Siberia, alongside parts of neighbouring Kazakhstan in recent days.
#russia #russiaukrainewar #zelenskyy #putin #orsk #orenburg #SOUTHERNURALS #Ukriane, #Russia, #Putin, #Putler, #Russian invasion of Ukraine, #Zelenski, #Kiev, #Kyiv, #Kadirov army, #Kadirov, #Kherson, #Bucha, #Kharkiv, #Ukrainian pilots, #vagners, #Russian tanks, #NATO, #drones, #Moscow, #Kreml, #war victims #Ukraina,
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"Russia as a whole is open to the negotiation process, but first we need to understand how ready Ukraine is," Dmitry Peskov, press secretary for Russian President Vladimir Putin, said.
Credit: euronews (in English) Duration: 01:31Published
Russia on Saturday claimed the capture of another village in eastern Ukraine's Donetsk region where there is heavy fighting as Moscow's forces advance towards the city of Pokrovsk.
Credit: euronews (in English) Duration: 01:00Published
The Russian military has destroyed a Ukrainian warehouse in Donbass, which allegedly stored several multiple launch rocket systems and more than a dozen armored vehicles, the Defense Ministry in Moscow has claimed. Officials also released an video of the alleged strike. In a statement on Friday, the ministry said that Moscow’s forces used an Iskander-M short-range ballistic missile to strike the facility in the key regional hub of Kramatorsk, currently occupied by Ukraine, where artillery of Ukraine’s 56th separate motorized infantry brigade was stored.
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Oil Prices Drop Amid , Increasing Economic Concerns.
Reuters reports that on Oct. 24, data from China showed that the country's oil demand remained at disappointing levels in September.
The recent..
Credit: Wibbitz Top Stories Duration: 01:31Published
University of Boston makes new deadly strain of covid. Billions more being sent to Ukraine. Arizona Democrat sentenced for ballot harvesting. Biden releases 15 million more barrels from strategic..