U.S. President Donald Trump might tap the nation’s emergency oil stockpile to stabilize pump prices in the wake of a major shock to global supply. The tool at his disposal is the Strategic Petroleum Reserve, set up in the aftermath of the Arab oil embargo in the 1970s as a backup in case of subsequent supply shocks.

BING NEWS:
  • U.S. Adds 2.3 Million Bbl to Strategic Petroleum Reserve in April -- OPIS
    The U.S. added 2.3 million bbl of oil to the Strategic Petroleum Reserve during the first four weeks of April, marking a sixth straight month ...
    04/29/2024 - 8:51 am | View Link
  • Stop Draining the Strategic Petroleum Reserve
    President Biden has misused a vital national resource for speculation and political gain.
    04/26/2024 - 3:46 am | View Link
  • Why Biden Should Refill The Strategic Petroleum Reserve —Slowly
    The U.S. SPR is needed not to replace lost imports but to help moderate global prices in a crisis and minimize economic damage.
    04/26/2024 - 2:02 am | View Link
  • U.S. economic growth slows as consumers tighten their belts
    U.S. economic growth slowed dramatically in first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday. The figures ...
    04/25/2024 - 1:51 am | View Link
  • DAVID BLACKMON: Having Biden Declare A Climate Emergency Is A Crazy Idea
    I recorded a podcast this week in which the host told me I am an “outlier” for being willing to write the truth about the destructive nature of the Biden ...
    04/21/2024 - 9:04 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News