Similar Stories to U.s. Slated To Sell $375 Million Of Emergency Reserve Oil This Winter on Bing News

WASHINGTON (Reuters) - The U.S. government is slated to sell $375 million worth of crude oil from the country's emergency reserve this winter after Congress passed a temporary spending bill on Friday that contained a measure authorizing the sale.

BING NEWS:
  • Biden administration says it will sell 1 million barrels of gas from Northeast reserve to cool prices at the pump this summer
    T he Biden administration is soliciting the sale of 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve in what it calls a bid to lower costs for motorists ahead of the summer ...
    05/22/2024 - 11:42 pm | View Link
  • The White House to Sell 1 Million Barrels of Gasoline. What It Means for Your Wallet.
    Energy Secretary Jennifer Granholm said Tuesday that the timing of the sale, to be completed by July 4, was made to maximize the impact on gasoline prices ahead of the heavy travel period between ...
    05/22/2024 - 6:35 am | View Link
  • Biden to release 1 million barrels of gas from reserve in bid to lower prices at pump
    WASHINGTON (AP) -- The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump ...
    05/21/2024 - 10:01 pm | View Link
  • Biden to sell off 1M barrels of gasoline held in reserve to keep prices low before election
    The fuel will be released from the Northeast Gasoline Supply Reserve, established in 2014 after Superstorm Sandy disrupted gasoline supplies in the New York City area.
    05/21/2024 - 11:43 am | View Link
  • US to close Northeast gasoline reserve with 1 million-barrel sale
    President Joe Biden's administration will sell nearly 1 million barrels of gasoline in the U.S.-managed stockpile in northeastern states as required by law, the Department of Energy said on Tuesday, ...
    05/21/2024 - 9:00 am | View Link
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