Biden tapped the SPR last year when Russia’s invasion of Ukraine sent oil prices soaring. Now Republicans blame him for putting the nation’s energy security at risk.
A bill to limit releases from the Strategic Petroleum Reserve seeks to blunt the political gains that Democrats have gained from lower gasoline prices.
President Joe Biden’s decision last week to release oil from the Strategic Petroleum Reserve is sparking debate about whether the plan will work and how it will influence the midterm elections.
President Biden has had to walk a careful tightrope on energy and climate change in the weeks since U.S. sanctions on Russian oil and gas sent energy prices soaring.
U.S. President Joe Biden’s plan to tackle record gasoline prices with an unprecedented release of emergency oil reserves may stifle domestic crude drilling just when it’s needed most.
