Biden Set To Announce New Actions To Strengthen US Energy Security, Encourage Production

By Joji Xavier ✉ | Published: 10/19/2022 7:41 AM ET |

Wednesday, President Joe Biden will announce a set of new actions to strengthen U.S. energy security, encourage production, and bring down fuel prices. This includes releasing an additional 15 million more barrels of crude oil from the Strategic Petroleum Reserve, or SPR.

Biden is scheduled to make this announcement during a White House speeach at 1:15 PM ET Wednesday.

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