U.S. to release 50 million barrels of oil from reserve to alleviate energy costs

File Photo: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. Photo by Drone Base / Reuters. Article by Josh Boak, AP and Colleen Long, AP. PBS – November 23, 2021.

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from the strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India, and the United Kingdom. The move is aimed at global energy markets, but […]

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