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US News US President Biden orders strategic oil reserves at

16:00  23 november  2021
16:00  23 november  2021 Source:   berliner-kurier.de

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In view of highly increased fuel prices, the USA and other countries in a concerted action arrange their strategic oil reserves. In Washington, the White House shared on Tuesday, the US was working together with China, India, Japan, South Korea and the United Kingdom. The US sit on the world's largest emergency reserve. The additional oil should press the price worldwide.

Angesichts stark gestiegener Kraftstoffpreise zapfen die USA und weitere Länder in einer konzertierten Aktion ihre strategischen Ölreserven an. © George Frey In view of highly increased fuel prices, the USA and other countries in a concerted action arrive their strategic oil reserves.

"As the President said: Consumers just suffer queases on the pumping column," a government official explained. Therefore, President Joe Biden arranged to release 50 million barrels of oil. A barrel are 159 liters. Further measures are not excluded, said the government official. In the US, fuel prices have risen by almost ten percent in recent weeks.

ILO / JU

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This is interesting!