Russian oil

Gas Prices

Biden planning to tap oil reserve to control gas prices

President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia over


Opinion: When Gasoline Prices Rise, Politicians Get Predictable – Inside Sources

What is it about oil price spikes that befuddle politicians? This is especially true of Democrats, but Republicans, too, have had moments of confusion about oil. In fact, Republican president Richard Nixon was, when it came to energy, very confused. Most notably, he didn’t realize that his own policies were responsible for many of the bad

Gas Prices

US gasoline prices rise again on talk of banning Russian oil

Photo: Gas prices in Los Angeles Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil. Prices at the pump were rising long before Russia invaded Ukraine and have spiraled faster since the start of

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