China has sharply increased crude oil stockpiles, prompting debate over whether this buildup is purely for energy security or signals preparation for future conflict. The strategy also affects global oil markets.
Posts tagged as “Strategic Petroleum Reserve”
By Jacob M. Thompson The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices.…
By USA First Reporting As 26 million barrels are planned for delivery over a three-month period starting on April 1, the Biden administration has started an…
By Brenda Baletti, Ph.D. Rep. Katie Porter (D-Calif.) said a bill passed last week by the House to limit the energy secretary’s ability to tap the…
By Joseph Lord A coalition of 11 Democratic senators asked President Joe Biden in a Monday letter to take extreme steps to combat soaring gas prices,…