{"id":1047597,"date":"2021-11-23T09:13:32","date_gmt":"2021-11-23T14:13:32","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1047597"},"modified":"2021-11-23T09:13:35","modified_gmt":"2021-11-23T14:13:35","slug":"joe-biden-releases-50-million-barrels-of-oil-from-national-strategic-petroleum-reserve-as-gas-prices-keep-rising","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-releases-50-million-barrels-of-oil-from-national-strategic-petroleum-reserve-as-gas-prices-keep-rising\/","title":{"rendered":"Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">36<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjoe-biden-releases-50-million-barrels-of-oil-from-national-strategic-petroleum-reserve-as-gas-prices-keep-rising%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1047597&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/fuel-for-the-road-640x335-1.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve.<\/p>\n<p>The president argued in a statement the demand for oil was not able to keep up with the economy recovering from the coronavirus pandemic shutdowns, leading to higher prices.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cAmerican consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with demand as the global economy emerges from the pandemic,\u201d the White House said in a statement.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Biden announced his decision as Americans prepare to hit the road for Thanksgiving travel at the same time prices show no sign of easing, as Breitbart News <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/23\/thanksgiving-travel-on-the-rise-along-with-gas-prices\/\">reports<\/a>.<\/p>\n<p>Gas prices <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/11\/01\/bidenflation-gas-pump-prices-hit-7-year-high\">have<\/a> hit a seven-year-high as Biden struggles to find a solution to higher gas prices.<\/p>\n<p>Biden <a href=\"https:\/\/www.worldoil.com\/news\/2021\/11\/5\/biden-signals-defeat-in-his-battle-against-opec-oil-producers\">failed<\/a> to convince OPEC+ nations to produce more oil in November and tried to blame the higher prices on oil companies.<\/p>\n<p>The White House is also arguing Americans have more money to use to help pay for more expensive gasoline.<\/p>\n<p>In his statement, Biden reminded Americans that thanks to his policies, they \u201cnearly $100 more per month in disposable income in their pockets\u201d to help pay for the higher cost of energy and fuel.<\/p>\n<p>Biden also boasted that his \u201chistoric\u201d infrastructure bill invested in green energy with the goal of \u201ca net-zero emissions economy by 2050 and reducing our dependence on foreign fossil fuels.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve. The president argued in a statement the demand for &#8230;<\/p>\n","protected":false},"author":24,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1047597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1047597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1047597"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1047597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1047597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1047597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1047597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}