{"id":1573268,"date":"2022-07-27T12:12:33","date_gmt":"2022-07-27T16:12:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1573268"},"modified":"2022-07-27T12:13:12","modified_gmt":"2022-07-27T16:13:12","slug":"biden-sells-more-oil-reserve-as-energy-prices-spike-in-europe-spr-oil","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-sells-more-oil-reserve-as-energy-prices-spike-in-europe-spr-oil\/","title":{"rendered":"Biden sells more oil reserve as energy prices spike in Europe SPR oil"},"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\">26<\/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%2Fbiden-sells-more-oil-reserve-as-energy-prices-spike-in-europe-spr-oil%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=1573268&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--><p><img decoding=\"async\" width=\"373\" height=\"210\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr-373x210-1.jpeg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation\u2019s petroleum stockpile to try to corral rising energy prices.The White House announced Thursday, March 31, 2022, that Biden ordered the release of 1 million barrels of oil per day from the strategic petroleum reserve for the next six months.(Department of Energy via AP)\" loading=\"lazy\" style=\"float:left; margin:0 15px 15px 0;\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr-373x210-1.jpeg 373w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr-777x437-1.jpeg 777w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2022\/07\/spr-180x101.jpeg 180w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2022\/07\/spr-260x146.jpeg 260w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2022\/07\/spr-120x67.jpeg 120w\" sizes=\"auto, (max-width: 373px) 100vw, 373px\" \/><\/p>\n<div id=\"attachment_2731178\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-2731178\" loading=\"lazy\" class=\"size-full wp-image-2731178\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr.jpeg\" alt=\"An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation\u2019s petroleum stockpile to try to corral rising energy prices.The White House announced Thursday, March 31, 2022, that Biden ordered the release of 1 million barrels of oil per day from the strategic petroleum reserve for the next six months.(Department of Energy via AP)\" width=\"800\" height=\"620\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr.jpeg 800w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr-564x437-1.jpeg 564w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/spr-768x595-1.jpeg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p id=\"caption-attachment-2731178\" class=\"wp-caption-text\">An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation\u2019s petroleum stockpile to try to corral rising energy prices. (Department of Energy via AP)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>\nUPDATED 8:04 AM PT \u2013 Wednesday, July 27, 2022<\/h5>\n<p>The Biden administration is releasing more oil from the Strategic Petroleum Reserve (SPR) after a failed effort to increase supply from Saudi Arabia. In a <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2022\/07\/26\/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall\/\">statement<\/a> Tuesday, the White House said the Department of Energy would sell another 20 million barrels of oil from the reserves to stabilize the gas market.<\/p>\n<p>President Joe Biden\u2019s officials also pointed out gas prices have continued to fall. These sentiments came despite economists saying gas prices are falling because of concerns of recession, while most of SPR oil has been exported to Europe and China. This comes as natural gas prices in Europe are hitting new record highs as a result of anti-Russian sanctions.<\/p>\n<p>\u201cThe most crucial outcome is that we will start saving gas now and that we have a blueprint to act together in a coordinated way if the situation worsens,\u201d said EU Energy Commissioner Kadri Simson. \u201cReducing gas demand proactively allows us to avoid rushed or unilateral decisions when it is too late. It will make it possible to plan the savings in the most efficient way.\u201d<\/p>\n<p>A number of European countries have already asked Biden for more oil and gas going into the winter season amid fears that Russia may shut off the supply.<\/p>\n<p>MORE NEWS:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation\u2019s petroleum stockpile to try to corral rising energy prices. (Department of Energy via AP) OAN Newsroom UPDATED 8:04 AM PT \u2013 Wednesday, July 27, 2022 &hellip;<\/p>\n","protected":false},"author":79,"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-1573268","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\/1573268","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\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1573268"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1573268\/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=1573268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1573268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1573268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}