{"id":19233,"date":"2022-03-31T17:23:06","date_gmt":"2022-03-31T17:23:06","guid":{"rendered":"https:\/\/www.nsemgh.com\/?p=19233"},"modified":"2022-03-31T17:23:06","modified_gmt":"2022-03-31T17:23:06","slug":"biden-to-announce-record-oil-release-from-stockpiles","status":"publish","type":"post","link":"https:\/\/www.nsemgh.com\/2022\/03\/31\/biden-to-announce-record-oil-release-from-stockpiles\/","title":{"rendered":"Biden to announce record oil release from stockpiles"},"content":{"rendered":"<p data-reactid=\".27s9nk2cn80.0.2.0.0.1.0.1.0.$lx-tabs0.0.$lx-commentary.$lx-commentary.2.0.1.1.1:$post-6245c73a5fbc655faa01f929.0.6.0.0:$post_1\">President Joe Biden will shortly announce the release of a record amount of oil from US strategic stockpiles, says the White House.<\/p>\n<p data-reactid=\".27s9nk2cn80.0.2.0.0.1.0.1.0.$lx-tabs0.0.$lx-commentary.$lx-commentary.2.0.1.1.1:$post-6245c73a5fbc655faa01f929.0.6.0.0:$post_2\">It says an unprecedented one million barrels a day will be released to the market from US reserves for the next six months.<\/p>\n<p data-reactid=\".27s9nk2cn80.0.2.0.0.1.0.1.0.$lx-tabs0.0.$lx-commentary.$lx-commentary.2.0.1.1.1:$post-6245c73a5fbc655faa01f929.0.6.0.0:$post_3\">It hopes the move will dampen soaring fuel prices in the wake of Russia&#8217;s invasion of Ukraine.<\/p>\n<p data-reactid=\".27s9nk2cn80.0.2.0.0.1.0.1.0.$lx-tabs0.0.$lx-commentary.$lx-commentary.2.0.1.1.1:$post-6245c73a5fbc655faa01f929.0.6.0.0:$post_4\">Oil prices began to fall earlier today after reports emerged that the US was considering tapping its crude reserves.<\/p>\n<p data-reactid=\".27s9nk2cn80.0.2.0.0.1.0.1.0.$lx-tabs0.0.$lx-commentary.$lx-commentary.2.0.1.1.1:$post-6245c73a5fbc655faa01f929.0.6.0.0:$post_4\">more to follow&#8230;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden will shortly announce the release of a record amount of oil from US strategic stockpiles, says the White House. It says an unprecedented one million barrels a day will be released to the market from US reserves for the next six months. It hopes the move will dampen soaring fuel prices in [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":19234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[12],"tags":[5178,5499,6569,5467,5252,2471,10742,5441,1761,11973,3805,10390,6431,7540,3457,5180,6348,5251,6571,2982,3954],"class_list":["post-19233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-biden","tag-crude-oil","tag-fuel","tag-fuel-prices","tag-invasion","tag-joe-biden","tag-market","tag-oil","tag-oil-prices","tag-one","tag-president","tag-prices","tag-release","tag-reserves","tag-russia","tag-ukraine","tag-us","tag-war","tag-white","tag-white-house","tag-will"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/19233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=19233"}],"version-history":[{"count":0,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/19233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/19234"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=19233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=19233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=19233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}