The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve (SPR) to combat soaring gas prices.
The DOE approved the release of 13.4 million barrels from its SPR, marking the second-largest exchange from the reserve and bringing the total amount of oil released from the cache to almost 40 million barrels.
Exchange contracts for the released oil have were awarded to seven companies. President Joe Biden authorized a plan in November 2021 to release 50 million barrels of crude oil from the SPR in a coordinated effort with China, India, Japan, South Korea and the U.K. to combat surging gas prices and assist in the COVID-19 pandemic recovery.
Most Americans once were mostly in agreement about what happened on December 7, 1941, 80 years ago this year. But not so much now, given either the neglect of America’s past in the schools or woke revisionism at odds with the truth.
The Pacific war that followed Pearl Harbor was not a result of America egging on the Japanese, not about starting a race war, and not about much other than a confident and cruel Japanese empire falsely assuming that its stronger American rival either would not or could not stop its transoceanic ambitions.
The Biden administration asked China, Japan, South Korea and India to tap into their emergency oil reserves as the president continues to grapple with rising gasoline prices, Reuters reported.
The effort to simultaneously release oil reserves represents a rebuke of the Organization of the Petroleum Exporting Countries (OPEC), the cartel that controls oil production throughout the Middle East, several anonymous sources familiar with the request told Reuters on Wednesday. OPEC has repeatedly rejected requests from President Joe Biden and other top administration officials to increase oil production amid rising gasoline prices.
The four Asian nations the president appealed to represent some of the largest energy consumers and greenhouse gas emitters, according to a University of Oxford database.
The Texas Education Agency contracted with a virtual-tutorial marketing company through the end of the 2022-2023 school year that relies on tutorial services from VIPKids, the Beijing-based company backed by the Chinese technology conglomerate Tencent tied to surveillance and censorship. “We believe all students deserve equal access to rigorous…