US to release 50 million barrels of oil from strategic reserve to ease energy costs

Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

President Joe Biden this morning ordered 50 million barrels of oil released from the strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the U.K. The move is aimed at global energy markets, but also at voters who are coping with higher inflation and

This article is only available to paid Insiders
Already an Insider? Sign in.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business