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Tapping Strategic Oil Reserve

Gas Prices Expected To Drop 25 Cents By Mid-July, Experts Say

AP | By CHRIS KAHN and JONATHAN FAHEY | Posted 08.25.2011 | Business

NEW YORK -- A summer road trip may not be such a bad idea after all. Gasoline prices are falling fast. In the past 7 weeks, the average U.S. retail p...

Strategic Petroleum Reserve Release Under Fire -- For Being Effective

Daniel Dicker | Posted 08.24.2011 | Business
Daniel Dicker

Argue all you want about the release of 60 million barrels of crude oil from the International Energy Agency, but one thing you can't argue is the level of its effectiveness.

U.S. Considering Tapping Oil Reserves As Gas Prices Rise

AP | Posted 05.25.2011 | Business

WASHINGTON — President Barack Obama's chief of staff says the administration is looking at the nation's oil reserves as it considers options for...

US Taps Oil Reserves To Ward Off Shortages Due To Storms

AFP | Posted 05.25.2011 | Green

LONDON (AFP) - Oil prices fell on Wednesday as the US government decided to release crude stocks from its strategic reserve after Hurricane Gustav ha...

Obama Proposes Tapping Nation's Strategic Oil Reserves To Help Drive Down Gas Prices

AP | TOM RAUM | Posted 05.25.2011 | Politics

LANSING, Mich. — Barack Obama put forward a broad energy plan Monday designed to end U.S. reliance on imported oil within 10 years and shore up ...