The United States is trying to replenish its strategic oil reserve. The Biden administration raised the price it is willing to pay to replenish the nation's emergency oil reserves, which have dwindled to their lowest level in four decades. The Energy Department said it would pay up to $79.99 a barrel for oil, marking the first time the administration has set a clear ceiling on the price. That's above the previous unofficial limit of $79 and close to market prices. The Energy Department also changed the pricing formula.
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Негізгі бет America NEEDS OIL. Biden Raises Oil Price US Is Willing to Pay to Refill Reserves
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