Biden Team Weighs A Massive Oil Release To Combat Inflation

Tiger Newspress2022-03-31

WTI and Brent Crude Were All Down More Than 3% as Biden Team Weighs A Massive Oil Release To Combat Inflation.

The Biden administration is weighing a plan to release roughly a million barrels of oil a day from U.S. reserves, for several months, to combat rising gasoline prices and supply shortages following Russia’s invasion of Ukraine, according to people familiar with the matter, Bloomberg News reports.

The total release may be as much as 180 million barrels, the people said.

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Comment（34）

robot1234
·2022-03-31
The world top three oil producers are US, Saudi Arabia and Russia. The US is the top petroleum liquids producer in the world, averaging 18.6 million b/d to account for 20% of the world’s production in 2020. Saudi Arabia contributes 10.8 million b/d, representing 11% of the world’s total petroleum liquids production. While Russia has dropped to third place in a ranking it led as recently as 2010, it remains one of the world’s top oil producers with an average of 10.5 million b/d in 2020, accounting for 11% of global production. The US has benefitted enormously from the Ukraine crisis. Prior to the crisis, the EU import around 45% and 25% of her natural gas and oil from Russia. Due to geopolitical tension, the EU is now paying a premium importing gas and oil from the US.
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1
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CArs
·2022-03-31
👍yes 😃
Reply
1
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Jloong
·2022-03-31
q
Reply
2
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phongy 45
·2022-03-31
Really, sometimes he announced for fun .. didn't mean it!
Reply
2
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JohnL
·2022-03-31
1 mil a day
Reply
2
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Aeron2020
·2022-03-31
ok
Reply
3
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Upz
·2022-03-31
Like pls
Reply
2
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SCLIEW
·2022-03-31
666
Reply
3
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Bspn
·2022-03-31
Ok
Reply
4
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TinPLJ
·2022-03-31
Yeah
Reply
6
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TeckV
·2022-03-31
Not show the effect on oil price..how to reduce inflation?[Observation]
Reply
3
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ARIESan
·2022-03-31
Good 👍
Reply
4
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ThinkOrSwim
·2022-03-31
Want to battle inflation? Stop printing currencies and stop the treasury bonds' purchase spree. [Glance]
Reply
3
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ThinkOrSwim
·2022-03-31
A temporary stop-gap. Re-opening is happening aswe speak and the oil tap will run dry alot faster. By then, the world will cry foul. [Speechless]
Reply
2
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CubTrader
·2022-03-31
Good
Reply
2
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StarGalaxy
·2022-03-31
Ok
Reply
2
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Aninpooh
·2022-03-31
Thanks.
Reply
2
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Mike Tiger
·2022-03-31
Oil price still high thou
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3
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Bodoh
·2022-03-31
Wasn't all the US wars about oil?
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5
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Oyh
·2022-03-31
Ok
Reply
3
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While Russia has dropped to third place in a ranking it led as recently as 2010, it remains one of the world’s top oil producers with an average of 10.5 million b/d in 2020, accounting for 11% of global production. The US has benefitted enormously from the Ukraine crisis. Prior to the crisis, the EU import around 45% and 25% of her natural gas and oil from Russia. Due to geopolitical tension, the EU is now paying a premium importing gas and oil from the US.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013820392","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013159648,"gmtCreate":1648692920807,"gmtModify":1676534381104,"author":{"id":"4096004503736230","authorId":"4096004503736230","name":"CArs","avatar":"https://static.tigerbbs.com/c8a67cdb0348bbb5c39045f261522eff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4096004503736230","authorIdStr":"4096004503736230"},"htmlText":"👍yes 😃","listText":"👍yes 😃","text":"👍yes 😃","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013159648","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013128297,"gmtCreate":1648692349150,"gmtModify":1676534380937,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":1,"idStr":"3582461179498852","authorIdStr":"3582461179498852"},"htmlText":"&nbsp;q","listText":"&nbsp;q","text":"q","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013128297","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013162311,"gmtCreate":1648691662433,"gmtModify":1676534380697,"author":{"id":"4101978790494150","authorId":"4101978790494150","name":"phongy 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it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013162311","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013186143,"gmtCreate":1648690917333,"gmtModify":1676534380429,"author":{"id":"3570369418287680","authorId":"3570369418287680","name":"JohnL","avatar":"https://community-static.tradeup.com/news/20db2fa4f65cb04a8d837d400a1b5d7b","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3570369418287680","authorIdStr":"3570369418287680"},"htmlText":"1 mil a day","listText":"1 mil a day","text":"1 mil a day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013186143","repostId":1190534365,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013183756,"gmtCreate":1648690717688,"gmtModify":1676534380372,"author":{"id":"3578826035321767","authorId":"3578826035321767","name":"Aeron2020","avatar":"https://static.tigerbbs.com/f6d3dcb0d1e773035641d12cc952aeb3","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3578826035321767","authorIdStr":"3578826035321767"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013183756","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013189024,"gmtCreate":1648690569524,"gmtModify":1676534380318,"author":{"id":"3581903782112955","authorId":"3581903782112955","name":"Upz","avatar":"https://static.tigerbbs.com/3bd2a00c1f63a4f4f80a57a9207b67d5","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581903782112955","authorIdStr":"3581903782112955"},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013189024","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013135107,"gmtCreate":1648689631106,"gmtModify":1676534379926,"author":{"id":"4092970777728640","authorId":"4092970777728640","name":"SCLIEW","avatar":"https://static.tigerbbs.com/5da553e4d3d35db75d1caae023ca8a03","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4092970777728640","authorIdStr":"4092970777728640"},"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013135107","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013138260,"gmtCreate":1648689503470,"gmtModify":1676534379862,"author":{"id":"3582502134655895","authorId":"3582502134655895","name":"Bspn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582502134655895","authorIdStr":"3582502134655895"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013138260","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013138904,"gmtCreate":1648689480518,"gmtModify":1676534379854,"author":{"id":"3584319358314273","authorId":"3584319358314273","name":"TinPLJ","avatar":"https://static.tigerbbs.com/1f44e52db537ba004a729d3ccce38cef","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3584319358314273","authorIdStr":"3584319358314273"},"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013138904","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013139712,"gmtCreate":1648689342442,"gmtModify":1676534379799,"author":{"id":"3572215217841641","authorId":"3572215217841641","name":"TeckV","avatar":"https://static.tigerbbs.com/d5c1d93fdce0904aa31084e14cd89a73","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3572215217841641","authorIdStr":"3572215217841641"},"htmlText":"Not show the effect on oil price..how to reduce inflation?[Observation]&nbsp;","listText":"Not show the effect on oil price..how to reduce inflation?[Observation]&nbsp;","text":"Not show the effect on oil price..how to reduce inflation?[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013139712","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013197808,"gmtCreate":1648689118594,"gmtModify":1676534379743,"author":{"id":"4087545408973980","authorId":"4087545408973980","name":"ARIESan","avatar":"https://static.tigerbbs.com/ab7b9364a4791173d66fbb5fda8ef925","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087545408973980","authorIdStr":"4087545408973980"},"htmlText":"Good 👍&nbsp;","listText":"Good 👍&nbsp;","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013197808","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013196793,"gmtCreate":1648688959689,"gmtModify":1676534379671,"author":{"id":"4107161170881400","authorId":"4107161170881400","name":"ThinkOrSwim","avatar":"https://static.itradeup.com/news/456b9d740a0500cd2e7af1a1332c61de","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4107161170881400","authorIdStr":"4107161170881400"},"htmlText":"Want to battle inflation? Stop printing currencies and stop the&nbsp;treasury bonds' purchase spree.&nbsp;[Glance]&nbsp;","listText":"Want to battle inflation? Stop printing currencies and stop the&nbsp;treasury bonds' purchase spree.&nbsp;[Glance]&nbsp;","text":"Want to battle inflation? Stop printing currencies and stop the treasury bonds' purchase spree. [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013196793","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013198074,"gmtCreate":1648688856322,"gmtModify":1676534379609,"author":{"id":"4107161170881400","authorId":"4107161170881400","name":"ThinkOrSwim","avatar":"https://static.itradeup.com/news/456b9d740a0500cd2e7af1a1332c61de","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4107161170881400","authorIdStr":"4107161170881400"},"htmlText":"A temporary stop-gap. Re-opening is happening aswe speak and&nbsp;the oil&nbsp;tap will&nbsp;run&nbsp;dry alot faster. By then, the&nbsp;world will cry foul.&nbsp;[Speechless]&nbsp;","listText":"A temporary stop-gap. Re-opening is happening aswe speak and&nbsp;the oil&nbsp;tap will&nbsp;run&nbsp;dry alot faster. By then, the&nbsp;world will cry foul.&nbsp;[Speechless]&nbsp;","text":"A temporary stop-gap. Re-opening is happening aswe speak and the oil tap will run dry alot faster. By then, the world will cry foul. [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013198074","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013191425,"gmtCreate":1648688851527,"gmtModify":1676534379618,"author":{"id":"3552620505563005","authorId":"3552620505563005","name":"CubTrader","avatar":"https://static.tigerbbs.com/bf7145f19b342af15e8d455a8e30aaa8","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0,"idStr":"3552620505563005","authorIdStr":"3552620505563005"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013191425","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013193111,"gmtCreate":1648688771036,"gmtModify":1676534379569,"author":{"id":"4090381790893340","authorId":"4090381790893340","name":"StarGalaxy","avatar":"https://static.tigerbbs.com/49916fa198da24e2605abf24a28d23d2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4090381790893340","authorIdStr":"4090381790893340"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013193111","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013107729,"gmtCreate":1648688619571,"gmtModify":1676534379507,"author":{"id":"4103546058868860","authorId":"4103546058868860","name":"Aninpooh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4103546058868860","authorIdStr":"4103546058868860"},"htmlText":"Thanks.&nbsp;","listText":"Thanks.&nbsp;","text":"Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013107729","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013106468,"gmtCreate":1648688371244,"gmtModify":1676534379402,"author":{"id":"4095485280531450","authorId":"4095485280531450","name":"Mike Tiger","avatar":"https://community-static.tradeup.com/news/5106dea49e0d51296c8d9dc17e090199","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4095485280531450","authorIdStr":"4095485280531450"},"htmlText":"Oil price still high thou","listText":"Oil price still high thou","text":"Oil price still high thou","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013106468","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013101587,"gmtCreate":1648688243403,"gmtModify":1676534379350,"author":{"id":"3559859558754319","authorId":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3559859558754319","authorIdStr":"3559859558754319"},"htmlText":"Wasn't all the US wars about oil?","listText":"Wasn't all the US wars about oil?","text":"Wasn't all the US wars about oil?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013101587","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9013100384,"gmtCreate":1648688048784,"gmtModify":1676534379192,"author":{"id":"3561459567222461","authorId":"3561459567222461","name":"Oyh","avatar":"https://community-static.tradeup.com/news/6efe76978b8678e18a4d96fd589746dd","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3561459567222461","authorIdStr":"3561459567222461"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013100384","repostId":1190534365,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":350,"commentSize":34,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}