Over 5 Million Barrels of Oil From U.S. Reserves Sent Overseas as Gasoline Prices Stay High

More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.

The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices.

Biden on Saturday (July 2) renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.

The flow is draining the U.S. Strategic Petroleum Reserve, which last month fell to the lowest since 1986.

? Source: Reuters

Follow:?
@G3News

USAID is pouring $125 million into an effort to seek out novel viruses in remote areas of the world. What could go wrong? https://www.forbes.com/sites/s....tevensalzberg/2022/0

https://covenomseries.com

❗️The West’s Support of the ‘Kiev Regime’ is ‘State-Sponsored Terrorism’ - Lavrov

FM Sergei Lavrov hit back at accusations from the West that Russia is targeting civilian centers in the ongoing Ukrainian conflict while visiting Hanoi, Vietnam.

“The West must understand its responsibility for the murders of civilians in Donbas and the other parts of Ukraine,” Lavrov told reporters.

The FM also brushed off calls for Russia to be barred from attending the upcoming G20 meeting in Bali, Indonesia.

Subscribe to RT t.me/rtnews

Law enforcement is investigating a reported explosion near The Georgia Guidestones. https://www.fox5atlanta.com/ne....ws/georgia-guideston

Cheese is the new gold. As food prices explode, expect more significant security at grocers, and big changes in #retail (click hashtag). Digital tags will be "secure" and help you track your purchases...

"Supermarkets put security tags on cheese blocks as stores tackle shoplifting amid soaring food costs
Supermarkets appear to be toughening its security measures on foodstuffs as shoppers feel the financial pinch of soaring inflation

Supermarkets have been spotted adding security tags to basic food items like cheese, as the cost of living crisis sees pricing spiralling.

Britons took to social media to share pictures of tags more commonly used on bottles of alcohol attached to £3.99 blocks of Aldi cheddar.

https://www.independent.co.uk/....news/uk/home-news/al

Banned on fakebook for 2 days for posting this picture